Why It Is Important To Inform Your Loved Ones Of Your Life Insurance Policy.

Hello All

Everyone has a life expectancy. Some people prepare for the end by getting life insurance. This is so that their loved ones will have something to live off of after they are gone. But sometimes when people take out life insurance policies they do not inform the beneficiary.

Due to someone not being notified of being the beneficiary of a life insurance policy, it will not be paid out. Every year millions of dollars are lost due to unclaimed life insurance policies. If the beneficiary does not claim the life insurance money, than the company will not notify them of its existence.

This is kind of shady but it happens every day, all the time. If you are planning to start a life insurance policy be sure to let the beneficiary know that you have done so. Let them know what company the life insurance is through.

By not letting someone know where the life insurance money is you risk them losing out on it. Every year this happens and lots of people are left out in the dark. Not only does your loved one die, but you are left without a penny to help with the funeral costs and what not.

When purchasing a life insurance policy be sure to make copies of everything. Copy the policy, and every single paper you can get a hold of. By doing this you can insure that the beneficiary has a complete set of documents pertaining to the life insurance policy. This way if there is any kind of problem with collecting the life insurance policy than the beneficiary will have copies of the policies so they can make the process of claiming a lot more easily.

Let the beneficiary know who the company is that you are insured through. By registering for free on FindYourPolicy.com it will guarantee your beneficiaries will locate the company name  if the paperwork that you have prepared were ever to be lost, misplaced or stolen.
Until next time,
Michael Hartmann http://www.findyourpolicy.com/

Always remember our Mission Statement

“TO BE THE BEST IN SERVING OUR MEMBERS BY PROVIDING PEACE OF MIND THAT THEIR BENEFICIARIES RECEIVE THEIR INHERITANCE”

Lost Life Insurance, an issue that does not go away.

Hello All,

We have been preaching for years that there must be something done about the possibility of an individual with Life Insurance never gets the benefit to the people that count, the beneficiaries. Recently in the news, the Insurance Commissioners have taken note of the fact the insurance companies can only do so much to look for the beneficiaries when they know the insured person has passed away. They have suggested the insurance companies scan the Death Masters File (a database of deceased Social Security Numbers) so they can figure out if the insured has passed away and then proceed to track down the beneficiary. Great suggestion however, you definitely need the agreement of the Social Security Administration (SSA) to go along with your idea. A new article has been writen saying the SSA has limited the access to the Death Masters File as the rules have changed.
This is even more of a reason a central life insurance database is needed. FindYourPolicy.com is free and takes under 1 minute to register. Guarantee your Loved Ones will FindYourPolicy.

Great article to read.
http://www.foxbusiness.com/personal-finance/2012/01/10/death-master-limits-life-insurance-companies-access-to-death-records/

Until next time,
Michael Hartmann http://www.findyourpolicy.com/

Always remember our Mission Statement

“TO BE THE BEST IN SERVING OUR MEMBERS BY PROVIDING PEACE OF MIND THAT THEIR BENEFICIARIES RECEIVE THEIR INHERITANCE”

Start the New Year off with a Bang

Hello All,

Everyone is looking for a way to get new clients and knock on doors of their existing clients. “What can I introduce to them that will make us as agents and agencies look good and also be a definite benefit to the customer?”

Take a look at our flyer and really consider the benefit we are to your client.
http://www.findyourpolicy.com/brochure.pdf

Until next time,
Michael Hartmann http://www.findyourpolicy.com/

Always remember our Mission Statement

“TO BE THE BEST IN SERVING OUR MEMBERS BY PROVIDING PEACE OF MIND THAT THEIR BENEFICIARIES RECEIVE THEIR INHERITANCE”