BACK TO LIFE INSURANCE Q & AS Filing A Claim
To file a claim on a life insurance policy, for which you are the beneficiary, you should contact a local office of the company, if it has one
→ Read MoreNaming Beneficiaries
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Changing Beneficiary
Once a life insurance policy has been issued and is in force, the owner of the policy (who would often also be the insured) is free to change the beneficiary to anyone he or she chooses, unless the beneficiary has been designated as irrevocable
→ Read MoreA funeral director requests that life insurance policies be made payable to him or her or to the funeral home. Supposedly this will simplify matters at the time of death. Is this a good idea?
No, it would be much better and wiser to designate someone else (not the funeral home) as the beneficiary or beneficiaries. Designating the funeral home as your beneficiary may not be in your best interest.
→ Read MoreA family member died. I believe that this person had a life insurance policy with me as beneficiary, but I cannot find the policy. Do I need a policy in order to make a claim?
If you believe that you are a beneficiary of a policy that is lost,contact the insurance company which you believe issued the policy and inquire.
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