I too have a policy dated 1949. After some research I found that they were taken over by Protective Life Ins. Co. 205-268-1000 Good luck
The cash value is the amount of money your insurance policy is worth to the owner of the policy if the insurance is cancelled and the policy terminated. The insurance company will mail a check to the to the policy owner upon policy termination or cancellation by request of the owner. I would strongly encourage you to consult a professional in your area before cancelling an existing policy. There may be other options and alternatives to access the value of the policy without cancelling the insurance policy.
Usually the paid up certificate has the policy details on it and therefore the insurance company will be able to search their records to find the policy. If there is no policy details on the certificate it is still worth contacting the insurer as surely the certificate will have some sort of reference the insurer can use to locate the policy
Usually - as much as it was agreed upon at the time when the insurance was bought. When we buy an insurance policy, a maturity value is usually mentioned in the policy document. So, in all probabilities your insurance policy is worth as much as mentioned in the document. Also, since it has been 17 years since the policy was taken, it is possible that the policy has expired or lapsed. In that case, the policy is worthless today.
Is WellPoint worth anything
If I'm not mistaken the successor to Stockman's National Life Insurance company is World Service Life Insurance company of Forth Worth Texas
I found an old Knights Life policy-is it worth anything?
The cash value is the amount of money your insurance policy is worth to the owner of the policy if the insurance is cancelled and the policy terminated. The insurance company will mail a check to the to the policy owner upon policy termination or cancellation by request of the owner. I would strongly encourage you to consult a professional in your area before cancelling an existing policy. There may be other options and alternatives to access the value of the policy without cancelling the insurance policy.
Mu uncle found an old live insurance policy and was wondering if it was worth anything/ Policy number is 272892
You need to call the Insurance Company or look in the statement of values page.
George Bailey has a life insurance policy worth $5,000.
You have to look through all of your old files and papers. If you know the name of the company, it is worth a try to call them and give them as much information as possible, as the company may have records, as well. If you do not have any records for the lost policy you can contact the Center for Life Insurance Disputes and do a lost policy search through their website.
Before an insurance company can sell insurance in a certain state, it must register with the State Dept of Insurance. If the company is sold, then it must notify the Dept of who it was sold to. If it just closes down, its policies were likely sold to another company, the Dept will have to be notified of that as well. Contact your States' Dept of Insurance and inquire there. As the insured - assuming you AREN'T the owner - you would not have filled out paperwork to have the policy issued and may not even have a copy of the policy. The policy, after all, is a contract between the company and the owner of the policy only. In either case, check online to see if there is a listing for Mutual Savings Life and ask their customer service.
Most insurance companies wont allow a policy to be reinstaed after the policy has lapsed (or become paid up). once 13 months of premiums are missed usually the policy becomes lapsed and cannot be reinstated after this time.It is worth calling the customer reps for your insurance company who can confirm this.
Usually the paid up certificate has the policy details on it and therefore the insurance company will be able to search their records to find the policy. If there is no policy details on the certificate it is still worth contacting the insurer as surely the certificate will have some sort of reference the insurer can use to locate the policy
The average life insurance policy is worth around 250,000 dollars to the survivor. Many people have policies that pay out even higher.
Usually - as much as it was agreed upon at the time when the insurance was bought. When we buy an insurance policy, a maturity value is usually mentioned in the policy document. So, in all probabilities your insurance policy is worth as much as mentioned in the document. Also, since it has been 17 years since the policy was taken, it is possible that the policy has expired or lapsed. In that case, the policy is worthless today.
$500 death benefit. If it was a dividend paying policy it is probably worth more. Call and ask the company. Silly that we thought $500 was enough insurance 20 years ago. 4lifeguild