Nevada  |  Insurance Law

Legal Question

Asked on: 7/13/12, 10:32 am

If an insurance agent wrote several policies (accident/life) with a specified beneficiary, and later the policy holder asked that the beneficiary was changed on all policies to a different specified beneficiary. The policy holder died and it was found that one policy was not changed and a claim was made by the original beneficiary for payment. Is the agent guilty of negligence for not getting all policies changed per the wishes of the now-deceased? Can legal recourse be taken against the agent or agent's company?

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