Many people have asked me over the years, if there was a tool to find lost life insurance policies . The answer is no ... until now.
The Medical Information Bureau (MIB) launched their service policy Locator to help people find out if a policy exists. The wide database of MIB industry can report if an insurer took a policy application for the individual and petitioned our fraud detection service. It is the activity that can help show the way for the company or companies that have issued a life insurance policy. According to the MIB, the political Locator Service does not guarantee that a policy has been issued, but it points people to the companies that are most likely to have issued blanket.
To use the Policy Locator Service, a decedent's surviving spouse, next of kin or legal representative must submit an application form with a certified copy of the death certificate. Cost of research is US $ 75, and the answers are usually returned within ten working days. Pretty neat!
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