How do you find out if your dad had life insurance?
Below are a few things that you can do. 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.
Your dad can withdraw the cash value of your life insurance policy if he is the policy owner of your policy. If you have obtained adulthood, you dad cannot withdraw the cash value of your life insurance policy without your consent. If you are minor life assured, your dad as proposer can draw cash value on maturity,provided you will not be adult then.
If by service Group life insurance you mean life insurance relating to the armed services, check with the Veterans Administration. Check the bank records to see if any insurance premiums have been paid, and to which insurance companies. Check any documents left behind by your dad. There should be some record of any insurance that he may have had. Most people keep all their legal documents in a file, somewhere. Sometimes it's in a safety…
Your stepmother did not change beneficiary on life insurance to your dad but your dad is deceased who gets the 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.
In order to find an affordable life insurance policy first determine what is your goal for life insurance. Then consider your options and compare multiple quotes from several insurance companies to find the most affordable option. If you need temporary life insurance for 30 years, or less, term life insurance offers the most affordable option. You can choose coverage for 10, 15, 20, or 30 years. Because term life insurance is temporary, and builds no…