What is the name of your state (only U.S. law)? MA
There was a recent case in Massachusetts against Met Life and Prudential where they were found negligent in notifying beneficiaries of life insurance policy benefits. They failed to seek out beneficiaries after policy holders passed on. Obviously, once a certain amount of time passes they are no longer required to pay beneficiaries as a statute of limitations has passed on the policy. I'm trying to find out how long that period of time is in Massachusetts. If anyone could answer that I would appreciate your sharing your expertise.
Thanks!
There was a recent case in Massachusetts against Met Life and Prudential where they were found negligent in notifying beneficiaries of life insurance policy benefits. They failed to seek out beneficiaries after policy holders passed on. Obviously, once a certain amount of time passes they are no longer required to pay beneficiaries as a statute of limitations has passed on the policy. I'm trying to find out how long that period of time is in Massachusetts. If anyone could answer that I would appreciate your sharing your expertise.
Thanks!