Monday, September 9, 2013

What Happens to Frequent Flier Miles and Other Rewards? It Depends!

Air and Space Museum, Washington, D.C. 2013 -- M. Gustafson Gervasi

Lawyers are known for giving the dreaded answer of "it depends" when asked a question.  But it is true, unsatisfying, but true.  Case in point -- the a ability to leave frequent flier miles and other loyalty perks to family and friends upon your death depends on the service agreement you have with the company.  Sure, your will may say "I leave my Delta Frequent Flier miles to my spouse", but the will does not control distribution.  It's the service agreement with the company, and according to recent news, Delta is one of 5 major airlines that prohibits passing frequent flier miles at death.  Other airlines, as well as companies with loyalty perks, may allow limited transfers to a spouse or domestic partner.  In the end, it really depends on the agreement with the company.

In the end, read your agreement.  If you do not like the terms, seek out another company.  But watch for updates and changes to the service agreement terms.  In a tight economy companies are seeking out savings in every nook and cranny of the business operation.  And those points you've earned may vanish upon your passing.

Thanks for reading, and remember -- a blog is not a lawyer nor should it be taken as legal advice.  Please seek counsel from an attorney licensed in your state for advice specific to your situation.

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