2007-01-12 04:29:10 · 4 answers · asked by wootsie12001 1 in Business & Finance ➔ Insurance
If a bene murders the insured they will absolutely not get any money from a life insurance policy...All homicides are independently investigated by the insurance company to rule the beneficiary out as a suspect...
2007-01-12 12:44:51 · answer #1 · answered by aoifeb2000 2 · 0⤊ 0⤋
It depends on 1) what the policy states, and 2) what the law is in your jurisdiction. As the policy has to comply with the law, if the policy says it's excluded, then it's excluded. Also, most policies have "felony acts" as an exclusion as well. So either way, the answer is no.
However, if the beneficiary is guardian of the minor children---the beneficiary has control of the money until the children reach the age of majority.
Now, all this is true if it is proven in criminal court the beneficiary committed murder.
2007-01-12 09:49:42 · answer #2 · answered by bundysmom 6 · 0⤊ 0⤋
Not if they get caught with the murder. I watch lifetime and they are all based on true stories. Are you thinking about killing someone???
2007-01-12 04:32:01 · answer #3 · answered by Anonymous · 1⤊ 0⤋
No, that would be considered proceeds of crime.
2007-01-12 04:34:32 · answer #4 · answered by CanadianBlondie 5 · 1⤊ 0⤋