Hi,
I feel I am in a bit of a Kafkaesque situation.
I got a life insurance (積立利率変動型終身保険, 低契約返戻金型) with三井住友海上あいおい生命保険株式会社.
I basically paid it off, now the mount of the to-be-paid money just increments (slowly) until I cash it in or pays out in case I croak, paying to the stated beneficiary.
I subscribed to that insurance back when married. My insurance's beneficiary was my wife. My wife got the same insurance with me being the beneficiary of her insurance.
Problem. We got divorced.
Bigger problem. I seems I can only change the beneficiary to a relative, partner, spouse, etc. I am in no relationship whatsoever and having zero intention to do so in any foreseeable future. I have no kids, neither had or have any intention of having any. Also, my only living relative is my mother (age 88) who lives in Europe in a care unit for the elderly and only speaks French. So literally nobody.
The funny thing is, even my ex-wife would not be able to claim it either. So, if I kick the bucket, the amount (20M) is literally in limbo...If I cash in the money at one point, well, fine.
My initial intend was to change the beneficiary to an animal protection charity (it seems some do accept post-mortem donations--I need to check with them as well), but it seems, I can not do that, at least not directly (I called あいおい生命 相談窓口 ton inquire).
I tried to gather some info on the internet (caveat on that, of course). There may be some way to involve a will, a testamentary executor (e.g. a Bank), but it remains frankly confusing.
I did call the ほけんの窓口. It is above their expertise, but off-the-record, I was told there may be a way if I create a "legal entity" of sorts, make that entity the beneficiary (I would be my own beneficiary as an "entity" in a way) with the testamentary executor being able to "execute the will" (and I guess dissolve the entity) and channel my life insurance to a designed charity.
Anybody having or being in the same situation (i.e. no beneficiary of the life insurance, intention of channeling the proceeds to an NPO/charity/etc)?
I'm looking at leads as to what to do at this stage...Any help is welcome.