Can Credit Card Companies Go After Life Insurance?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    Credit card companies can go after life insurance proceeds if the person who passed, who is also the person with credit card debt, named their estate as beneficiary of their policy. If the insured person named an individual as beneficiary, the credit card company cannot go after that person unless they also shared in the debt along with the insured.
    Answered on June 17, 2013
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