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How do you find out if someone has a life insurance policy on you?

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TruePoint Insurance
Answered
2020-05-07 19:31:21
2020-05-07 19:31:21

Discuss it with them while they are alive. While that may sound like a flippant response it isn't intended that way.

Insurance policies can serve many purposes. Consider permanent insurance. Depending on circumstances, these policies may act as a very effective tool for estate planning. Let's go full circle. Considering that one is attempting to do plan, they would certainly want to communicate to the beneficiaries the tools in place. A smart-aleck statement? No. But it was an attempt to grab your attention and consider the question in another way.

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Wiki User
Answered
2014-11-04 00:33:47
2014-11-04 00:33:47

While the first short answer is true and provides basic guidance, some of the points deserve more discussion.

A life insurance policy is issued pursuant to an application. The application can be submitted by you (usually through an agent), or, if the proposed insured is a minor, by a parent. I gather from your question that you did not yourself apply, so a likely applicant may be one or both of your parents. If you can determine if they did apply for a policy, see if they recall either the identity of the insurer or of the agent/broker. There would have been paperwork involved, and likely canceled checks. You can then trace back to see whether a policy was issued, when, what type, and other salient information.

Not all applications result in the issuance of policies (for example, if underwriting guidelines are not met). Also, even if a policy was issued, it may have been canceled for non-payment of premium or otherwise. Again, if you can identify the insurer or the agent/broker, you can get further specifics.

The reference to "insurable interest" gets a little more complex. Essentially, the concept means that the person applying for the policy has to have a "stake" in the continued life of the person insured. The "stake" can be anything from "love and affection" (such as why parents are deemed to have an insurable interest in a child's life, or a spouse in the other spouse's life), to a financial or commercial stake (subject to State statutory and interpretative case law).

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Wiki User
Answered
2014-07-06 02:13:33
2014-07-06 02:13:33
  • If you feel that someone has fraudulently placed an insurance policy on you, please contact the Medical Information Bureau by going to www.mib.com. They have a fraud investigation department.
  • The only way someone can have a life insurance policy on you is if you signed an application giving your consent. Other than this, your parents might have taken out a policy on you before you were old enough to purchase one yourself; the age varies by jurisdiction. If this is the case, then they wouldn't have needed your signature.
While the foregoing is true and provides basic guidance, some of the points deserve more discussion.

A life insurance policy is issued pursuant to an application. The application can be submitted by you (usually through an agent), or, if the proposed insured is a minor, by a parent. I gather from your question that you did not yourself apply, so a likely applicant may be one or both of your parents. If you can determine if they did apply for a policy, see if they recall either the identity of the insurer or of the agent/broker. There would have been paperwork involved, and likely canceled checks. You can then trace back to see whether a policy was issued, when, what type, and other salient information.

Not all applications result in the issuance of policies (for example, if underwriting guidelines are not met). Also, even if a policy was issued, it may have been canceled for non-payment of premium or otherwise. Again, if you can identify the insurer or the agent/broker, you can get further specifics.

The reference to "insurable interest" gets a little more complex. Essentially, the concept means that the person applying for the policy has to have a "stake" in the continued life of the person insured. The "stake" can be anything from "love and affection" (such as why parents are deemed to have an insurable interest in a child's life, or a spouse in the other spouse's life), to a financial or commercial stake (subject to State statutory and interpretative case law).

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Related Questions


If you believe someone has a life insurance policy but you cannot find the actual policy or who the coverage is with you can get help through The Center for Life Insurance Disputes.

No one is allowed to have a life insurance policy on you without your knowledge. You would have to sign off on the policy before they could get it.

You must ask them.Contact The Center for Life Insurance Disputes. You can do a lost policy search through their website.

It is legal to take a life insurance policy out on someone else. Wal-mart does it to their older employees, and cashes in when the employees die.

How do I find out if my deseased father has a life insurance policy

Things may have changed since I worked in insurance (1997-1998), but generally speaking the existence of an insurance policy could only be confirmed to the insured, the policy owner, or a beneficiary, or someone with power of attorney for one of them. *Check with The Center for Life Insurance Disputes.

On whose life, policy is purchased, he/she is called 'Life Assured', whereas the former is called the 'Proposer' in a life insurance policy.

Why in the world would anyone want to pay that much money for an insurance policy if they did not know the person? Life insurance is expensive.

form_title=Life Insurance Policy form_header=Protect your loved ones with a lifetime of financial security. Find a life insurance policy customized to fit your needs. What type of life insurance policy do you want to buy?= () Term Life Insurance () Permanent Life Insurance () Both () Not Sure How large of a life insurance policy do you want to buy?=_ Who will it cover?=_ Who would you list as beneficiary?=_

I have a paid up life insurance policy. How do I find info on the 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 do i find out if tom rowntree had life insurance

Locate the name of the insurer that issued the policy; from there you can contact the insurer to start a claim, even the policy number is unknown. Search through files, safe deposit boxes and other areas where your loved one might have kept insurance documents. If you can't find evidence of the policy there, try to find out the name of the life insurance company that issued the policy.

need to find out how much my life insurance policy is worth

my parents had an insurance for me when i was a child. how do i find out if their is a policy out there . i don't want to contact Met life, i want to see if i could find out on-line

One can find information on a life insurance policy on the website of official Insurance agencies. This is possible by visiting said website, and looking at what kind of life insurance plan one is planning on purchasing.

I have a term life insurance policy that was fully paid in 1980. This policy is through Security Life Insurance Company of Georgia. How do I cash this policy in? I am unable to find the company !

Probably not unless the insurance company decides to allow it or it was a provision in the life insurance policy. Normally, people are not able to collect on their life insurance policy until the insured dies.

If its your policy, Just call your agent======== If not, Then NO!

Who would have had an "insurable interest" on your Dad? Ask them. Mom? Grandparents? Employer?

How do I find out who has my policy I had with Commercial State Life INsurance Company

It is not important to have a life insurance policy.

The Policy Holder of a life insurance policy is the executor of the said policy.

I want to to download a form to surrender my life insurance policy. Where do I find this form. It is through Reassure America Life.

No, there is not. The amount of insurance, and who has it, is personal information and protected by law. There is a policy locator service database. For a fee, you can find out what applications for insurance were made. They point out that just because someone filed an application does not mean they were actually issued a policy.


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