Missing Beneficiary Indemnity policy?
This is something we would always recommend, although we do not supply this service ourselves. This type of policy provides cover for beneficiaries of estates should another successful claim be made. Without it, money a person has received from an estate would need to be re-calculated to include any new claim.
Related Questions
- I want to set up a life insurance policy, name Williams College as beneficiary, but retain ownership of the policy. Can I deduct the premium payments I make?
- I want to set up a life insurance policy, name PHLF as beneficiary, but retain ownership of the policy. Can I deduct the premium payments I make?
- What is a Missing Beneficiary Indemnity Policy, and what are the costs?