0
If you suspect a deceased family member had any life insurance, but you cannot find a policy, there are several things you can do to find policies. If the deceased had a policy through work you can contact the Human Resoures department. They will know what benefits the deceased had. You can also check with any credit cards companies the deceased used. There may have been death insurance through the credit card. For individual policies you can use one of the paid search companies to find the policy for you. Do a search using "find lost life insurance policy" or "missing life insurance policies" and you will find some reputable search companies.
You should be aware that insurance companies do not turn policies over to State Unclaimed Property accounts unless they know the person has died and they cannot find the beneficiary. So searching unclaimed asset sites is a waste of time. The beneficiary has to find the policy if they hope to collect any benefits. That's why it's usually easiest to use a paid service.
What else can I help you with?
What type of insurance is designed to replace the loss of income from a deceased family member?
Life Insurance
Which type of insurance is designed to replace the loss of income from a deceased family member?
Life insurance is designed to replace the loss of income from a deceased family member. It provides a lump sum payment to the beneficiaries upon the death of the insured person. This can help cover financial expenses and provide for the surviving family members.
Can you take a life insurance policy out for a family member?
Yes, it is possible.
What does it mean to insure a loved one?
To insure a loved one means to protect someone you love with life insurance. When a family member dies, life insurance will give cash to the family after their death, helping the family out even when that family member is dead.
How can I find out if a deceased family member had any life insurance?
If you suspect a deceased family member had any life insurance, but you cannot find a policy, there are several things you can do to find policies. If the deceased had a policy through work you can contact the Human Resoures department. They will know what benefits the deceased had. You can also check with any credit cards companies the deceased used. There may have been death insurance through the credit card. For individual policies you can use one of the paid search companies to find the policy for you. Do a search using "find lost life insurance policy" or "missing life insurance policies" and you will find some reputable search companies. You should be aware that insurance companies do not turn policies over to State Unclaimed Property accounts unless they know the person has died and they cannot find the beneficiary. So searching unclaimed asset sites is a waste of time. The beneficiary has to find the policy if they hope to collect any benefits. That's why it's usually easiest to use a paid service.
What happens if family member doesn't have life insurance and dies In the state of Ohio?
The spouse of a deceased person is only responsible for said person's debts if the couple resided in a community property state or if the debts were jointly incurred.
Life insurance part of estate?
Life Insurance and EstatesNO, not if the named beneficiary is not deceased. The proceeds of a life insurance policy belong to the named beneficiary not to the deceased. It should not under any circumstances be included in the estate of a deceased or the probate process. If no beneficiary is named or if all beneficiaries are deceased then their is no alternative. When their is no named beneficiary then the value of the life insurance policy reverts to the insured and must then be included as part of the deceased estate
Can anyone be the beneficiary of a life insurance policy?
Yes. Anyone can get a policy on another family member.
Aetna Life Insurance Company?
my brother-in-law was receiving checks from your life insurance co. he had just passed away we need to know if this surviving family member can get his life insurance to pay his funeral cost
What options do you have if a family member dies and has NO life insurance in the state of Texas?
See to it that when you die your family does not need to ask the same question!
What kind of insurance does the Catholic Family Life Insurance offer?
Catholic Family Life Insurance offers competitive life insurance to those who claim to be members of the Catholic Church. This insurance will guarantee placement and order for a family member's death rites in the church if anything were to ever happen.
What happens to the proceeds of a life insurance policy if there is not a named beneficiary?
The life insurance benefit will be paid to the deceased's estate.
