Question

44. A husband bought a life insurance policy for his wife for 20 years. After 10 years he divorced his wife. Who will have the right to receive the maturity amount if both husband and wife claim the maturity amount?​

Answer 1

Answer:

Explanation:

Life insurance cash value is an asset, and can be considered a marital asset during divorce proceedings. It's important to understand your life insurance coverage and options before getting divorced to ensure you have the right protection in place after your divorce.