Can the Nursing home take Life Ins.

0 answers | Last updated: Sep 09, 2016
Polly's friend asked...

My friend has been put in the nursing home and they are wanting all of her life policies that she is owner and beneficiary of. She has 3 policies on her spouse, one on herself , one on her son one on her daughter and one each on two grandchildren. She is owner and beneficiary on all. The NH wants them. They say we cannot change the ownership nor the beneficiary. Some of them are uninsurable now. Is there any thing we can do???

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