Legal Question in Insurance Law in Florida
I have paid life insurance on my grandkids since birth. The oldest two are 26 and 24, they are not in school and do not have jobs. I intended on them taking over payment by now. I have 6 others to pay on. I want to cash in the policies of the oldest two, however they want to a piece of the funds. They have never paid on the policy and neither has their mother or father (my son). Are they entitled?
Asked on 6/05/13, 12:40 pm
1 Answer from Attorneys
Barry Stein
De Cardenas, Freixas, Stein & Zachary
The owner of the policy is entitled to the proceeds. Check with the agent and the insurance company.
Answered on 6/05/13, 12:43 pm
Related Questions & Answers
-
I was awarded long term disability benefits, Provident Unum, and was paid benefits,... Asked 5/24/13, 10:44 am in United States Florida Insurance Law
-
I was recently involved in an accident, rear-ended. The other drivers insurance... Asked 5/17/13, 5:53 am in United States Florida Insurance Law
-
If friend crashed my car without license does my collision cover it Asked 5/02/13, 7:37 pm in United States Florida Insurance Law
-
My Daugher was in an accident. At falt. She is 24, her car is in her name, the... Asked 4/21/13, 4:03 pm in United States Florida Insurance Law
-
I hired an attorney after meeting with him, I felt confident that I was in good... Asked 4/14/13, 2:19 pm in United States Florida Insurance Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
