Life Insurance Claiming Checklist

Life Insurance Claiming Checklist Families face problems when their loved ones die. And financial struggle starts in the absence of loved one. Most people don't know that their loved one have life insurance. Find... Checklist for Insurer Share : Firstly intimate family regarding insurance policy Insurance company contact information Doctor's contact information As much Information you can with your family. Checklist for Beneficiary Obtain certified copies of the death certificate. Certified copy of the death certificate is needed every time you apply for benefits CERTIFIED Obtain certified copies of the marriage certificate. If you are the spouse, you may need proof of marriage if applying for life insurance and Social Security benefits. CERTIFIED Contact a legal advisor. Seek legal advice on matters: Re-recording of property deeds Disposition of stocks, investments, savings Disbursement of the deceased's estate Disbursement of the insured's business Drawing up of will for the widow or widower Visit a trust officer and tax attorney. Consult an expert financial advisor who deals in investments, estate settlements, and household finances. Locate any life insurance or accidental death insurance policies. Be sure to look around for any life insurance policies and/or, accidental death insurance policies your loved one may have had. HE File a life insurance claim. Feel free to reach out to your life insurance agents Contact other organizations. Contact unions, service organizations, or professional organizations the deceased belonged to in order to find out whether you are eligible for any benefits. Contact the Social Security office Explore eligibility for Civil Service and Veteran's benefits Contact the employer for death benefits. People are covered by group insurance where they work so see whether you and your dependents are still eligible for benefits Alert banks and credit card companies. Contact your bank or financial institution(s) concerning any individual or joint accounts held in your loved one's name BANK Gather all current bills. Make a prompt request for release to each bank in which the deceased and you held a joint account. Cancel all subscriptions and automatic payments. Cancel or change the name on any automatic bill-paying services and magazine and newspaper subscriptions. Locate other important papers. Locate: Business agreements; securities certificates; real estate deeds; wills; automobile registration; and installment payment book accuQuote Reference http://www.accuquote.com/learning-center/term-life-insurance-checklist.cfm saving you money for life"