life insurance

by mark
(Claremont ca. USA)

Can debt collectors go after the beneficiary of the life insurance policy?

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Oct 13, 2012
life insurance
by: Debtcollectionanswers.com

Mark:

I assume you are asking whether debt collectors can try to collect the debts of a deceased person by going after the beneficiary of the deceased's life insurance policy. The answer is no, with two exceptions.

The relatives of a deceased person are not legally obligated to pay the debt of a deceased person unless the they owed the debt jointly with that person or they co-signed for the debt. (This rule also applies to the friends of a deceased person.) Even so, debt collectors as well as creditors often put pressure on a deceased person's relatives to pay his/her outstanding debts. Here is some additional information on the subject, deceased person’s debt FAQ.

If a debt collector contacts you to demand that you pay the debts of the person who named you the beneficiary of his/her life insurance, call this toll free hotline, 855-206-5310, to speak with an attorney in your area who can advise you about what to.

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