I had a close relative ddie about two weeks ago, and he had said to me that he had life insurance! But me uncle said the he didnt, and i dont belive him. is there a way the i can find out if he had insurancce without knowing the company that it would be through, and if my uncle has talked to the insurance company and they know that he has passed on will they try to contact the beneficiary???? Can anyone help me???
2007-02-28 08:40:37 · 9 answers · asked by Anonymous in Business & Finance ➔ Insurance
If you were truly named as your relative's beneficiary and he gave your information to the insurance company, then they are obligated to contact you and pay the money to you. There is NO way that your uncle can claim the money if he is NOT the beneficiary and you ARE the beneficiary. Unfortunately, there is no way to figure out what insurance company it was. You'll just have to wait for them to contact you. Is there anyone else in the family that can assist you? Maybe try the funeral home as well - they might be able to help point you in the right direction.
2007-02-28 08:45:28 · answer #1 · answered by mrswho86 2 · 0⤊ 0⤋
The insurance company will try to contact you if they have your address ph# etc. on file. However the information the company has often lacks the beneficiary information needed to track you down. Do not worry that anybody else will claim it. They cannot unless they can pull a convincing impersonation off. If you are unsure about the existence of the life insurance check with MIB.com or http://www.mib.com/html/lost-life-insurance.html They are THE compendium of in-force life insurance. Every application, policy issued and claim made for virtually the last 12-15 years is logged by this insurance industry funded company. If you can't find the needed info on your own then they are your best alternative.
2007-02-28 18:21:55 · answer #2 · answered by DFW Broker 2 · 0⤊ 0⤋
The insurance company will not try to contact the beneficiary. It is up to the beneficiary to get a copy of the death certificate and file a claim on the insurance. If you do not have a copy of the policy or know the company, there is no way to collect.
2007-02-28 16:46:48 · answer #3 · answered by smartypants909 7 · 0⤊ 0⤋
Depending on the State you live in it is different. Check the Intestate Succession for where you live. It will be in the general codes for your state. If it is an insurance policy though, the person your Uncle listed as beneficiary will be sent the check or checks, depending how many have been listed. If you are not listed than you are not entitled to any of the proceeds. Sorry!
2007-02-28 16:46:35 · answer #4 · answered by KAM 1 · 0⤊ 0⤋
If you are in USA, the insurance company will contact the beneficiary as soon as they know the person has passed away. Keep a copy of the obituary (notice of death). If you can find any papers that have an insurance name on it, they will check their records to see if the deceased had a policy with them.
Any one attempting to collect the insurance has to prove they are entitled to it. THERE ARE BIG FINES TO PEOPLE CAUSING FRAUD AND BIG FINES TO INSURANCE COMPANIES IF THEIR EMPLOYEES ENGAGE IN FRAUD. Don't go there, the pain is worse than loosing the rewards.
2007-02-28 17:52:54 · answer #5 · answered by whatevit 5 · 0⤊ 0⤋
If your relative passed and the insurance knows about it they will contact the beneficiary immediately. If there was no on appointed to take on his final wishes, it takes about 45 days before any next of kin can do anything about his assests.
2007-02-28 16:45:03 · answer #6 · answered by -Bibee- 3 · 0⤊ 0⤋
Only if you are the executor of the estate, and have access to all his personal records and banking papers.
If there is a beneficiary, it's not your business (and you can't find out) unless it is you.
There is no central database. All this is PRIVATE information.
2007-02-28 19:04:20 · answer #7 · answered by Anonymous 7 · 0⤊ 0⤋
The ins company will contact you if you're owed money. Theres no way to find out, unless you know the ins companies name.
2007-02-28 16:44:01 · answer #8 · answered by Chrys 7 · 0⤊ 0⤋
If you are a beneficiary you will be notified
2007-03-01 03:28:36 · answer #9 · answered by larsgirl 4 · 0⤊ 0⤋