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Thank You. Finnally. Confusing and Long winded.
"Why was the policy not paid out when your sister died"
I do not know why this policy didn't pay when my sister died. Or, why wasn't my dad paid before he died?
I keep thinking I'm missing something, as to why it's beautiful to buy a life insurance on a grandchild, with the parent as beneficiary; it just seems weird.
My wording in the original post is poor to say the least. As for beautiful, my grandpa loved his son and grand daughter so much he insured his son's daughter leaving the policy to his son. (time machine parts)
"What spurred the insurance company to move, at this point?"
The letter addressed to me started, "Dear Mrs. Lawrence." It came from an unclaimed asset company.
"How have they determined that you should be the beneficiary, rather than you mother? Perhaps by the terms of your fathers will?"
They spoke to my mom of course I knew she would be the primary owner. Mom told me that her and her children are owners. My sister's son is not. Me, My live sister and my mom are splitting the policy. (I'm hoping nephew and insurance company worked out a settlement) Not of my doing. It's cruel. Very cruel.
Then, there's this lump sum payment, and your stated enthusiasm for gambling... careful. And, I'd consider working part-time, too, if I already had, or soon would have, a house fully paid for."
The lump sum was the cash grandpa paid for the insurance. It's been gaining dividends and interest for maybe 51 years.
Anyway, congrats, and good luck.
Thanks again, I've been working out the best wording for this story. I win more than I lose. 98 wins 33 loses. I've done the math. I will be careful.
Who gets the money? As you may have noticed, I am skeptical that the policy exists in the 1st place. There was info I didn't have, and with my name clearly available, ancestry search will print out 200 years of family history in America. According to mom, her mom was a traditional Cherokee Indian with tribal name and such.
Also, who is Mrs. Lawrence. Tony is the little boy who lives in my mouth, I know that. And, maybe 2 years ago I got this offer in the mail. The offer was a negotiable check from the same insurance company. When I tried to deposit the check in the bank, the bank ran around looking for info and came back with a 3rd party creating the deal to collect a fee. Even if I had paid the fee, the account the check was written did not exist.
Why would a third go through all this trouble to see that my dad or his surviving family get paid from an old policy, or a non policy.
INS co. State Farm
Asset co. Unclaimed Assets, KS.
I may have to see this as a true story. My well to do grandparents pay cash for an insurance policy on their grandchildren leaving their children and benefitiary.
Have a great day!
William
Got A Letter About The Future Nov 03, 22:54
Interesting, but a bit puzzling... Nov 04, 06:08
Thank You. Finnally. Confusing and Long winded. Nov 04, 08:55
I reckon there's a David Lynch movie in here somewhere. Nov 04, 19:26
I went looking for my dad's mom Nov 04, 16:03
