Tips for finding lost life insurance
Tips for finding lost life insurance:
1st Go through canceled checks or contact your relatives for copies of old bank checks. Search for checks to insurance companies.
2nd Ask those who may know about your family finances. Speak with the relative lawyer, banker or accountant. Also to the relatives insurance agent.
3rd Contact your relatives last employer. You might know of possible group life insurance. The insured may also have purchased additional life insurance through work.
4th Check the mail for a year. Premium bills and policy status notices are usually sent annually.
5th Look at income tax returns for the past two years. Check for interest income from policies or payments to life insurance.
6th Contact with the Medical Information Bureau. If your relative bought life insurance fairly recently, it can apply a trace of the companies on which he. The Medical Information Bureau could (MIB) maintains a database showing if insurers requested your family medical information, within the last seven years. Record searches can be requested through the MIB’s Policy Locator Service and cost $ 75. The MIB says that nearly 30 percent of search queries to lead again.
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