My father (who is now deceased)had a life insurance policy which he stopped paying on in 1957,at that time the insurance company purchased a paid up policy which he did not know about. Recently I submit a claim for missing money in my fathers name and received this information, I call the listed company and was told that all monies were sent to the state. It was my understand that the face value of the policy was still collectable, and that since the company did not know whether my father was dead or live would the total amount have been sumitted by the insurance company or just some dividend? My father if alive would have been 100 in 2007.
