Try going through the below steps. Good Luck 1. If you have access to their personal records, go through old bank statements or canceled checks to see if they paid any insurance companies. 2. Did they have a personal lawyer or accountant who may have known about any old policies? 3. Talk with a past employer about any group life insurance policy that may have existed. 4. Get in touch with the Medical Information Bureau. They track all requested medical records by insurance companies for the past 7 years. So, if they took out the policy during this time period, most likely the MIB will know about it. You can find more information about them online. 5. Look at the mail that continues to be delivered after the person's death. If it was a policy that was still being paid for, you'll see premium notices. 6. Look at income tax returns to see if interest dividends on any life policy were claimed. There is no time limit on claiming the benefits of any missing life insurance policy that you are the beneficiary of. It can be 25 years later and the company will still pay you the proceeds.
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Yes. You can have as many life insurance policies as you are willing to pay for, but it usually is less expensive to increase coverage on a current policy that to purchase a separate policy.
One way to find a lost or missing life insurance policy is with the help of The Center for Life Insurance Disputes. They can help you locate policies that have been lost or forgotten about.
How can you find out if life insurance has been taken out in your name with or without your knowledge.?
my mother pased away on 4/28 and the funeral home filed her life insurance on the 29 or 30 how long does that take to receive a check for life insurance
Most likely, a person can find reliable life insurance company in their area through careful comparison of the different life insurance services. There is also a website called "iSelect" where one can compare the different services of life insurance company to help a person decide to choose a life insurance company.