I'm wondering if the government has the authority to seize life insurance funds that are meant for a beneficiary. Could they potentially take away this money?
6 answers
Sebastiano
Mon Oct 28 2024
If the beneficiaries are alive and capable of filing a claim for the death benefit, they are usually entitled to receive the full payout.
Gianluca
Mon Oct 28 2024
Medicaid, which is a government-funded health insurance program for low-income individuals, typically does not have the authority to interfere with these funds.
CryptoAce
Mon Oct 28 2024
The question regarding whether Medicaid can seize life insurance payouts from beneficiaries arises frequently.
Stefano
Mon Oct 28 2024
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Tommaso
Mon Oct 28 2024
Generally speaking, Medicaid's reach does not extend to life insurance benefits once the policyholder has passed away.