was he receiving payments from this every month, quarter, etc? if so, it sounds like he may have an annuity of some sort. you may want to check his bank records to verify this. if he was making payments, then more than likely it would have been a life insurance policy. you can call the insurance company to verify if the policy was active when he passed - they should be able to tell you at least that without verification. also, if you are listed as his executor/administrator, you can provide the company with legal documentation to verify that. once they can verify that you are authorized to receive the information then they should be able to tell you how the distributions were paid out on the policy.
by Carrie - 7 hours ago
Hard to say - the company knows what the polciy amount is for, so you'll have to ask them. If this is a whole life policy, or variant thereof, AND he borrowed money against it, you would get the face value of the policy less the borrowed amount.
by mbrcatz - 7 hours ago
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