Does anyone work for a big natural life insurance company?
I had a send for from a life insurance company asking me if I be my former husbands wife at the time of his death. which by the instrument was 6 and 1/2 years ago. any bearing they asked me a few questions and told me that because he be divorced from his ex wife at the time of his death that voided her out as the one who could claim the passing benefit. and because I was his wife consequently he needed my info, he said he would call me hindmost in a few days to consent to me know about the proceeds. I be very stunned and similar to an idoit didn't get anymore info, similar to a phone# or what company. But can a divorce over ride a listed benefeciary, does this nouns right? I work for an insurance company and that's not how our life policies work. whoever is nominated, divorced or not gets the extermination benefit.
Answers:
I used to work for the largest insurer in the U.S. -- and one of the largest within the world. If the beneficiary designation simply stated "my wife," then the Company is correct (but this is VERY pink, since usually underwriters catch and correct this prior to the policy individual issued); but if it reads "Jane Smith, relationship: wife," later the insurer is incorrect. While she was no longer his wife when he died, he vanished her as beneficiary, which is his right. (The "insurable interest" issue is only crucial at the time the policy is purchased.) If the insurer pays you, she'll sue (and rightfully so) and it'll end up have to pay her, too. The majority of insurers know this and avoid beneficiary disputes by paying the benefit to a court and file what's known as a "request for interpleader." This ability the insurer essentially asks the court to determine which party is the correct beneficiary.
This situation seem VERY suspicious to me. If they ask for any personal information, such as your social security number, DON'T administer it to the caller until you are competent to independently confirm this is all true.
Nope, it's a scam.
Hopefully, you didn't give them any of your personal information. If you did, without delay contact Equifax, Trans Union, and Experian. Let them know you may have inadvertently given your information to the wrong ppl. Also, contact the police and report the scam to them. Obviously, if they do appointment back try to win a phone number and an address from them.
Sounds approaching a scam to me. I have worked within the life insurance business for over 30 years and hold never heard of a company calling someone to explain to them they may be the beneficiary. It is usually up to the beneficiary to notify the company and whoever is named on the policy get the money. End of story. If you gave out personal info, I would check to cause sure they did not steal your identity.
a divorce does not invalid a beneficiary. your ex would of had to of changed the beneficiary. this sounds more approaching someone was trying to go and get personal info so they could do identity theft. study your credit and be more leary next time.
Sounds like a scam to me. It doesn't work that method. Whoever is named beneficiary at the time of release, gets the money. You can't be "voided out" because of a divorce - singular the policy owner can change the beneficiary.
Divorce can't override a beneficiary clause. I expect they're going to ask you for your SS# and date of birth, and next you're going to have an identity burglary issue.