Unclaimed Life Insurance Policies And How To Find Them

Let’s say your dad bought a life insurance policy when he was 30 and he paid into it for 25 years. When he was 55 years old the life insurance policy had enough money in it that he didn’t have to make any more payments. Over the next 10 years he moved, twice. At age 70 he died.

In real life it’s possible your dad lost contact with his insurance company because it would have been his responsibility to tell them each time he moved. If he wasn’t making premium payments, and as he aged, he may have forgotten about the policy. The insurance company wouldn’t have tried to contact him until 60 days before the policy was going to run out of money, and that may have been at an address with an expired forwarding address. Sound impossible? It’s not. It happens frequently. So frequently in fact that it’s estimated that several billions of dollars worth of claims could be recovered if these policies are found.

Finding those policies is fast and easy with http://www.findlostlifeinsurancepolicy.com. With some basic information about the insured you can search historical records on anyone. If there was an active policy when the person died, no matter how long ago, you can claim the money as the rightful beneficiary.

A helpful link: http://www.i-newswire.com/find-any-lost-life-insurance-policy/39918

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This entry was posted on Monday, July 19th, 2010 at 2:27 pm and is filed under Life Insurance Scams and Abuses. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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