I was half beneficiary to my mothers $50,000 life insurance but the Company paid it all to the other Beneficiary.

Full Question:

I was half beneficiary to my mothers $50,000 life insurance she passed away 2years ago they paid it all to my daughter which was the other half she got it all I've been 2 yrs trying to get them to tell me they made a mistake finally they told me I should have got half should I have to wait till they collect it back from her to get my part their mistake not mine. My daughter is going to be upset I'm worried this has. Amuse me so much stress and can I sue for you mental health?
04/02/2017   |   Category: Insurance ยป Life Insurance   |   State: Kentucky   |   #34997

Answer:

The Company is obligated to pay you even though they paid it all to the other beneficiary. It is up to the insurance company to get anything back from the other beneficiary. You should notify the Company that has now admitted that it owes you that they should remit what is owes to you plus interest within a certain period of time and if not you will seek legal assistance.