I pay the policy but my sister is my mothers beneficiary
Does my sister get the insurance policy that I carry on my mom when she passes?
16470 POINTSview profileDavid OsgoodAgent, Rural Mutual Insurance Co., Union Grove, WIIf you are talking about a life insurance policy that you are carrying on your mother; the policy would typically pay the named beneficiary on the policy and the policy would no longer be active. To have your question answered more fully either contact the carrier of the policy in question or your local agent.Answered on September 29, 2013flag this answer.JPG)
63333 POINTSview profilePeggy MaceMost of the U.S.Yes, since your sister is the beneficiary of the policy, she will get the proceeds from your mother's life insurance policy, even though you pay the premium. You may be the owner of the policy without knowing it; if so, you can change the beneficiary to yourself. If you mother owns the policy, you could talk to her about changing the beneficiary to you. Whoever owns the policy is the one who can make that change.Answered on September 29, 2013flag this answer
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