how can i find out

by helen mccain » Tue Mar 03, 2009 05:24 am

how can i find out what ins my father in law had

Total Comments: 3

Posted: Tue Mar 03, 2009 10:00 am Post Subject:

Well helen mccain, if you have access to his financial documents, you may sift through to find out. If you know his agent, you may get in touch with his agent to find out about any policy.

We have had several similar discussions in our community. I'll put one link for you to go through.

http://www.ampminsure.org/life/lost-policy.html

Take a look.

Posted: Tue Mar 03, 2009 02:06 pm Post Subject:

Tips for looking for lost life insurance policies:

1. Go through canceled checks or contact your relative’s bank for copies of old checks. Look for checks made out to insurance companies.

2. Ask those who may have known about your relative’s finances. Speak with the relative’s lawyer, banker or accountant. Also contact the relative’s insurance agent.

3. Contact your relative’s past employers. They might know of possible group life insurance. The insured might have also purchased supplemental life insurance through work.

4. Check the mail for a year. Premium bills and policy-status notices are usually sent annually.

5. Look at income tax returns for the past two years. Check for interest income from policies or expenses paid to life insurance companies.

6. Contact the Medical Information Bureau. If your relative bought life insurance fairly recently, there might be a trail of the companies to which he applied. The Medical Information Bureau (MIB) maintains a database that might show if insurers requested your relative’s medical information within the past 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 searches turn up leads.

Posted: Wed Mar 11, 2009 03:45 pm Post Subject:

You can always go to FindYourPolicy.com and check their database. It is free to search.

Michael

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