The policy is a term life that is a month and the most it will pay is 2000. in 18 years. It is for 0,000 and they are listed as the beneficiaries.The insurance company called our house and wanted the names of the children’s doctors. I asked what good what that do if they don’t have permission to get our records and they said they had my husband’s signature. He called and asked to see it and they told him no. He told them he never signed anything and they said they didn’t care. They had what they needed. He called his mother and she told him they signed it and they did it for the kids. He said they could have put amonth into the bank and come out with much more and it sounds like the only one that could really benefit is them if something happens to the kids.Both his parents are college graduates and own 3 businesses. It doesn’t make sense and they said there is nothing we can do ? What would you do?
Home | Insurance | Blog article: My inlaws took out a life insurance policy on my children and forged my husband's name.?
Barry auh2o 1:06 pm on March 15, 2010
Whatever intentions they had, they were wrong and they got caught.
I’d drop it, that is, unless you really want to have bad and bitter feeling in your family forever. Now if the ins co wants to pursue the matter, that’;s up to them.
Rick B 1:06 pm on March 15, 2010
File a police report for the forgery and contact the regulatory agency on the insurance company!
Then tell your inlaws that they will never see those kids again if they pull another stunt like that behind your back.
You could get your peditrician to send a statement saying they have high blood pressure and high cholestorol and that they are overweight!!
On the Radio Uh Oh 1:06 pm on March 15, 2010
Yeah… what the first person said.
Call the police and report your inlaws. Even if no criminal actions are taken (though hopefully they will be… do so if you can), I’d definitely sue their asses in a civil case (tell the police you plan on doing so and they’ll put the necessary info into the report and tell you what to do from there). Report the insurance company… they can’t accept forged signatures. If there’s reason to believe the signature is forged, then they need to take action… so definitely report them, to protect yourself, your children, and anyone else this may happen to (ie: make the insurance company accountable).
If for some reason you keep the policy (which given the seediness of the insurance company, I wouldn’t) definitely take your inlaws’ names off.
I’d also personally never speak to the inlaws again and wouldn’t let them anywhere near my children. Forging a name on a policy which would have them profiting in the event of your childrens’ death? Not cool… in fact, that’s really scary.
Don’t get your pediatrician to lie, though. That could get her/him in hot water if this all blows up.
EDIT: You might also want to hire a lawyer to write/send a letter to the insurance company, telling them how illegal what they’re doing is and threatening them with further action if they don’t take care of it. It will get them to respond faster, and it’s not that expensive (you can get a good attorney to do one for $100, give or take a little).
mbrcatz17 1:06 pm on March 15, 2010
I’d file charges against them. That was slimey and illegal. You call your state insurance department fraud unit, the local DA’s office, file a written complaint with the insurance company (your husband will have to sign it), and of course, don’t release the medical records for the kids.
LifeInsuranceAgent 1:06 pm on March 15, 2010
It is fraud since you are parents and in charge of minor children. The insurance company will rescind the contracts if you write a letter to them, and you can choose to go legal criminal route against your inlaws if you choose.