What is the name of your state (only U.S. law)? NJ
My friend Ed's mom took out a life insurance policy on him when he was a child. All I know was that it was a $10,000 policy. Ed's mom died last month, and she was the only beneficiary on the policy. The insurance company told him to mail them proof of his mom's death and they would mail him some money. The question we're all asking is this: Would Ed get the whole $10,000 benefit? The policy was started about 30 years ago and we're all wondering how much money he gets.
My friend Ed's mom took out a life insurance policy on him when he was a child. All I know was that it was a $10,000 policy. Ed's mom died last month, and she was the only beneficiary on the policy. The insurance company told him to mail them proof of his mom's death and they would mail him some money. The question we're all asking is this: Would Ed get the whole $10,000 benefit? The policy was started about 30 years ago and we're all wondering how much money he gets.