Co-op insurance in deceased mother's name

[appleseed]

What is the name of your state? NY

My fiance's mother recently passed away. She owned a co-op but unfortunately did not leave a will. My fiance is currently filing the paperwork with the State to become her heir officially and the co-op cannot be transferred to his name until he receives the letter. The co-op insurance policy is in his mother's name. If something(fire, injury,etc) requiring a claim on the policy occurs would the insurance company uphold the policy of a deceased person or is the policy now void because she is deceased?

Thanks

 

[HomeGuru]

What is the name of your state? NY

My fiance's mother recently passed away. She owned a co-op but unfortunately did not leave a will. My fiance is currently filing the paperwork with the State to become her heir officially and the co-op cannot be transferred to his name until he receives the letter. The co-op insurance policy is in his mother's name. If something(fire, injury,etc) requiring a claim on the policy occurs would the insurance company uphold the policy of a deceased person or is the policy now void because she is deceased?

Thanks

**A: the cooperative issue is a probate matter. The policy holder beneficiary on the insurance should be the estate.

 

[You Are Guilty]

Call the insurance company and ask. Odds are, the policy is still in effect (assuming the premium(s) were paid in advance).

 

[appleseed]

thank you.....will definitely do that