I just found a policy for my deceased father. the certificate number is 0070-w-s-245. Effective date is January 1, 1948. What do I do to find out more on this policy?
Contact the insurance company for information on how to make your claim and ask if they can supply a copy of the policy.
Assuming the question refers to a life insurance policy, and also assuming the parent is deceased, a child could request a search from the Medical Information Bureau. This would not give definitive results, but rather a list of companies with which the person submitted an application for insurance.
There's a site for that; please see link for search "deceased insurance policy search."
If they are named the benificiary of the life insurance policy. If they are not, it goes to the named individuals. If no one has been named, the policy will normally pay the estate and the procedes distributed according to the will or intestacy laws.
Call the insurance company and speak with somebody in the claims department. If your parents had an insurance agent, the agent may also be able to assist in the process.
If the other parent is the sole beneficiary in the life insurance policy, no. Participate in the probate process and you might walk away with something. So sad that someone's child would sue their grieving parent. Only if there is some record that the deceased parent wanted the child to have part of the money. If nothing...the insurance company gives the money to the person that has been chosen as the beneficiary. That is all they are required by law to do.
Phone them and ask for the claims department. Make sure you have the policy number.
Yes, The Heirs can buy the policy or the Estate executor can buy a home insurance policy.
The policy proceeds will become part of the decedent's estate.
In order to ensure that a wife collects her deceased husband's insurance policy, it is beneficial to transfer the beneficiary of the policy while the husband is still alive. If the beneficiary of the policy is also deceased, it would be wise to seek legal help.
Progressive Insurance can write a policy for you and your parent, but the parent is excluded as a driver because they do not have a license.
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