To find out about old insurance policies, a claimant should collect the personal details of the insured person and present them to the insurance company that wrote the policy. A person can also check with the state insurance department of the state in which the policy was issued.
If the insured person has been dead for several years, the insurance company might have turned over his benefits to the unclaimed property office in the state where the policy was issued. An individual with the right authority can search the personal records of the deceased policyholder, such as safe-deposit boxes and email accounts, for personal details.
To avoid the issue of lost policies, an insured person should update his beneficiary information regularly and should also alert the beneficiaries about the policy. An individual should provide his beneficiaries with the name of his agent and the insurance company the policy is made with. The insured person must ensure that the insurance company has the current contact information for each beneficiary.
Insurance companies have been accused of not doing enough to locate beneficiaries once policyholders have died. Some insurance companies start deducting premiums from the policy amount once the policyholder dies until the account is depleted. In cases where the insurance company that wrote the policy no longer exists, an individual can use the insurance information institute to find out what happened to the company.Learn More
Some preferred provider organization or PPO plans offer the same or similar benefits to an insured person overseas. The international or foreign claims process is often different, though. Aetna, for instance, has a program that offers the same benefits internationally, but the covered person must submit a claim after payment.Full Answer >
Commercial insurance protects organizations and businesses from risks and includes property, liability, auto and workers compensation policies. The two most general types of insurance for businesses and organizations are property and liability insurance.Full Answer >
Anyone can post a review of an insurance company at ConsumerAffairs and Credit Karma. For opinions on local insurance company branches, users can contribute reviews to Yelp.Full Answer >
Policyholders may file a car insurance claim by contacting the insurance company and providing relevant details, according to DMV.org. Claims professionals at the insurance company usually discuss the situation with the claimant, explain the claimant’s coverages and evaluate the situation.Full Answer >