What is the name of your state? Tennessee (policy in Florida)
My wife's ex recently passed away, leaving two policies with a combined value of 350k.
He tried twice to name his (and my wife's) 16-year-old daughter as the sole beneficiary of both policies. Both times Metlife rejected these attempts for form: white-out on the application and application faxed, not mailed. (The guy was no rocket surgeon!)
My question is this: under Florida law, should the insurance company look at the insured's intent in designating a beneficiary, or absent a perfectly named beneficiary, do the proceeds revert to the deceased's estate?What is the name of your state?
My wife's ex recently passed away, leaving two policies with a combined value of 350k.
He tried twice to name his (and my wife's) 16-year-old daughter as the sole beneficiary of both policies. Both times Metlife rejected these attempts for form: white-out on the application and application faxed, not mailed. (The guy was no rocket surgeon!)
My question is this: under Florida law, should the insurance company look at the insured's intent in designating a beneficiary, or absent a perfectly named beneficiary, do the proceeds revert to the deceased's estate?What is the name of your state?