When a person passes away, there are many things that need to be addressed. This includes planning a funeral and a proper burial, settling financial affairs, and dealing with the grief surrounding the loss. All of this happens at a time when emotions run high. A common stress is trying to locate any life insurance policies the deceased might have purchased. Knowing where to look can save needed time and energy that are precious during this time.
Step 1
Talk with people who might have been involved or have knowledge of the deceased's financial affairs. This often includes an accountant, banker, investor or lawyer. Inquire with close family and friends as well, as the deceased might have disclosed information with them.
Step 2
Find an auto insurance or homeowners' insurance policy. It is common for people to purchase all their forms of insurance in a bundle if possible, so the deceased might have purchased life insurance from the same company as the auto or home insurance. Call the company and inquire about an existing life insurance policy.
Step 3
Look through financial records such as bank statements, check records or credit card statements. Check for premiums that have been paid to an insurance company.
Step 4
Check in places where policy information might be stored. Include any file cabinets, the attic and basement, a desk or a lock box at the home of the deceased. Do not forget to inquire at the bank where the deceased banked to see if he owned a safe deposit box.
Step 5
Call the former employer of the deceased and ask if he was enrolled in any group insurance plans through the company. It is not uncommon for companies will keep the employee enrolled in life insurance plans after retirement.
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