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re: Advice on American General Life & Accident Insurance Company

Posted on 8/27/12 at 10:47 am to
Posted by dneverever
Baton Rouge
Member since Jul 2006
80 posts
Posted on 8/27/12 at 10:47 am to
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.
Posted by iknowmorethanyou
Paydirt
Member since Jul 2007
6552 posts
Posted on 8/27/12 at 11:45 am to
I personally have not seen any policies that mature at age 95, but that's not to say that those type contracts don't exist.

It seems as though the lines of communication are open between you and the Company. I would feel confident furnishing them with the information they've requested if I were in your position.

All of this seems 100% legit to me.
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