Question
New York
A What exactly happens when a life insurance policey becomes demutualized? what happens to the benificiary?
My Mother had J.H. $10,000.00 life policies that were paid up in 1960 what would have been the worth of one when JHan**** demutualized?
I don't know if you remember me, I had asked advice about financial exploitaion that my sister did on my mother prior to death, I'm still putting it togther in building a strong enough case for the DA.
Anyway any light you can shed on the above dilema I have will be much appreciated. Thank you
Answer
New York State
What exactly happens to a life insurance policey when it demutualizes? Please explain step by step if possible.
What if there was a benifiary to the policey?
Thank you
Answer
NEW YORK STATE
WOULD YOU PLEASE EXPALIN STEP BY STEP WHAT HAPPENS TO A LIFE INSURANCE POLICEY WHEN IT IS DEMUTUALIZED?
WHAT BECOMES OF THE BENIFICIARY
Answer
I Did...three Times