Life insurance ownership

[berec21886]

Is there a lawyer in the house?

Hi thank you for considering my request. My father took out a life insurance policy on me when I was a minor. I am now an adult. I am 24 years old now and the policy was taken out about 15 years ago. I have no communication with my father and desire none as I actually fear for my life from him. I just found out this policy exists and don't want him to have an incentive in the case of my death. The insurance company hasn't been forth coming in my rights. I am not seeking any benefits or payments. I just want the policy canceled as I don't want a "bounty on my head". Since I'm an adult now can I contest this policy? This is a Florida policy.

Thanks again,

 

[ALawyer]

He likely had an insurable interest in your life at the time, and if he did, he has the right to the policy. Usually these policies are very small, less than $10k.

If you fear for your life, and he has given you a basis for the fear, you may want to get a protective order to keep him away from you.