sunshine27
New member
Hey everyone! Long story short, my best friend’s mom just found her mom’s (my friends grandma’s) life insurance documents from back in 2005 or something. She passed in 2013 I believe and my best friend was her care taker for some time before her passing away. Naturally, my friend is a beneficiary and is to have been given a hefty chunk of money from the policy but since they have just now found this paperwork (nobody knew the grandmother had a policy and the insurers most def didn’t reach out after her death to let any of the family know), they are saying it’s been too long to collect the money. Is this true? I did a quick google search that said there isn’t a time frame where you have to reach out and ask for the money and it also said they usually try to reach out to the beneficiaries by any means necessary so they can just pay out as it accrues interest or something? I have no idea how any of this works and neither does she. She’s in the process of saving for a house and this was a sudden blessing that quickly turned into disappointment.