If i was named the only beneficiary in my significant others life insurance would i have to split it with the?
Posted on Jun 01, 2008 under Insurance Information |wife of only 1 month, he past away on his honey-moon,we talked befor the wedding and he said he was keeping me on the insurance and not putting her on any thing, I was mailed a check i have not cashed, because i found out that she received half of it, she told me i should of thanked her for my half, she didnt have to give it to me, I was very upset, she was not named on nothing,This is a teamster life insurance would that make a differance?please help….
June 1st, 2008 at 4:08 am
Heirs? No.
June 1st, 2008 at 4:08 am
Looks like the end of your question cut off, but you wouldn't have to split it with anyone if you were named the only beneficiary
June 1st, 2008 at 4:08 am
Well god, always good to plan ahead i guesss…..NOT!! what a horrible person?! most people dont ever want to get the damn life insurance…mebe its inevitable from ur parents but from ur "signifacnt other" christ he must not be so Significant to you is he? jesus christ. " Honey does this mean ill have to split it ? Hell no! i better be the only beneficiary! i mean i aint offing you for half! i mean…errr" i mean christ what a horrible thing to ask…even on the internet…
June 1st, 2008 at 4:08 am
Yes, you do have to split the money even though you were named soul Ben. His wife could have taken you to court and gotten the whole policy Ben.and not given you a dime so be thankful for the portion you have received. when you marry whatever belongs to you spouse belongs to you. that includes insurance or depts. I am sorry for the lose of your friend. GOD BLESS.
June 1st, 2008 at 4:08 am
If you were the only named beneficiary then you are entitled to %100 percent of the benefit. The only way you wouldnt get all of it is if he changed the beneficiary or their is some other clause in the contract restricting benefits paid to ex-wives or whatever the situation is.
June 1st, 2008 at 4:08 am
was his life policy thru his employer? if so, you need to call his HR area. if you are the primary (and sole) beneficiary, you are entitled to 100%. if he named his wife as the contingent, she could only recieve if he died, then you died and then she's next.
you should collect 100%.
June 1st, 2008 at 4:08 am
The quick answer is you should have received the full amount. Potential problems arise if the policy was provided by an employer or union. Often, these policies will have a provision forbiding a married person to have a primary beneficiary other than their spouse without the spouse's written consent.
June 1st, 2008 at 4:08 am
You'd have to see the exact wording of the life insurance. Some life insurance policies (obtained at work), automatically revert to your wife when you marry. Contact the Teamsters.
Where I work, I can't name anyone as a primary beneficiary other than my wife on my life insurance.
November 18th, 2010 at 7:08 am
could certainly I have this completely free?
October 31st, 2011 at 1:02 am
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