I didnt explain it right. I'm the insured-my dad wouldve collected if I died, but he died first, so his estate owns the policy,
That explains the need for the executors to sign.
but now it goes to me
Keep in mind that the insurance company is likely to make the check out to the estate. Once that happens it could be divided amongst all heirs depending on the terms of the will or the laws of intestacy.
[The insurance] company first said they only needed one executor, then they said two, when I sent them both, then they said both executors had to sign same paper on same day. Ridiculous.
Might not be ridiculous.
"Co-executors" have to sign stuff together. My sister and brother were co-executors of my mother's estate and had to do that.
Dont know why he tells me policy value is going down unless theyre deducting premiums.
It's possible that premiums are being paid out of the accumulated cash value of the policy for the time being but they should be refunded back to the date of death once the insurance company documents the claim.
If you think that the insurance company is not doing what it's supposed to then call the state insurance department for guidance and possibly file a written complaint if appropriate.