Everyone thinks they understand life insurance — until a murder, a denied claim, or an ex-spouse getting paid proves they don't.

In this episode of Without the Bank, Mary Jo Irmen breaks down how life insurance works using a viral true-crime story about business partners, murder allegations, and a life insurance policy payout. If you own a business, have partners, or have family relying on your life insurance benefits , this is must-watch.

Mary Jo covers:

• Can a business partner have 67 life insurance on you? Insurable interest, key-man policies, and buy-sell agreements explained
• Who investigates murder claims — police vs. insurance company — and why autopsies delay payouts for 6+ months
• Owner vs. insured: who controls the policy, changes beneficiaries, and gets information
• Contingent owner and contingent beneficiary mistakes that send money to estate court
• Why lying on underwriting (drugs, health history, MIB records) gets claims denied + premium refunded
• Term vs whole life insurance and what happens when term expires
• Divorce trap: why your ex still gets paid if you don't update beneficiaries
• Electronic signatures, forgery, and how to protect beneficiary changes

Buy the book: https://www.WithoutTheBank.com/Book
Email Mary Jo: MaryJo@WithoutTheBank.com

Audio Production by Podsworth Media - https://podsworth.com