While it is not impossible to forge someone’s signature on a life insurance policy, it is highly illegal and there are safeguards in place to catch such instances. 

This article will explain what forged signatures are, the circumstances under which you can legally take life insurance out on someone else, and what to do if the life insurance company is delaying payment or has denied your claim for death benefits due to an alleged forged signature.

If your claim was denied due to an alleged forged signature on a life insurance application or life insurance beneficiary designation change, call the experienced life insurance lawyers at Boonswang Law to discuss your case, free of charge.

Forged Signature Life Insurance Definition

A forged signature is one made by someone other than the presumptive signor but in their name, with an attempt to pass it off as theirs.

Purchasing a Life Insurance Policy on Someone by Forging Their Signature

Signing the insured’s name on an application for life insurance is insurance fraud and illegal. If you get away with it, which is unlikely, the policy will likely not pay out.

Changing Someone’s Life Insurance Beneficiary Designation by Forging Their Signature

Changing an insured’s beneficiary designation to yourself by forging their signature is also insurance fraud. This could subject you to fines and jail time, and you will have a beneficiary dispute to defend, which is costly.

Can You Get a Life Insurance Policy On Someone Else Without Them Knowing?

Simply put, insuring someone without their knowledge or consent is illegal. Insurance fraud is punishable with fines and imprisonment. If you try, chances are you will be caught.

Why You Shouldn’t Anyway

Aside from being illegal, it would be impractical to take out a life insurance policy with a forged signature because it probably won’t pay out in the end. 

Let’s say that you had all the necessary information on the person you wish to insure and were able to fill out the application and medical questionnaire. The life insurance company will likely flag that application for fraud for a number or reasons. 

First, most life insurance companies require that an applicant for life insurance submit to a medical exam. If they do not, they will require copies of the applicant’s medical records. It is very difficult to overcome that requirement if you are not the applicant themselves. 

Second, the life insurance company will also likely check to make sure the applicant lives where stated and works where stated. Either of these checks will alert either the life insurance company or the person you wish to insure of the fact that you are trying to take out a policy on them. 

Last, in the unlikely event you are able to overcome all these hurdles and you successfully take out life insurance on someone, the policy may not pay in the end. 

If the person you insured dies within the two-year contestability period, the life insurance company’s fraud department carefully inspects the application and medical questionnaire for errors and omissions. Should they find any, they will deny your claim. Even if they die after the contestability expires, you will need an original death certificate to file your claim for death benefits. How are you going to obtain that? 

When You Can Take a Life Insurance Policy Out On Someone Else

You can take out life insurance on someone if you have their consent and an “insurable interest” in them. What is an insurable interest in life insurance?

The exact definition of “insurable interest” varies state-to-state. That said, it is basically your interest in having the insured alive. You have an insurable interest in yourself and your immediate family members. if you rely on someone’s income for support, you have an insurable interest in them. You may have an insurable interest in the life of a friend who is taking care of your child, or a professional caretaker caring for your parents, or a business partner. You may also have an insurable interest in someone to whom you loaned money.

You must show the life insurance company that you have the consent of the insured and that you have an insurable interest in them. The insured will likely need to submit to a medical examination. Then, to get your application for life insurance on that person approved, you must satisfy any additional requests from the underwriting department.

Life Insurance Claim Denied Due to Suspected Forged Signature

A beneficiary’s claim for benefits will be denied or at least delayed if the life insurance company suspects that the insured’s signature has been forged. The life insurance company’s fraud department investigates and compares that signature with other known signatures of the insured. They may contact close friends and relatives to inquire about the signature. 

Proving a Signature Isn’t Forged

If your claim was denied because of an alleged forged signature on life insurance, you can fight back. Find other examples of the insured’s signature to show the life insurance company is one good way to do so.

How a Life Insurance Lawyer Helps

If your claim was denied due to an alleged forged signature, you have more problems than just not getting your payout. You can be criminally prosecuted if the life insurance company suspects you forged the insured’s signature. 

You need an experienced life insurance lawyer by your side to combat these allegations and show that the signature is genuine. Call today to discuss your case with us, free of charge. We take life insurance cases on contingency, which means we don’t get paid unless and until you do. Let us help you get paid and fight any allegation of life insurance fraud.