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re: Advice on American General Life & Accident Insurance Company
Posted on 8/27/12 at 10:35 am to dneverever
Posted on 8/27/12 at 10:35 am to dneverever
Company is legit. Have your dad call, let them know both insured and beneficiary are deceased. Since your dad has POA, they should speak to him once they verify info. They likely need a certified DC for both of your grandparents, before they can process the claim. Was a contingent beneficiary named?
Posted on 8/27/12 at 10:47 am to iknowmorethanyou
Well my grandparents had two children during the marriage, both of them boys. My dad died of cancer in 1999 and my uncle died 2 weeks before by grandfather passed away (Grandfather outlived his direct family unit). So the heirs of my grandfather were the grand-kids. Three (including me) on my father side and 7 on my uncle side. So if a contingent beneficiary was named, it would probably be irrelevant.
It makes me wonder if my grandfather signed up for this life insurance policy after he served during WW2. Do you know how long an average life insurance policy takes to mature. The insurance company was being vague about the information about the policy (I assume for security reasons). They told me to send the death certificate and succession first and they would send me information about the policy within a 5-7 business days. I just wanted to be safe before I send this information to a company I never heard of before.
It makes me wonder if my grandfather signed up for this life insurance policy after he served during WW2. Do you know how long an average life insurance policy takes to mature. The insurance company was being vague about the information about the policy (I assume for security reasons). They told me to send the death certificate and succession first and they would send me information about the policy within a 5-7 business days. I just wanted to be safe before I send this information to a company I never heard of before.
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