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Infolawyer
Infolawyer, Attorney
Category: Estate Law
Satisfied Customers: 54265
Experience:  Licensed attorney helping individuals and businesses.
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If a insurance policy of 10years is being paid by the

Customer Question

If a insurance policy of 10years is being paid by the grandmother, can the insured sell that policy. Three underage children were on it, also would' the insurance company been responsible to notify Pryor. Thank you
Submitted: 1 year ago.
Category: Estate Law
Expert:  Infolawyer replied 1 year ago.

the policy can be sold by the party that bought it. This needs to be checked with the insurer and policy, which may have conditions on transfer of policy, but generally allowed. Notice would go to any and all interested parties.

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