Thousands of individuals call life insurance companies daily
looking for that one piece of evidence their loved one had life insurance. They
either, lost the paperwork or simply can’t remember the company name that was
told to them when everything was fine. This is a problem that is recognized
often when it is too late. Now you must scramble for clues and start calling
life insurance companies to try to help you out. With no government database or
any database that holds all life insurance policies it is like looking for a
needle in a haystack.
There are over 200 million people in the United States that
have life insurance. It is said that over 25% of them go unclaimed. That is a
number which can add up to billions of dollars a year in lost money that should
go to people that deserve it. Can you name the company that holds your loved ones life insurance policy? Are you positive that it will be readily available to you when the unexpected happens? Make sure that you take the crucial but simple steps to assure with certainty; you will be ready when the time comes.
The conversation about death with family members and loved
ones is often passed by due to awkwardness. It is often something that comes up
only after the fact and by that time it is too late. The result is the
insurance companies, unless told of a death, will keep the money.
This can all be prevented with a little preparation in
advance.
Keep the names of your life insurance, annuities, retirement
accounts and even the location of your storage unit on a piece of paper and
make sure your beneficiaries know where it is for that unexpected time.
Register your policy information and other assets on a
searchable database. There is a free service that allows you to do this so your
beneficiaries can search it when the time comes.
Keep all your information in a safe deposit box and give the
location of your safe deposit box to a trusted friend or family member.
To locate a lost life insurance policy can be a task in itself;
however, with a little bit of investigation not all must be lost.
You should look through all papers your loved ones has. Make
sure you check for withdrawals from bank accounts as often premiums are paid
monthly by automatic withdrawal.
Search a missing life insurance database as the agent or
your loved one may have registered them on it. Life insurance is a much needed
investment for everyone. Make sure your loved ones will find it by registering for
free on a life insurance database. Protect your family from loss and make it
easier for them to find it.delicious: http://delicious.com/stacks/view/EmRceS
“TO BE THE BEST IN SERVING OUR MEMBERS BY PROVIDING PEACE OF MIND THAT THEIR BENEFICIARIES RECEIVE THEIR INHERITANCE”
