Your first stop should be the National Association of Insurance Commissioners life insurance policy locator. With a minimum of information about you and the deceased, the NAIC will conduct a free search for insurers to find out if there are active policies. How to find out if there is an after-death life insurance policy Consumer update on the life insurance policy locator The National Association of Insurance Commissioners (NAIC) life insurance policy locator connects consumers to insurance Every year, beneficiaries who can't find the policies of their deceased loved ones don't claim millions of dollars in life insurance benefits or, in some cases, they don't even know that there are policies in place. That's where the life insurance policy locator comes into play.
The NAIC keeps this tool free online and requests are secure and confidential. Any matches found by participating insurers are reported to state insurance agencies through the NAIC Life Policy Locator. Companies are then responsible for contacting beneficiaries. If you're not sure if the deceased had a life insurance policy, talk to people outside your immediate family.
In most cases, the closest family members and policy beneficiaries can request information about a policy, but they may have to submit evidence to the insurance company. The National Association of Insurance Commissioners (NAIC) life insurance policy locator service, a free online tool, can help you locate life insurance policies. There are also companies looking for a lost policy for your loved one, and they can be a useful resource for finding out if someone has life insurance. In addition, several private companies can help you search for a lost life insurance policy for a fee.
Once opened, bank officials can deliver life insurance documents to designated beneficiaries, but other content must remain in effect until a will or estate plan is executed. When a loved one dies, finding a life insurance policy can be a difficult but necessary task. When it comes to financial protection for your family, life insurance is one of the best options you can take. Once the request is received, the NAIC will ask participating companies to consult their records to determine if they have a life insurance policy in the name of the deceased you admitted.
When a life insurance company knows that an insured customer has died but cannot find the beneficiary, the company must deliver the death benefit to the state where the policy was purchased as “unclaimed property.” Representatives will contact hundreds of life insurance companies on your behalf to determine if your loved one had a policy. But life insurance isn't an easy topic to discuss, even among close family members, and it's a topic we often overlook or avoid altogether.
