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 Posted: Fri Aug 08, 2008 5:40 am Post subject: |
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I'd gone through the same problem when my father passed away suddenly. We were not sure whether he had a life policy or not. He hadn't mentioned anything to us about it either. However, he luckily had maintained all his documents in a file, where I stumbled upon the policy paper.
IMO the policy holder should take care about informing the family members about his financial possessions, otherwise, it simply defies the very purpose of a life plan.
Regards,
Juanita
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Juanita
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| Posted: Fri Aug 08, 2008 10:20 am Post subject: |
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My husband and kids are just plain well wierd about talking about death...I think a lot of people are...so I've created a 'strong box' and all the 'good stuff' is in there...I've told them if somethingi happens to me go to the box...(I've also written a few things in there)...and also told them to contact our life long agent...and they (husband and wife) will help you will everything....I think people should go atleast this far...My young brother passed very very sudden and tragically. It took us days to find things out, fortunately we knew alot of the guys he worked with and they got us in contact with his employer program...it was a huge mess....that only added additional stress to an awful situation.
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Lori
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| Posted: Sat Aug 09, 2008 1:58 pm Post subject: NEED ANSWERS |
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My daughter is 13 and her dad just passed away. I know her dad had life insurance through his work but I do not know if he left his children a portion of this and the widow I know will not answer my questions. What do I do if he left his widow as the beneficiary to my daughter's portion of the life insurance and can I challange that as the other parent. I just want to make sure my daughter is taken care of if she has monies coming to her and so they can be put into a college trust? Please help with any information you have.
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Sandra
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| Posted: Sat Aug 09, 2008 3:17 pm Post subject: |
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If the (new) wife is beneficary, there is pretty much nothing you can do...However, you child will be (i'm pretty sure) entitled to SS benefits, a monthly payment until she is 18...contact the SS dept. asap, and get this started, it takes awhile.
Was her father ordered by the court to have a life ins policy with her as a beneficiary, in the child support arrangement?
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Lori
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| Posted: Sat Aug 09, 2008 8:57 pm Post subject: |
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Hello Lori, I wanted to reply to your "strong box" idea. I do think that it is a good idea and also a not so good idea. There are many things that can go wrong. For example, if a thief were to go into your house and steal your box, they have everything to steal your identity. Also, if your house burns down all your information is lost. It could also be that when moving houses, this box is forgotten(not saying that this will happen to you, but it could) It would be better to put it in a Safe Deposit box. However; then comes the task of keeping your family/beneficiaries informed of the location of your Safe Deposit box. This is the reason that we created FindYourPolicy.com. It is an inexpensive, low risk reminder service to keep family members and/or beneficiaries reminded of the company or bank name (only names) of where your Life Insurance and Safe Deposit box is located.
As for the life long agent, will he be around when you pass away. I spoken to many individuals who left their information with an agent or an attorney and they left the business and no longer can be contacted. It is just too important information to be left to someone other than the beneficiaries. |
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FindYourPolicy
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| Posted: Sun Aug 10, 2008 9:41 am Post subject: |
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you're right a safety deposit box would be the best idea, just something i have never got around to doing!  or your service 
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Lori
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| Posted: Sat Aug 23, 2008 6:32 pm Post subject: Life Insurance |
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How can I go about finding what life insurance policies my friends parents had? My friends parents recently passed away and one of the siblings took alot of the paperwork that they had. She stole several items from the house, even before their death, and she is making comments she is still expecting more insurance checks. Is there any way to find out a list of all the policies in the parents names, and then see which ones my friend is aware of and which ones the other sibling may have cashed in falsely?
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Becky
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| Posted: Sat Aug 23, 2008 7:31 pm Post subject: |
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| Hello Becky, One of the things that you can count on is that the insurance companies will not pay out any checks to individuals that are not listed as beneficiaries on the policies. So even though your friends sister/brother took the paperwork there really is nothing that they can do with it unless he or she is the named beneficiary on the policy. Unfortunately there is no way of chasing down a policy on someone unless you have a company name they had the policy with. You could go over the bank records of the parents or check with their Auto Insurance company(some also sell Life Insurance) or ask friends because friends normally inform other friends if they liked an agent and then recommend the agent. |
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FindYourPolicy
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| Posted: Sat Aug 23, 2008 11:59 pm Post subject: |
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If your friend still has access to any of mom and dad's old canceled checks...i'd be looking at any paid to any insurance carrier and contacting them...who is in charge of the estate, and who would the beneficarys have been? Is it possible they only named the one daughter? If she is making this statement, then why doesn't someone (in the family of course) just ask, 'hey was there life ins. on mom and dad and have you received any of it?"
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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 Jun 22, 2009 1:41 pm Post subject: New web site that can help- |
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This is a real issue many people are having. This new web site enables you to enter all of this important information in so that when you or a loved one dies- you know what life ins. they had along with alot of other info. You also can scan important docs in an on-line secure file cabinet that can be accessed when needed.
Really helps with financial planning or getting your parents household in order.
(link removed by moderator lori)
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Sabel
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| Posted: Fri Jul 10, 2009 6:30 pm Post subject: insurance |
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MY FATHER PASSED AWAY MY MOTHER AND HIM SEPERATED WHEN I WAS 4 I AM NOW 46 I HOPE THAT CLEARS THAT UP I AM SORRY FOR THE MISUNDERSTANDING WENT I WENT TO BURY FATHER WENT THRU ALL HIS BELONGINGS AND FOUND NOTHING.
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bigbrn7r
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| Posted: Wed Nov 11, 2009 12:53 pm Post subject: life insurance policy |
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I can not find my mother's life insurance policy. She is currently in Hospice and Pallative care and could pass away at any time. How do I find out which insurance companies she may have insurance policies with? 
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Vance Evans
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| Posted: Fri Sep 03, 2010 5:58 pm Post subject: jblacc21@yahoo.com |
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my dad pass some years ago he told myself and my brother that he left us insurance money but my dad's family is known for changing the name of people after they get sick did if to my grand parent how do i find out if he left anything for us
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jami2177
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| Posted: Fri Sep 03, 2010 7:10 pm Post subject: |
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Hello Jami2177,
I am sorry for your loss. If your dads family changes the beneficiary name while your dad was alive, it will be hard to attest unles you can prove that it was changed without your fathers concent. If you were the beneficiary of the policy and your father passed away, the only person getting a check is you. If they kept it and cashed it, you will have to hire an attorney and go after them for fraud.
Unfortunately there is no database that you can go to check what company he had life insurance with.
Best of luck.
Michael |
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FindYourPolicy
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| Posted: Sat Sep 04, 2010 3:16 pm Post subject: |
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| Try knowing your own father has a will and you and your brother are NOT included in it. |
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joDG
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