Problem naming beneficiary

[alkimco]

This policy was issued through his employer. The dispute is over his initial choice (or lack thereof) of beneficiary. We asked the insurance company the same thing: How can you issue a policy with no beneficiary? They replied that the proceeds would be paid to his estate.

 

[Betty]

This policy was issued through his employer. The dispute is over his initial choice (or lack thereof) of beneficiary. We asked the insurance company the same thing: How can you issue a policy with no beneficiary? They replied that the proceeds would be paid to his estate.

That's correct - if there was no bene, the proceeds will become a part of the estate.

 

[BelizeBreeze]

WOW, why didn't anyone thing of that??????

 

[Betty]

I was just giving OP a reply to their post. I do have to admit - it was kind of redundant, wasn't it!! )