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How do you find out if a deceased person has insurance?
- going through his or her personal belongings.
- asking close family members or friends if they know where the documents were kept.
- checking My Legacy vault to see if the person had left a digital record.
- contacting the deceased's insurance agent for help.
How do I find out if I have a life insurance policy?
Your first stop should be the National Association of Insurance Commissioners' life insurance policy locator. With a minimum of information on you and the deceased, the NAIC will perform a free search of insurers to find out if there are any active policies.
How do I look up a deceased person’s policy?
- going through his or her personal belongings.
- asking close family members or friends if they know where the documents were kept.
- checking My Legacy vault to see if the person had left a digital record.
- contacting the deceased's insurance agent for help.
What happens when you are the beneficiary of a life insurance policy?
A beneficiary receives the payout from your insurance policy in the unfortunate event of your death. We make this decision because we want to protect the people we care about from the potentially devastating impact caused by such unforeseen circumstances.
How do you know if a loved one has a life insurance policy?
Using Life Policy Locators from NAIC, MIB Group, or NAUPA. Reaching out to financial contacts. Combing through old documentation. Submitting a request to state registries.
Is the owner of a life insurance policy the beneficiary?
The owner is the person who has control of the policy during the insured's lifetime. They have the power, if they want, to surrender the policy, to sell the policy, to gift the policy, to change the policy death benefit beneficiary. They have absolute control over the policy during the insured's lifetime.