Question

Montgomery was covered under a group life insurance policy and his ex-wife was the beneficiary. When he remarried, Michael designated his new wife, Cynthia, as the beneficiary, and she mailed the form to Aetna. When Michael died, Cynthia Claimed the benefits, but Aetna denied the claim, stating it did not have the change of beneficiary form in its files. cynthia argued that when she mailed the form a presumption was raised that Aetna had received the form. Is she correct? Please explain.

Answer 1

According to me she is not correct as because she dont have beneficiary certification form, As beneficiary certification form is compulsary to submit to the Aetna to claim for the isurance plan. she dont have that certificate . so that she is wrong.