Great question! One of the best ways to look for a lost policy is to go to sites like findmypolicy.com or the MIB website. Both charge for their services, MIB if I remember right is $75. You can also check with your State's Unclaimed Property Department, in the event that the policy was unclaimed. If you have access to bank records, look for cancelled checks that were paid regularly to an insurance company. Cross your fingers, and say prayers that the policies weren't term policies, or allowed to lapse. If you need help, please contact me, Id be happy to help. Thanks for asking!
President, The Firm of Steven H. Kobrin, LUTCF, 6-05 Saddle River Rd #103, Fair Lawn, NJ 07410
In olden days, this was quite a chore. Fortunately, many resources are now available. With a little digging, odds are you can come up with the policies.
Here are some resources for you:
Personal records
Safe-deposit box, file cabinets. Also go through bank statements to find debits from insurers.
Organizations
Former employers, unions, fraternal organizations, and professional organizations all may have sponsored policies.
Insurance companies
People often buy life insurance from the same companies from which they purchased auto and home insurance.
State insurance departments
Some states have created online databases to help find policies.
Policy locater services
I have no personal experience with any of these, but I know they exist.
They typically charge a fee.
http://www.mib.com/lost_life_insurance.html
http://www.findyourpolicy.com
http://www.l-lifeinsurance.com/home.html
Here is a good overview for you from Consumer Reports:
http://www.consumerreports.org/cro/magazine/2013/02/how-to-find-lost-life-insurance-policies/index.htm
.JPG){kind=avatar}
Here are some resources for you:
Personal records
Safe-deposit box, file cabinets. Also go through bank statements to find debits from insurers.
Organizations
Former employers, unions, fraternal organizations, and professional organizations all may have sponsored policies.
Insurance companies
People often buy life insurance from the same companies from which they purchased auto and home insurance.
State insurance departments
Some states have created online databases to help find policies.
Policy locater services
I have no personal experience with any of these, but I know they exist.
They typically charge a fee.
http://www.mib.com/lost_life_insurance.html
http://www.findyourpolicy.com
http://www.l-lifeinsurance.com/home.html
Here is a good overview for you from Consumer Reports:
http://www.consumerreports.org/cro/magazine/2013/02/how-to-find-lost-life-insurance-policies/index.htm
Let me know how it goes!