answersLogoWhite

0


Best Answer

An accusation (for example, an indictment) will most certainly give a life insurer cause to investigate the death of an insured. However, the insurer is unlikely to fully deny the possibility of paying the accused until the resolution of formal charges. If the beneficiary is adjudicated guilty of the murder, it is likely that the insurer will refuse payment. The public policy reason behind this is that beneficiary should not be allowed to benefit from his/her own criminal act.

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Can a beneficiary collect life insurance benefits if they are accused of murder?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Can your beneficiary collect life-insurance benefits after your suicide in South Carolina?

No


Can your beneficiary collect life insurance benefits even there is an outstanding billing in the hospital?

The beneficiary is the only one that can collect benefits unless otherwise specified in the policy such as a rider.


Can a beneficiary collect life insurance benefits after a suicide in NJ?

If the insurance policy is older than two years of contestability period, then a benefit will be paid to the beneficiary.


Can your beneficiary collect life-insurance benefits after your suicide in massachusetts?

No, suicide is an exclusion where a death benefit is concerned.


If ex husband dies never changing beneficiary does wife still receive the life insurance benefits?

Whoever is the named beneficiary on the policy will collect the death benefit.


Who is eligible to collect life insurance?

The person who is eligible to collect life insurance is the beneficiary. Anybody can be named the beneficiary. There are steps that need to be taken before a person can collect.


Your sister died and you are trying to collect her insurance benefits her husband was named beneficiary but he died two years ago. what do we do?

Her estate will be the beneficiary of the life insurance. You will have to show the Letter of Authorization from the court to the insurance company. They will issue the check to the estate.


Can your beneficiary collect benefits from your insurance policy if you commit suicide?

Your beneficiary can collect benefits from your insurance policy if you commit suicide if, 1. Your policy provisions for payout in the event of suicide. 2. Your waiting period has been satisfied if stipulated by your insurance carrier and policy. Read your policy carefully and contact your policy carrier for assistance and clarity as it relates to your policy.


Can your beneficiary collect life insurance benefits after your suicide in the state of ohio?

No. I don't think suicide is not covered by any insurance policy in any state/country. Suicide is willful and intentional killing of oneself and no insurance company will cover it. So, your beneficiary will not get even a single penny if you commit suicide.


Can your beneficiary collect life insurance benefits after your suicide in Virginia?

Generally no life insurer entertains payment against suicidal death.Hope, this will clear any ambiguity in this regard.


Can you collect life insurance benefits after a suicide?

If you are the beneficiary of a life insured person who committed suicide, and the policy was older that two years (depending on what company and state), then yes.


Does Iowa allow ex wife to collect life insurance if they are the beneficiary and the dead spouse had remarried?

Life insurance is usually governed by beneficiary information on the policy. In other words, whoever the beneficiary is on the policy will the one to collect. You may want to consult a local lawyer to confirm this.