Legal Question in Insurance Law in Nevada
Contested Life Insurance Benefits
If two people are on the policy that is being contested and one drops out can the other one still fight for the money without the other still being liable to the law suit?
Asked on 9/28/07, 10:19 pm
2 Answers from Attorneys
James Smith
James E. Smith Ltd.
Re: Contested Life Insurance Benefits
It depends on the reason for dropping out. All parties are necessary parties. The law is generally that the losing party(ies) pay the costs of the winner. So yes, it is possible.
Answered on 9/28/07, 10:32 pm
Adam Breeden
Breeden & Herbe, Ltd.
Re: Contested Life Insurance Benefits
I would need to meet with you and review the policy, but if you are both equal beneficiaries it might be necessary to add the other person to the suit. If it goes by percentage, then perhaps not.
Call me to set up a consultation if you do not already have legal counsel.
Answered on 9/30/07, 4:51 pm
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