How do you find out if someone had a life insurance policy before they died?
Total Comments: 16
Posted: Mon Dec 14, 2009 05:12 pm Post Subject:
If it's before they died, you might consider asking them.
If you want to know if they had coverage when they died, the best source for this information is to look at their checkbook. The MIB is also a good source of information. Their attorney and/or CPA may also be a good source.
Posted: Mon Dec 14, 2009 05:12 pm Post Subject:
If it's before they died, you might consider asking them.
If you want to know if they had coverage when they died, the best source for this information is to look at their checkbook. The MIB is also a good source of information. Their attorney and/or CPA may also be a good source.
Posted: Mon Dec 14, 2009 09:48 pm Post Subject:
A cautionary note about the MIB. It operates under the Fair Credit Reporting Act, and is also subject to HIPAA privacy laws and cannot disclose information to third parties without the written consent of the persons whose records they collect. The MIB collects health information obtained by member insurers during the underwriting of individual life and health insurance (but not group insurance). They are unlikely to have information about the policies a person owned or was insured under. What ever information they do have is "coded" to further protect its integrity.
An examination of a person's bank statements is likely to be a better source of information. On the other hand, if premiums stop being paid on a policy, a payment reminder notice or a lapse notice will be coming from the insurance company.
If a person died while a policy was in force, and the policy later lapses for nonpayment of premium, a death claim is still valid and payable, and no deductions can be made for any premiums due after the date of death.
Posted: Mon Dec 14, 2009 10:23 pm Post Subject:
Max, I guess that it is admirable that you attempt to answer every question on this board. However, your continued incorrect answers don't help others. Don't answer when you don't know or at least admit that you are taking a guess.
The MIB doesn't know what policies a person owned or was insured under. However, they do know where a person applied. HIPAA is irrelevant. One isn't asking the MIB for any medical information. Their policy locator service is able to release the information. HIPAA and FCRA isn't an issue.
Finding out where a person applied for insurance makes the search for a policy 100x easier.
Posted: Tue Dec 15, 2009 12:12 am Post Subject: insurance
HIPAA DO apply do some policies. I deal with Life Insurance policies with some of my 'Clients'. So..MAX IS giving correct information. Anyway....OP, is it possible you can ask a relative..or..do you know if this person had a Will, etc.?
Posted: Tue Dec 15, 2009 12:18 am Post Subject:
What we are talking about has nothing to do with HIPAA. HIPAA has to do with medical information. No medical information is being shared or requested. We're simply talking about locating policies.
A will is also useless when it comes to insurance policies.
Posted: Tue Dec 15, 2009 12:21 am Post Subject: insurance
HIPAA has to do with bank accounts, Life Insurance, IRAs, etc. As I said, I deal with HIPAA ALOT with my 'Clients'.
Posted: Tue Dec 15, 2009 01:25 am Post Subject:
Are you positive that you deal with this ALOT? Before you respond, you may want to Google "HIPAA".
Posted: Wed Dec 16, 2009 06:27 am Post Subject:
First off, there is no HIPAA applicability associated with a policy locator service. The privacy component of HIPAA is is purely associated with Personal/Private Health Information, or PHI. The privacy provisions deal with a person's ability to obtain their PHI and that of others, who the information may be shared with either with or without consent, and a host of other issues.
A policy locator service is not required to be HIPAA compliant as it is not giving out PHI...period. They are simply providing a service to assist people in locating lost policies and there is no medical information involved. I invite you to glance at the following link and look at the forms and disclosure required by MIB in order to request "lost policy" information:
If you read the application form, you noticed that there was NOTHING required that has anything to do with privacy, HIPAA or anything associated with HIPAA. DING DING DING...THE FIGHT IS OVER...IT'S A KNOCKOUT IN THE THIRD ROUND. :!: :shock:
While it's obvious that the person requesting the information have a legal right to the information and the request form requires that certain legal requirements come into play, again- there's no HIPAA nothin'.
Sorry for the sarcasm...I couldn't help it. The sniping is killin' me. Stop it.
InsTeacher 8)
Posted: Wed Dec 16, 2009 07:01 am Post Subject:
Maybe its me, but I think the funny thing is that posters are going 12 rounds over a question that seems fishy..... The question itself I guess is not fishy but the reason for the post appears to be. I'm not sure of the rules for posting and adding tag lines to hock items (as I gots no items to hock), but read other posts from the OP. There are questions that are asked but never followed up on. This is either the most unlucky person or.......
