If I were the inquiring daughter (what about the third kid?). I would tell uncooperative sister that she either produce that will NOW or I would be marching to the court house and filing a probate case. Then I would do it! She will probably need to contact an attorney in the county that mom resided and passed away in to do this...If there is a will (I think) it will have to go thru probate, (also if there is not!)....She may be able to get information by calling the probate court and talking to a clerk, just explaining the circumstances. Also I'd contact the condo association and tell them that as far as I was concerned I'm part owner of that condo, and if they approve a sale, I will challenge it later in court...(don't know if that would hold up, but I'd try!)...Do keep us updated...also (sorry just got to say it)...it's just so sad that sisters would treat each other this way rather than being a comfort to one another in the loss of their mother....just a shame...
Posted: Thu Jul 31, 2008 12:19 am Post Subject: Looking for stories of unfound Life Insurance Policies
Hello everyone!
It is EXACTLY these circumstances which you are all speaking of, that we started findyourpolicy[dot]com . Our service caters to those who are living NOW. The member, or insured, would sign up with FindYourPolicy.com and register 2 beneficiaries. Once signed up, FindYourPolicy.com will Proactively send the member (or insured), along with the 2 designated beneficiaries, an annual post card informing them the insured's information is on FindYourPolicy.com's website.
FindYourPolicy.com only requires the member to register the COMPANY NAME ONLY of their Life Insurance as this is the MAIN reason why so much grief continues.
There are 2 main reasons why policies are not found:
1. The beneficiary does not even know they ARE the beneficiary so they don't even look
and
2. The beneficiary knows they are the beneficiary but does NOT know the
COMPANY NAME of the Life Insurance policy and other assets.
As we hear from all your above comments, FindYourPolicy.com definitely solves these situations! Again, you need to be ProActive and prepare in ADVANCE all this information. We are a subtle, inexpensive, low risk service which will be invaluable when the time comes. No headaches, just look the information up and it will be at your fingertips!
FindYourPolicy.com does not ask for your full social security number, any policy numbers, any account numbers or any monetary information. The member ONLY registers the COMPANY NAME of their Life Insurance so that, when the time comes, their loved ones will be able to locate your legacy easily and painlessly.
For instance, if you, the insured, has life insurance with ABC Insurance company, then for your beneficiary to view your information, they would only have to enter your last four digits of your social security number along with your name and birth date, and ABC Insurance company would show up.
The last thing on everyone's mind is the struggle one will have to go through to find and locate your Policy if they would need it to assist in any burial. (this is the situation we came across when our father died..and we never wanted it to happen to anyone else...this is the reason for our service!)
There is plenty of information on our website. Please view it and you will be pleased with the results.
Please remember, FindYourPolicy.com is a ProActive service...it will benefit those who are alive NOW...so that their loved ones will not have to worry if something were to happen to you in the future. We created this service to assure those who understand the importance of many circumstances, and to make sure that all the necessary information is accesable by your beneficiaries NOW, so that your beneficiaries are not looking for your information when it is too late!
One other item, as a member, we offer a FREE service to those who have a Life Insurance company's name, however, cannot find it due to it merging or being bought out by another company. We will be pleased to assist in locating this information for you!
I hope this is helpful to everyone out there! If you have any questions, please feel free to contact me through our website or by phone.
Thank you for everyone's time!
Michael
*system edited-link removed
Posted: Thu Aug 07, 2008 05:06 am Post Subject:
I am saddened by the fact that there are children who are not sure if their late parents have life insurance.
It takes only a few minutes for parents while they are still alive to inform their children about the insurance plans they have purchased. Failure to do so always results in hundreds of hours of time spent by the children to find out if their late parents actually had insurance.
The same goes to insurance, it takes probably a fraction of our income to own an insurance plan. The reluctance to do so sometimes results in financial hardship for our surviving family members.
Posted: Thu Aug 07, 2008 11:25 am Post Subject:
Xoseph, You are so correct. As a Life Agent, I have found that individuals with Life Insurance do not make informing their beneficiaries a priority as they feel that someone in their family will find it. Especially if the insured does not mention a custodian for their children. If the insured where to pass away, no adult would know because they feel that the Insurance company will inform someone when they pass. If no one knows the company name there is no way of the Insurance company knowing that the Insured passed away. Telling someone once is just not enough. People forget and lose paperwork, just too easily. FindYourPolicy.com assists individuals to keep this information around and easily accessible. With just the last four digits of your social security number and your date of birth (both found on a death certificate) this information can easily be retrieved.
Michael
Posted: Fri Aug 08, 2008 05:40 am Post Subject:
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
Posted: Fri Aug 08, 2008 10:20 am Post Subject:
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.
Posted: Sat Aug 09, 2008 01:58 pm Post Subject: NEED ANSWERS
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.
Posted: Sat Aug 09, 2008 03:17 pm Post Subject:
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?
Posted: Sat Aug 09, 2008 08:57 pm Post Subject:
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.
