(Closed) WTH just happened NWR

posted 7 years ago in Family
Post # 3
5921 posts
Bee Keeper
  • Wedding: December 2010

@MsPanda: Is your dad still alive? I am assuming so.  If he is, it doesn’t really mean anything until after he dies. It just means that his policy will be paid out to you after his death.

Post # 4
7293 posts
Busy Beekeeper
  • Wedding: October 2011

It sounds like he has a life insurance policy and he needs to leave it to someone….so he chose you and your sister. I’m not an expert but if you don’t want the money or whatever there is probably a way out.

Perhaps your dad is in poor health or at a point in his life where he is restructuring things?

Post # 5
14495 posts
Honey Beekeeper
  • Wedding: June 2011

Alot of people preprepare for those kinds of things.  Darling Husband and I have already done all those things for ourselves and we are both healthy.  I wouldn’t read to much into it, he may be legitimately trying to take care of you if something were to happen to him.

Post # 6
5118 posts
Bee Keeper
  • Wedding: November 1999

@MsPanda: PPs are right (from what I know). You should be able to just recieve the insurance (which I’m not sure if that means you assume the responsibility of making sure the burial costs are covered). You can also decline, from what I’ve heard.

I don’t speak to my father either…haven’t really thought of how to go about these things either (like turning down being in charge of his funeral as NOK). Hmm. Well I hope that things get cleared up for you. If anything, talk it over with your Fiance, your sister/mom to see what they’ve heard, and maybe ask the ins. co. what your responsibilities are upon disbursement and the options you have for declining.

Post # 8
6248 posts
Bee Keeper
  • Wedding: August 1900

Assuming he isn’t sick then he’s probably just being prepared. 

ETA: Just read your response above.  Sounds a little odd…

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