Question about Surrendering a Bankers Life FEX Policy

[Typical Agent]

I have a client who had a policy with Banker's Life that I replaced a month or two ago, but she said that when she signed the surrender form and sent it in, they also asked for her son to sign something and send it in.

Is this typical? Her son is the beneficiary on the policy, so I'm not sure why he'd need to sign it. I've set up a time later on this week to call in with her and ask for clarification, but I'm clueless on why they'd need something from the beneficiary.

Any ideas? Was the original application with Bankers filled out wrong?

 

[Todd King]

They only need that if he is the owner. Other than that, it's their way of trying to get someone involved that "might" stop her from surrendering. That's my guess. I also guess that there are many different shades of a shady company!