Insurance proceeds

Posted in Life Insurance Rules over 3 years ago, 2 replies

I live in Canada. If a person dies without a will and no estate but has left a life insurance policy through his work do creditors have a right to the proceeds, i.e. Revenue Canada?

submitted by Janice in Winnipeg, Manitoba

insurance policies are protected from creditors.

submitted by A Fitzgerald in Toronto, On. @ July 09, 2008 - 05:15 PM

Youre a real deep tihnekr. Thanks for sharing.

submitted by Bobbe in Bobbe @ June 22, 2011 - 01:28 AM

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