Is the beneficiary of a life insurance contradict with a power of attorney, supposedly it's the same person?
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I was named a main beneficiary on my mom life insurance many years ago. She recently in a comma due to cancer, and I was appointed as her power of attorney. According to a clause in the Power of Attorney: "my Agent cannot designate himself or herself a beneficiary of any such insurance contracts", is this means that I’m no longer a beneficiary on her life insurance? And do I have the power to add or delete any existed beneficiary including myself?
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Tags: beneficiary, cancer, comma, insurance, insurance contracts, life insurance, mom, power of attorney
May 15th, 2010 at 8:28 pm
That is discrimination, of course there are rules to every exception. I have actually been through this before but i would talk to a lawyer about it just in case because it is not fair.
May 17th, 2010 at 12:35 pm
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Being exposed to asbestos occurs in many geographical areas and can often take years for the effects of exposure. People may not show any symptoms for years after the exposure. If you or a family member is diagnosed with mesothelioma and you live in California, near Los Angeles, then it will be vita …
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May 23rd, 2010 at 10:55 pm
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June 5th, 2010 at 11:52 pm
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June 6th, 2010 at 12:53 am
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June 8th, 2010 at 5:57 am
Yes he still gets paid even if it out of your pocket. Here’s a case of if the loan officer didn’t get the house inspected he could not give you the loan. He had to submit paperwork of all kinds before he could approve a home loan and the home inspection is one of them.
June 8th, 2010 at 10:46 pm
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June 10th, 2010 at 1:17 am
Very nice but you’ve waited too long to realize "common sense" was dead . It died at the turn of the century … the 19th century . I never got to know "common sense" and I was born in 1951 . Maybe it was around but not in government .
June 10th, 2010 at 7:21 pm
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