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Is this life insurance fraud?

My fianc took out a $500,000 life insurance policy when I became pregnant. He appointed me the sole recipient of the funds if (Heaven forbid) anything were to happen to him. He has no other living family besides his brother who, coincidentally, is my fianc's life insurance agent. His brother is a sleaze (neglected their sick elderly father for years, wrote himself checks for large amounts of money from his disabled father's checking account, etc.), but my fianc wanted to help him out by supporting his account base and need life insurance for himself to secure myself and the baby financially in the case of a crisis. He is otherwise estranged from him. When my fianc requested a copy of the insurance forms, we noticed that his brother had written in (in his own handwriting - obviously not my fianc's) himself as the contingent when no contingent was assigned in the original agreement. My fianc contacted his Supervisor, but is this insurance fraud? Will his brother lose his job? Do we have any legal standing? What he did was wrong. Any advice? Thanks.

   








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My fianc took out a $500,000 life insurance policy when I became pregnant. He appointed me the sole recipient of the funds if (Heaven forbid) anything were to happen to him. He has no other living family besides his brother who, coincidentally, is my fianc's life insurance agent. His brother is a sleaze (neglected their sick elderly father for years, wrote himself checks for large amounts of money from his disabled father's checking account, etc.), but my fianc wanted to help him out by supporting his account base and need life insurance for himself to secure myself and the baby financially in the case of a crisis. He is otherwise estranged from him. When my fianc requested a copy of the insurance forms, we noticed that his brother had written in (in his own handwriting - obviously not my fianc's) himself as the contingent when no contingent was assigned in the original agreement. My fianc contacted his Supervisor, but is this insurance fraud? Will his brother lose his job? Do we have any legal standing? What he did was wrong. Any advice? Thanks.


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Is this life insurance fraud?
My fianc took out a $500,000 life insurance policy when I became pregnant. He appointed me the sole recipient of the funds if (Heaven forbid) anything were to happen to him. He has no other living family besides his brother who, coincidentally, is my fianc's life insurance agent. His brother is a sleaze (neglected their sick elderly father for years, wrote himself checks for large amounts of money from his disabled father's checking account, etc.), but my fianc wanted to help him out by supporting his account base and need life insurance for himself to secure myself and the baby financially in the case of a crisis. He is otherwise estranged from him. When my fianc requested a copy of the insurance forms, we noticed that his brother had written in (in his own handwriting - obviously not my fianc's) himself as the contingent when no contingent was assigned in the original agreement. My fianc contacted his Supervisor, but is this insurance fraud? Will his brother lose his job? Do we have any legal standing? What he did was wrong. Any advice? Thanks.


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Is this life insurance fraud?
My fianc took out a $500,000 life insurance policy when I became pregnant. He appointed me the sole recipient of the funds if (Heaven forbid) anything were to happen to him. He has no other living family besides his brother who, coincidentally, is my fianc's life insurance agent. His brother is a sleaze (neglected their sick elderly father for years, wrote himself checks for large amounts of money from his disabled father's checking account, etc.), but my fianc wanted to help him out by supporting his account base and need life insurance for himself to secure myself and the baby financially in the case of a crisis. He is otherwise estranged from him. When my fianc requested a copy of the insurance forms, we noticed that his brother had written in (in his own handwriting - obviously not my fianc's) himself as the contingent when no contingent was assigned in the original agreement. My fianc contacted his Supervisor, but is this insurance fraud? Will his brother lose his job? Do we have any legal standing? What he did was wrong. Any advice? Thanks.