AboutWillard R. Brumbaugh, LUTCF, CSFP Expertise I can handle questions concerning life insurance, it`s tax implications, how to determine what is appropriate, and how it fits in one`s estate and retirement planning.
Experience For 2 1/2 years I was an expert on AskMe.com, where for most of that time I was ranked #1. I have been a moderator (instructor) for the Life Underwriters Training Council. I have been licensed since 1969.
Organizations I belong to: National Association of Insurance and Financial Advisors - California
and the Inland Empire Estate Planning Council.
I hold the professional designation of Life Underwriters Training Council Fellow.
Question My aunt's boyfriend of 10 years is named as her beneficiary. The insurance company, American Income Life, stated they need a letter requesting an "Executor for the Estate" papers to complete their medical records request. I'm not sure what that means or how to go about helping him get that started. Any suggestions would be greatly appreciated.
Answer Dear Rita,
This is the first time I have seen such a request, and I am in my 41st year in the business. Am I to understand that your aunt has passed away?
If so, it appears that AIL wants to be able to determine the cause of death. And since the beneficiary is not a family member, and you are, it is seeking your authorization to receive information. This may be necessary, in their opinion, due to the burdensome nature of privacy laws that are now in place.
A lawyer or paralegal may have such a form, however, I believe that a letter from you as the executor giving them permission to receive her medical information will suffice.
This information is important, since AIL puts heavy emphasis on Accidental Death features in the selling of their policies, and they desire to do their job according to contract.
Willard R. Brumbaugh, LUTCF
www.willardbrumbaugh.com
