A wonderful thing happens with life insurance policies each day. People who have paid premiums on them for years pass away, their beneficiaries make insurance claims, money is dispersed, and mortgages and other bills are paid off, college educations are funded, and surviving loved ones are provided for.
Then there is a terrible thing that also happens each day. People who have paid premiums on their life insurance for years pass away and their beneficiaries don’t know about or can’t find policy documents. As a consequence NO money is dispersed, NO mortgages or other bills get paid off, NO college educations are funded, surviving loved ones, not provided for, are left to fend for themselves, and BILLIONS of dollars remain unpaid.
Would you know how to go about finding a missing policy? You may not think too much about this but for many people this is a huge lose a loved one and may know they carried an insurance policy but they can’t find it … or they have no idea about it.
Ten ways to uncover policies:
These ten things can help you find a missing policy and taking the time to investigate these items may yield a benefit … and sometimes a very substantial benefit … for you and your family.