3 ms·

Here's a scenario I've always been curious about. One day, a person decides to just walk away. Not fake their own death, per se, but just says that they're goin

Here's a scenario I've always been curious about. One day, a person decides to just walk away. Not fake their own death, per se, but just says that they're going hiking and disappears. Years go by, the family genuinely thinks the person is dead, they collect life insurance money and spend it on various things, as you do. Years later, the person shows back up alive. The family didn't do anything wrong, they genuinely thought the person was dead. The "missing" person didn't really break any laws, just ran away from their family for a few years. Can the insurance company try to recoup the money from anyone? If so, who and how does that work?

DoreenMichele 7y ago
If it has been long enough, statute of limitations may apply. It would depend on a great many factors though.
keeperofdakeys 7y ago
"... but won’t in insurance fraud. “You have to have an actual body to collect on insurance,” says Ahearn. “And it has to be the body of the insured. Ashes are not a body.”" It sounds like you can't just get insurance money for a missing person.
- technofiend 7y ago
  Twenty years ago the industry was suffering an onslaught of fraud. People would claim a person had died and was disposed of via cremation or there was no body at all, etc. I am no expert and the fellow quoted is clearly engaging in a bit of hyperbole, but one has to assume the bar is much higher than it used to be. https://www.nytimes.com/1997/07/01/business/fake-deaths-abroad-are-a-growing-problem-for-insurers.html https://www.nytimes.com/1997/07/01/business/fake-deaths-abro...