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demutualization

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rghjudi

Junior Member
New York
A What exactly happens when a life insurance policey becomes demutualized? what happens to the benificiary?

My Mother had J.H. $10,000.00 life policies that were paid up in 1960 what would have been the worth of one when JHancock demutualized?

I don't know if you remember me, I had asked advice about financial exploitaion that my sister did on my mother prior to death, I'm still putting it togther in building a strong enough case for the DA.
Anyway any light you can shed on the above dilema I have will be much appreciated. Thank you
 


rghjudi

Junior Member
New York State

What exactly happens to a life insurance policey when it demutualizes? Please explain step by step if possible.
What if there was a benifiary to the policey?
Thank you
:confused:
 

rghjudi

Junior Member
NEW YORK STATE :confused:

WOULD YOU PLEASE EXPALIN STEP BY STEP WHAT HAPPENS TO A LIFE INSURANCE POLICEY WHEN IT IS DEMUTUALIZED?
WHAT BECOMES OF THE BENIFICIARY
 

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