I use to be in the insurance business, but did not sell life. Please tell me if I am wrong, is there ?

Question

Where if any, is there a site or avenue to find out about life insurance policies? The particular company I was an agent for, had no place where a policyholder or their dependants go to in order to collect the monies on their deceased relatives? Do you know where?

Answer 1

I am not going to  say I am one hundred percent sure about the answer.Besides it really depends on the personal feelings.SO it would better for you to find yourself.Here is a good resource.http://lifeinsurance.online-helpers.info...

Answer 2

You could go on each individual life insurance companies site and find information. Other than that tough I am unsure.

Answer 3

A couple things here. This is where knowing your agent comes in real handy. Giving him a list of people and numbers to contact in the event of death. As far as an actual site goes there are no sites that offer this info, for privacy reasons only the sites of the companies have the paperwork available for you to make your claim.

Answer 4

There is no central database.  The executor of an estate can pay $75 to these guys  http://www.mib.com/html/lost-life-insura...  who will tell them if any applications have been submitted to any companies in the past ten years.  But the executor can ALSO go through the old banking statements, to find out which insurance company has been getting paid - they are usually paid once a year, or once a month.

Plus, most people do NOT have life insurance in place when they die.  So it's kinda wishful thinking, if you are just HOPING a policy is in place.  Have the executor go through the banking records, or just sit and wait - the insurance company will send a statement once a year on that policy - even if it's just a bill.

Answer 5

It should be written in the policy or, at the very least, a way to get ahold of the company to get the information.