Policy Papers
Saturday, February 5th, 2011How to locate lost life ins policy?
Great grandmother just died, We do not know where his ins policy documents or even life are the company with its Everybody knows where to go from here, I searched all the sites and the claim statet Michigan they can not find anything. Thank you
Did grandma have a safe at his bank? This is the first place to look. Also check through his old records checks to see if she has already written a check for premium an insurance company. If you find this information in their check register, see if you can locate the number of police. Most insurance companies seem to have easier to find a policy that by its number by the name of the insured. Also, try calling Owner of Grandma's or agent's automobile insurance. In many cases, people tend to buy life insurance policies from the same political agents issue their own or in the automotive, that. (If the agent is not longer available, contact the home office of the company that issued the insurance policy or auto.) If Grandma had a credit card, try to call them. It is possible it could have a political life through their subsidiary credit card life insurance. Also, see if their bank is affiliated with an insurance broker (or agent). Many banks have affiliations and get these charges referral agency in writing - so check with the bank to see where they refer their clients to insurance. If you believe that Grandma allegedly bought such a policy several decades ago, it is possible that he bought one of the oldest insurance companies established. The names that come to mind are long established companies: Met Life (then called "Metropolitan"), New York Life, John Hancock Life, and Northwest Mutual. Again, have a policy number is important because the very old policies are sometimes maintained in a database separate policies issued more recently. You may be calling the insurance company the right but the person looking for the name of grandmother might not not look into the database very old policies. Make sure they look at ALL the databases. Also, look in the attic spaces, spaces on the ground, and feel behind the furniture for envelopes that are glued to the back of dressers, mirrors and other furniture. Many seniors are "Notorious" to hide insurance policies and cash hidden in places around the house, especially if born before the era Great Depression. I am a licensed insurance agent, and I can tell you that there are thousands of insurance companies and they are controlled at the state level, so there is no national register of policies I am aware. This can be frustrating for those looking to see if there's money to pay insurance. Keep in mind that Grandma can not have an active policy: the policy would have long expired premiums for missed or if it was cashed it was a treasury policy. If Grandma was in poor health for several years, it is possible that she could not get an insurance company to issue a policy. You can try to contact the Department of State insurance in your state. Just type "Insurance Department" on the Yahoo search bar and it will pull up all the 50 departments of insurance state. Click on your state, and contact them from there or by telephone. The state departments of insurance will probably not a database of who is insured, but they might be able to provide some guidance. For example, they can tell you insurance companies are authorized to issue policies in your state, which could help refine your search.