Legal Question in Bankruptcy in California
Life Insurance Policies
What is the difference between matured and unmatured life insurance policies as referenced in Cal. Code Civ. Proc. 704.100 (b)-(c)?
Asked on 10/10/01, 8:30 pm
1 Answer from Attorneys
Mark Markus
Law Office of Mark J. Markus
Re: Life Insurance Policies
A matured policy has already begun payments to the beneficiary, usually due to the death of the insured. An unmatured policy is one that has not matured.
Answered on 11/22/01, 1:20 am
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