Life Insurance Benefits Denied to Policy Beneficiary

In December 2004, Laci Peterson of Modesto, California disappeared from her home. Laci's husband, Scott Peterson, would later be convicted of killing her and her unborn son. The case turned out to be one of the most highly publicized cases in California history. A panel of three judges in California recently ruled that Laci's mother is entitled to receive the death benefit proceeds from Laci's life insurance policy. Scott Peterson was named the primary beneficiary of the policy. However, he lost his rights to receive the death benefits because of his conviction. Life insurance policies typically pay the death benefit proceeds according to the beneficiary structure of the policy. There are occasions where the benefits are not paid as directed by the policy. One example is if all beneficiari