Find a Lost or Missing Life Insurance Policy

When a missing or lost policy is located, or if further information is required, you, listed beneficiaries, and/or legal representatives will be contacted directly. Each company in our extensive database is advised of your search request and searches of their records, including all affiliated and/or subsidiary companies, are ordered.

Six ways of Finding a Lost Life Insurance Policy:1. The deceased probably has files that may contain bank

account records, documents, or receipts that may provide information on transactions with an insurance company.

2. The insured person may have purchased more than one life insurance policy, or more than one type of policy, from the same company. Finding one policy may well lead to finding additional ones.

3. A company's HR department would have records of any group policy bought by, or provided to, the deceased. Contact past employers.

4. Some life insurance policies pay interest and/or dividends. Check previous income tax returns.

5. Insurance companies issue premium notices and annual statements regarding policy status. With this in mind, for 12 months after a death, pay particular attention to the deceased person's mail for clues.

6. Each state has a Department or a Commissioner of Insurance which may be of some assistance. Contact the department in your state and they may be able to help you find what you are looking for.

7. There is no time limit when it comes to claiming the proceeds of insurance. Yet amazingly, billions of dollars in life insurance proceeds go unclaimed. Even if a policy is discovered many, many years after the policy holder's death, it may still be able to be claimed.

Finding Lost or Missing Life Insurance Policies

Problems occur and money is lost, however, when a death occurs and missing life insurance policy documents, if we even know about them, turn up lost or missing. The best way to avoid problems with life insurance claims is for policy holders to discuss the policies with their beneficiaries. Copies of the policy should be kept in a safe deposit box or with a lawyer or financial adviser, and make sure your beneficiaries know how to access them.