Sentences with phrase «locate policy beneficiaries»

The best life insurers are taking greater pains to locate beneficiaries in the wake of multi-state investigations in the last several years into the industry's lack of effort to locate policy beneficiaries.

Not exact matches

In general, life insurance companies that know an insured has passed, but can not locate the beneficiaries of the policy, are required to turn over the benefits of the policy to the state's unclaimed property office if the benefits are not claimed after a certain number of years.
If you are able to locate an active life insurance policy owned by your late spouse or loved one that you stand to benefit from, you and any other beneficiaries of that policy can contact the company directly to make your life insurance claims.
If you had someone close to you pass away and you are trying to find out if they had life insurance and you were a beneficiary, there are options available to assist you in locating life insurance policies that are unclaimed.
If the beneficiary is not able to locate the actual policy document, it can be helpful to provide any additional proof that may be available, such as information about premiums that were paid.
A: Most policies list the beneficiaries on the application copy, located in the back of the policy.
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