Help with finding Life Insurance after death of a relative ...

by admin

I’m so sorry for your loss. Here’s my advice:

1) Call her employer and ask whether she purchased group insurance there; if she was retired, call her ex-employer and ask whether she was insured under the group’s life insurance policy when she retired; then, contact the insurer and ask whether she converted her coverage to an individual policy; 3) Contact EACH of her creditors (mortgage company, car financing company, credit card(s), etc.) and ask whether she had mortgage or credit life insurance. Before you call, be sure to check her mortgage bill, which may list whether she purchased mortgage life insurance. Credit insurance will probably not show up on the car loan bill, since many times the premium is paid in full at the time the loan is taken out; 7) If all else fails, you may be able to obtain limited information from the Medical Information Bureau. This is a company that acts as a database for medical information reported on applications for life insurance, and for information discovered by insurance companies during the underwriting process. You can go to: http://www.mib.com/html/request_your_record.html and click on "Policy Locator Service" at the bottom of the page.

I hope this helps.

Other than going through her personal records there’s probably not much else you can do. Look through her records for payments to insurance companies or agents and follow up on those to see what type of policy she was paying for.

You should ALWAYS leave a list of these things for your family to find upon your passing. Mine’s in a zip-lock bag in my freezer, and everyone in the family knows where to find it.

If she actually had her funeral all paid for, it would be on file at a local funeral home. Call them and inquire. Also, there are only a small number of funeral insurance companys Forethought Life, Homesteader Life, NPS, Great Western, Monumental Preneed, and FDLIC would cover 90% of all funeral insurance policies. You could call them with her social security number and research this.

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