Dad died grandmother says life insurance was drained by funeral costs?

Question

my father died. I am his only kid Im 27. my grandmother took a life insurance policy out on my father. I was never told the details. The arrangements was no funeral parlor 2 days after he died we went to the family church and had mass then went straight to the cemetery. I am unsure of how to find out if I was lied to. or if my grandmother was the one to end up with what ever the life insurance paid off. I have heard that she may have been the primary beneficiary as long as she survived his dying. and I would then be the secondary, only being beneficiary if my grandmother was deceased when he died. can someone put this in perspective for me please?

Answer 1

Best Answer - Chosen by Asker

Since your grandmother took the policy out on your father and probably made the monthly payments she is the beneficiary. If you are really concerned about it you can tell her that. You could also take a life insurance policy on her. I'm sure she will leave you whatever money she has left. I hope it works out for you. Sorry about you dad.

Asker's Rating:

Asker's Comment:

the answer rang true to me. I felt the answerer was very understanding but firm. I also felt they were very nice for saying sorry bout my dad even though they dont know me personally

Answer 2

Since your grandmother took out the policy, paid it and was beneficiary then the money would be hers anyway.

Answer 3

im pretty sure that no matter who set up the life insurance that your would still be the primary beneficiary because you are his only kid! but im not sure my dad died too and the same stuff happened to me im sorry!

Answer 4

I agree with the previous poster. Your Grandma was obviously listed as the primary benifeciary. Also, even if your Grandma didn't have to pay for a funeral parlor she still would have had to pay for a casket, flowers, tombstone, etc. Those things get very expensive. Some churches do also request a donation to help with costs associated with running a church.