Posted: Mon Dec 14, 2009 05:12 pm Post Subject:
If it's before they died, you might consider asking them.
If you want to know if they had coverage when they died, the best source for this information is to look at their checkbook. The MIB is also a good source of information. Their attorney and/or CPA may also be a good source.
Posted: Mon Dec 14, 2009 05:12 pm Post Subject:
If it's before they died, you might consider asking them.
If you want to know if they had coverage when they died, the best source for this information is to look at their checkbook. The MIB is also a good source of information. Their attorney and/or CPA may also be a good source.
Posted: Mon Dec 14, 2009 09:48 pm Post Subject:
A cautionary note about the MIB. It operates under the Fair Credit Reporting Act, and is also subject to HIPAA privacy laws and cannot disclose information to third parties without the written consent of the persons whose records they collect. The MIB collects health information obtained by member insurers during the underwriting of individual life and health insurance (but not group insurance). They are unlikely to have information about the policies a person owned or was insured under. What ever information they do have is "coded" to further protect its integrity.
An examination of a person's bank statements is likely to be a better source of information. On the other hand, if premiums stop being paid on a policy, a payment reminder notice or a lapse notice will be coming from the insurance company.
If a person died while a policy was in force, and the policy later lapses for nonpayment of premium, a death claim is still valid and payable, and no deductions can be made for any premiums due after the date of death.
Posted: Mon Dec 14, 2009 10:23 pm Post Subject:
Max, I guess that it is admirable that you attempt to answer every question on this board. However, your continued incorrect answers don't help others. Don't answer when you don't know or at least admit that you are taking a guess.
The MIB doesn't know what policies a person owned or was insured under. However, they do know where a person applied. HIPAA is irrelevant. One isn't asking the MIB for any medical information. Their policy locator service is able to release the information. HIPAA and FCRA isn't an issue.
Finding out where a person applied for insurance makes the search for a policy 100x easier.
Posted: Tue Dec 15, 2009 12:12 am Post Subject: insurance
HIPAA DO apply do some policies. I deal with Life Insurance policies with some of my 'Clients'. So..MAX IS giving correct information. Anyway....OP, is it possible you can ask a relative..or..do you know if this person had a Will, etc.?
Posted: Tue Dec 15, 2009 12:18 am Post Subject:
What we are talking about has nothing to do with HIPAA. HIPAA has to do with medical information. No medical information is being shared or requested. We're simply talking about locating policies.
A will is also useless when it comes to insurance policies.
Posted: Tue Dec 15, 2009 12:21 am Post Subject: insurance
HIPAA has to do with bank accounts, Life Insurance, IRAs, etc. As I said, I deal with HIPAA ALOT with my 'Clients'.
Posted: Tue Dec 15, 2009 01:25 am Post Subject:
Are you positive that you deal with this ALOT? Before you respond, you may want to Google "HIPAA".
Posted: Wed Dec 16, 2009 06:27 am Post Subject:
First off, there is no HIPAA applicability associated with a policy locator service. The privacy component of HIPAA is is purely associated with Personal/Private Health Information, or PHI. The privacy provisions deal with a person's ability to obtain their PHI and that of others, who the information may be shared with either with or without consent, and a host of other issues.
A policy locator service is not required to be HIPAA compliant as it is not giving out PHI...period. They are simply providing a service to assist people in locating lost policies and there is no medical information involved. I invite you to glance at the following link and look at the forms and disclosure required by MIB in order to request "lost policy" information:
http://www.mibsolutions.com/pdf/pls%20brochure%20web.pdf
If you read the application form, you noticed that there was NOTHING required that has anything to do with privacy, HIPAA or anything associated with HIPAA. DING DING DING...THE FIGHT IS OVER...IT'S A KNOCKOUT IN THE THIRD ROUND. :!: :shock:
While it's obvious that the person requesting the information have a legal right to the information and the request form requires that certain legal requirements come into play, again- there's no HIPAA nothin'.
Sorry for the sarcasm...I couldn't help it. The sniping is killin' me. Stop it.
InsTeacher 8)
Posted: Wed Dec 16, 2009 07:01 am Post Subject:
Maybe its me, but I think the funny thing is that posters are going 12 rounds over a question that seems fishy..... The question itself I guess is not fishy but the reason for the post appears to be. I'm not sure of the rules for posting and adding tag lines to hock items (as I gots no items to hock), but read other posts from the OP. There are questions that are asked but never followed up on. This is either the most unlucky person or.......
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