beneficiary of life insurance

November 5th, 2013 by Questions

What happens if I’m a beneficiary of my spouse life insurance and I’m bankrupt at the moment?

Posted from: British Columbia


One Response to “beneficiary of life insurance”

, A licensed trustee said:

Nothing, unless your spouse dies during your bankruptcy. If that happens the insurance benefits would be paid to your trustee for the benefit of your creditors, instead of being paid to you.

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