My sister recently passed away and had a small life insurance policy. Her sister, nieces and nephews were listed on the policy as beneficiaries along with a stranger that she has known for 3 years. This stranger gets most of the proceeds. The family filed out and sent in all the claim forms. This stranger said she was going to take her time.
Can she hold up money? Does the insurance company wait to receive all the claim forms? What if one person waits 6 months, 2 years, 5 years to sent their claim form in.