When a loved one passes away, locating a life insurance policy can be a challenging but necessary task. There are some steps you can take to get the information you need. Here are a few tips to guide your search. Show
Search the deceased's documents and correspondence.In many cases, evidence of policy and any relevant information
If this search turns up empty, there are still actions you can take. Submit a request to the NAIC Life Insurance Policy Locator Service.The National Association of Insurance Commissioners (NAIC) Life Insurance Policy Locator Service, a free online tool, can assist you in locating life insurance policies. Once a request is received, the NAIC will ask participating companies to search their records to determine whether they have a life insurance policy in the name of the deceased you entered. If they do, the participating company will respond to you if you are the designated beneficiary or are authorized to receive the information. Click here to use the service. You will need information from the death certificate, including social security number, legal first and last name, date of birth, and date of death. This video provides instructions on how to use the service. Contact the state’s Unclaimed Property Office.When a life insurance company is aware that an insured client has died but cannot find the beneficiary, the company must turn the death benefit over to the state where the policy was purchased as “unclaimed property.” If you know (or can guess) the state where the policy was bought, you can search the state’s unclaimed property database. The National Association of Unclaimed Property Administrators has a search tool that will take you to your state’s unclaimed property database. Be aware of special challenges.There may be circumstances that complicate the search for a loved one’s life insurance policy:
Keep in mind fee-based services are available if needed.Sometimes, even despite all the best efforts, finding an insurance policy when a loved one has passed away can seem overwhelming. In these cases, it is helpful to know that MIB, an insurance membership corporation, offers services for a fee. This service may be able to find evidence of life insurance applications but does not indicate whether a life insurance policy was purchased. Additionally, several private companies can assist you with the search for a lost life insurance policy for a fee. Consumer Update on Life Insurance Policy Locator The National Association of Insurance Commissioners (NAIC) Life Insurance Policy Locator connects consumers with lost life insurance. Each year, millions of dollars in life insurance benefits go unclaimed by beneficiaries who can't find their deceased loved ones' policies or in some cases may not even know the policies exist. That's where the Life Insurance Policy Locator comes in. This free online tool is maintained by the NAIC and requests are secure and confidential. Any matches found by participating insurers are reported to state insurance agencies through the NAIC Life Policy Locator. The companies then are responsible for contacting beneficiaries. Who can use the locator? If a requester is a beneficiary and is notified by the company that a lost policy has been found, what information do people need to request their benefits? How long does
it take for a request to be completed? Before you submit a request...Here are some suggested avenues of investigation which may produce results for you:
Information you obtain from these and other sources may also be of benefit to the insurer conducting research on your request. Therefore, you may wish to consider exploring these avenues of possibility before submitting a request for a search. However, if you wish to proceed now, please click the link below. NAIC Life Policy LocatorCan you find a life insurance policy by social security number?Using the NAIC Life Policy Locator, you can submit a request with the legal name, date of birth, social security number and date of death for the deceased person to find a life insurance policy or annuity.
How do I find out if a life insurance policy exists?How to Find Out if a Life Insurance Policy Exists After Death. - Talk to Friends, Family Members, and Acquaintances.. - Search Personal Belongings.. - Check Old Bills & Mail.. - Contact Employers and Member Organizations.. - Do an Online Search.. - Call Your State Insurance Commissioner's Office.. Is there a database to search life insurance policies?The NAIC Life Policy Locator can assist you as consumers in locating life insurance policies and annuity contracts of a deceased family member or close relationship.
How do I do an online search for a life insurance policy?In your web browser, navigate to naic.org, hover over Consumer, and click Life Insurance Policy Locator under Tools.. Social security number.. Legal first name.. Legal last name.. Date of birth.. Date of death.. |