Posted: Sun Aug 10, 2008 09:41 am Post Subject:
you're right a safety deposit box would be the best idea, just something i have never got around to doing! :oops: or your service :wink:
Posted: Thu Jul 10, 2008 09:58 am Post Subject:
If I were the inquiring daughter (what about the third kid?). I would tell uncooperative sister that she either produce that will NOW or I would be marching to the court house and filing a probate case. Then I would do it! She will probably need to contact an attorney in the county that mom resided and passed away in to do this...If there is a will (I think) it will have to go thru probate, (also if there is not!)....She may be able to get information by calling the probate court and talking to a clerk, just explaining the circumstances. Also I'd contact the condo association and tell them that as far as I was concerned I'm part owner of that condo, and if they approve a sale, I will challenge it later in court...(don't know if that would hold up, but I'd try!)...Do keep us updated...also (sorry just got to say it)...it's just so sad that sisters would treat each other this way rather than being a comfort to one another in the loss of their mother....just a shame...
Posted: Thu Jul 31, 2008 12:19 am Post Subject: Looking for stories of unfound Life Insurance Policies
Hello everyone!
It is EXACTLY these circumstances which you are all speaking of, that we started findyourpolicy[dot]com . Our service caters to those who are living NOW. The member, or insured, would sign up with FindYourPolicy.com and register 2 beneficiaries. Once signed up, FindYourPolicy.com will Proactively send the member (or insured), along with the 2 designated beneficiaries, an annual post card informing them the insured's information is on FindYourPolicy.com's website.
FindYourPolicy.com only requires the member to register the COMPANY NAME ONLY of their Life Insurance as this is the MAIN reason why so much grief continues.
There are 2 main reasons why policies are not found:
1. The beneficiary does not even know they ARE the beneficiary so they don't even look
and
2. The beneficiary knows they are the beneficiary but does NOT know the
COMPANY NAME of the Life Insurance policy and other assets.
As we hear from all your above comments, FindYourPolicy.com definitely solves these situations! Again, you need to be ProActive and prepare in ADVANCE all this information. We are a subtle, inexpensive, low risk service which will be invaluable when the time comes. No headaches, just look the information up and it will be at your fingertips!
FindYourPolicy.com does not ask for your full social security number, any policy numbers, any account numbers or any monetary information. The member ONLY registers the COMPANY NAME of their Life Insurance so that, when the time comes, their loved ones will be able to locate your legacy easily and painlessly.
For instance, if you, the insured, has life insurance with ABC Insurance company, then for your beneficiary to view your information, they would only have to enter your last four digits of your social security number along with your name and birth date, and ABC Insurance company would show up.
The last thing on everyone's mind is the struggle one will have to go through to find and locate your Policy if they would need it to assist in any burial. (this is the situation we came across when our father died..and we never wanted it to happen to anyone else...this is the reason for our service!)
There is plenty of information on our website. Please view it and you will be pleased with the results.
Please remember, FindYourPolicy.com is a ProActive service...it will benefit those who are alive NOW...so that their loved ones will not have to worry if something were to happen to you in the future. We created this service to assure those who understand the importance of many circumstances, and to make sure that all the necessary information is accesable by your beneficiaries NOW, so that your beneficiaries are not looking for your information when it is too late!
One other item, as a member, we offer a FREE service to those who have a Life Insurance company's name, however, cannot find it due to it merging or being bought out by another company. We will be pleased to assist in locating this information for you!
I hope this is helpful to everyone out there! If you have any questions, please feel free to contact me through our website or by phone.
Thank you for everyone's time!
Michael
*system edited-link removed
Posted: Thu Aug 07, 2008 05:06 am Post Subject:
I am saddened by the fact that there are children who are not sure if their late parents have life insurance.
It takes only a few minutes for parents while they are still alive to inform their children about the insurance plans they have purchased. Failure to do so always results in hundreds of hours of time spent by the children to find out if their late parents actually had insurance.
The same goes to insurance, it takes probably a fraction of our income to own an insurance plan. The reluctance to do so sometimes results in financial hardship for our surviving family members.
Posted: Thu Aug 07, 2008 11:25 am Post Subject:
Xoseph, You are so correct. As a Life Agent, I have found that individuals with Life Insurance do not make informing their beneficiaries a priority as they feel that someone in their family will find it. Especially if the insured does not mention a custodian for their children. If the insured where to pass away, no adult would know because they feel that the Insurance company will inform someone when they pass. If no one knows the company name there is no way of the Insurance company knowing that the Insured passed away. Telling someone once is just not enough. People forget and lose paperwork, just too easily. FindYourPolicy.com assists individuals to keep this information around and easily accessible. With just the last four digits of your social security number and your date of birth (both found on a death certificate) this information can easily be retrieved.
Michael
Posted: Fri Aug 08, 2008 05:40 am Post Subject:
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
Posted: Fri Aug 08, 2008 10:20 am Post Subject:
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.
Posted: Sat Aug 09, 2008 01:58 pm Post Subject: NEED ANSWERS
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.
Posted: Sat Aug 09, 2008 03:17 pm Post Subject:
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?
Posted: Sat Aug 09, 2008 08:57 pm Post Subject:
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.
Posted: Sun Aug 10, 2008 09:41 am Post Subject:
you're right a safety deposit box would be the best idea, just something i have never got around to doing! :oops: or your service :wink:
Add your comment