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 Posted: Thu Aug 21, 2008 4:11 pm Post subject: worried spouse |
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I am worried that my husband has purchased life insurance policies (on my life) that I don't know about. I live in Texas.
Who do I telephone, or where do I go on the internet, to find out if any life insurance policies exist on my life? |
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rdebra23
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| Posted: Thu Aug 21, 2008 6:53 pm Post subject: |
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Oh rdebra23, honey why does that worry you and why would he do that without telling you?
If he bought a policy he had to pay for it...look in the check book etc...see if you can find a payment and call the company....Also the policy will come in the mail....
I still don't understand your concern..
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Lori
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| Posted: Thu Aug 21, 2008 8:22 pm Post subject: |
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| Wife dies, husband collects a lot of money = eyes in the back of your head. |
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tcope
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| Posted: Thu Aug 21, 2008 8:41 pm Post subject: |
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eeeeeeeeeeewwwwwwwwwww
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"Never, never be afraid to do what's right, especially if the well being of a person or animal is at stake. Society's punishments are small compared to the wounds we inflict on our soul when we look the other way." Martin Luther King Jr. |
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Lori
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| Posted: Thu Aug 21, 2008 10:33 pm Post subject: |
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| Quote: | | Who do I telephone, or where do I go on the internet, to find out if any life insurance policies exist on my life? |
Dear Worried Spouse,
A life insurance policy in a PRIVATE contract between the owner of the policy and the insurance company.
There isn't any internet or central government data base for you to access that type of private information.
Taking your post at face value this is not something your spouse could have accomplished by himself as any type of significant death benefit ($100,000+) would require the insured person to provide and submit to a para-med exam, blood work and urine analysis.
Your loving spouse would need the co-operation from an agent to be able to pull off such an underwriting fraud and some "other" perhaps THE other woman would maybe have to be your body double for the policy to get through underwriting.
On the bright side if your spouse does want to off you they are not usually smart enough to wait for the two year contestability clause to expire.
They usually do the dirty deed within weeks of policy issue which throws up HUGE Red Flags for the insurance company who will then contest the claim.
When the DNA from THE "other" woman body double's blood work doesn't match that of the dearly departed former spouse, hubby will be off to the big house to be used and abused like a rag doll.
I don't know if I've helped or hurt?
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GarySpicuzza
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| Posted: Fri Aug 22, 2008 5:16 am Post subject: |
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Hi there...first of all I'd like to know the reason why have you started believing about the purchase of this policy all of a sudden..did your hubby ever express his desire?
| Quote: | | Who do I telephone, or where do I go on the internet, to find out if any life insurance policies exist on my life? |
The best thing would be to check out with his last employment opportunity..that might have it in their records.
Also check out on the important documents-files that he used to handle with respect to his business/investments. If he had any auto/home insurance you may as well consider consulting those agents to be sure whether they know of any such thing or not.
I guess the state insurance commissioner might also guide you in some ways. Please check it out! ArindamSenIndies |
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ArindamSenIndies
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| Posted: Fri Aug 22, 2008 7:18 am Post subject: |
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Here the insurable interest of the husband can be questioned.
Worried spouse, is your husband going to suffer financial loss from your death?
It has remained the basic requirement for all sorts of insurance plans that the person, who is buying the policy, should have an insurable interest on the person or the object.
I'd agree with Gary, it throws up a red flag. The whole business sounds shady.
~Jeremy |
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JeremyHolter
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| Posted: Mon Aug 25, 2008 6:37 pm Post subject: |
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| Well I've looked and looked and I just can't see the red flags. Maybe there's a assumption of a red flag because the poster said she was worried. Somebody else took her paramed, drew there blood? Says who? Who said a paramed was needed? I can write $100k with no paramed all day long if you are under 60. Too many CSI programs on TV. Assume, assume, assume. I bet she ain't worried he's got a policy on himself..... |
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Pirate91
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| Posted: Mon Aug 25, 2008 6:40 pm Post subject: |
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I think the concern ( and I would be too) is that he took out a policy in secret, without her knowing about it...that would be cause for some alarm...can't imagine my husband and I not 'mentioning' over supper, 'hey, I took out a new life insurance policy on you today' 
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"Never, never be afraid to do what's right, especially if the well being of a person or animal is at stake. Society's punishments are small compared to the wounds we inflict on our soul when we look the other way." Martin Luther King Jr. |
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Lori
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| Posted: Mon Aug 25, 2008 6:50 pm Post subject: |
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| Well I took out a small policy on my wife and my last job, never mentioned it to her because I felt it was a sound family financial decision and she's still alive. I left the company and it's not inforce now, but I did it. Poster isn't telling the the reason she's worried and alot of folks are having fun assuming the worst, which is human nature. |
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Pirate91
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| Posted: Mon Aug 25, 2008 8:12 pm Post subject: |
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Personally I think it's clear that she is worried because she didn't know... | Quote: | | I am worried that my husband has purchased life insurance policies (on my life) that I don't know about. |
Also notice the 'plural' on polices...
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"Never, never be afraid to do what's right, especially if the well being of a person or animal is at stake. Society's punishments are small compared to the wounds we inflict on our soul when we look the other way." Martin Luther King Jr. |
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Lori
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| Posted: Mon Aug 25, 2008 9:37 pm Post subject: |
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| She didn't know or doesn't know? She doesn't know if he has or hasn't. Has he one or none? Has she been running around on him and he plans to off her or has he and she knows. Who knows? We know there's no "system" for her to check. |
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Pirate91
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| Posted: Wed Sep 10, 2008 5:17 am Post subject: |
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I don't want to throw a red flag into the mix but I just can't resist the urge.
www.mib.com has the ability to track almost any policy issued in America over the last 12 to 15 years. There is a small cost (around $75) and they'll probably need a great reason to conduct such a search. It can be done though.
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Please feel free to go to my website at www.markcolbert.com or, if you have a specific question, you can email me directly. I hope I can answer any questions you might have. If not, I can certainly find an answer right away. |
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InsInvestigator
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| Posted: Fri Sep 12, 2008 12:58 am Post subject: |
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But Mark did you see the size of my red flag?
I went to the site you gave the link.
It says:
| Quote: | If you are an executor, or administrator (in cases where there have been no probate proceedings, a surviving spouse or other relative eligible for appointment may be entitled to order the report)...
The decedent's name is searched against our Policy Locator database. |
The OP is still alive, we hope. 
I didn't see anything that claims anyone can get life insurance information just for the payment of a $75 dollar fee.
After all, these are private contracts between the contract owner and the insurance company.
Did I miss something?
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Gary Spicuzza, *SAFE
Copyright 1956.
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*Self Appointed Financial Expert |
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GarySpicuzza
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| Posted: Fri Sep 12, 2008 4:25 am Post subject: |
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I never claimed that my red flag was larger than yours; this is not a case of red flag-envy.
I know that in some situations, the administrators of mib.com will run searches for people who are still alive. Of course there are the little things like proving who you are, why you need the information, and whether you are entitled to said information.
I hope they weren't doing it just for me.
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Please feel free to go to my website at www.markcolbert.com or, if you have a specific question, you can email me directly. I hope I can answer any questions you might have. If not, I can certainly find an answer right away. |
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InsInvestigator
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