My grandma has a Life Insurance policy that she started around 1983 with Horne’s (now Macy’s) until 2003 when she retired.
The names Beneficiaries were my dad and grandfather (her husband). Both are now deceased. My grandmother survived both of them until Jan 2019.
In the state of Pennsylvania, there is a specific Intestate Succession that dictates grandchildren come before Siblings in inheritance.
I filled out beneficiary paperwork and submitted to MetLife, and spoke with MetLife several times by phone.
I was told by MetLife that in the case of pre-deceased Beneficiaries MetLife applies Federal inheritance law, thus Siblings come before: Will statements or Intestate Succession.
We have an Estate open as well as an original Will. The only mentioned of any Sibling inheritance was only for a sister I really know of that is also now deceased.
I told MetLife I cannot legally confirm if my grandma has other siblings although there is a lady that started coming around when my grandma became ill that said she was her sister.
I am concerned some unwelcome Siblings or “sister” are going to inherit this Life Insurance totally undeserving because of MetLife whack policy. And my grandma is not here to defend herself, so I am doing all I can.
Is there anything MetLife is doing that is not kosher?
Do I have any rights in state law that can override their “Federal” rules.
Any other tactics or thoughts that I can look at to help remedy this?
I am calling their records dept on Monday to request documents that provide my grandmas signature stating the PA Succession is overridden and she agreed to that when the policy was opened. Not sure if they will provide.