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If The Deceased Was Killed, Does The Heirs Still Get The Life Insurance?

Posted July 17, 2009 – 10:30 am in: structured settlements FAQ

And no i don’t think the heirs killed him for the man might have been in debt and the life insurance might end up paying that. I’m not involved but am curious. It was a tragedy.

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4 Comments

  1. Hadley
    Posted July 17, 2009 at 10:30 am | Permalink

    Yes.
    The beneficiary would receive the life insurance proceeds, usaully free from any federal income tax.
    As long as it was determined the beneficiary was in no way involved in the murder of the insured person, the beneficiary should receive the pay out from the life insurance policy.

  2. Posted July 17, 2009 at 10:30 am | Permalink

    Well, to be exact, the beneficiary will receive the life insurance benefit from the deceased. Sorry to hear this tragedy and hopefully this tragedy is not cause by his or her family. Hope this helps!
    Nancy L

  3. debk
    Posted July 17, 2009 at 10:30 am | Permalink

    Yes

  4. mbrcatz
    Posted July 17, 2009 at 10:30 am | Permalink

    No, the beneficiary gets the money, as long as they are cleared of the murder.

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