Frank purchases a $100,000 life insurance policy from mutual of omaha insurance co. The insured party is frank’s wife cheryl. Frank lists cheryl’s daughter katy as the beneficiary on the policy. Two years later, cheryl dies, and katy tries to collect on the insurance policy. Mutual of omaha refuses to pay. Can katy sue mutual of omaha to enforce the contract?.

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25-03-2022
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Frank purchases a $100,000 life insurance policy from mutual of omaha insurance co. The insured party is frank’s wife cheryl. Frank lists cheryl’s daughter katy as the beneficiary on the policy. Two years later, cheryl dies, and katy tries to collect on the insurance policy. Mutual of omaha refuses to pay. Can katy sue mutual of omaha to enforce the contract?.

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Parrain Parrain · Answer 1 · 2022-04-07T10:28:50+02:00

As regards to if Katy can sue Mutual of Omaha to enforce the contract, the answer is that she can sue Mutual of Omaha because she is a donee beneficiary.

Can Katy sue?

Katy is listed as a beneficiary even though she is not the one that was insured.

This means that she can still claim the life insurance payout and if Mutual of Omaha refuses to pay up, they would be in breach of contract and can therefore be sued.

Find out more on insurance law at https://brainly.com/question/4636377.