Wednesday, May 04, 2011

Missing life policy?

As regular readers know, Bob and I are frequent contributors to an online consumer bulletin board. One question that continually pops up is how to find out if a recently deceased loved (or not so loved?) one might have had a life insurance policy in force at the time of death.

While there's no official central clearinghouse of life insurance policies, if you live in Ohio (or the deceased was a Buckeye), the Ohio Department of Insurance has some good news:

"The Ohio Department of Insurance’s missing life policy search service is a comprehensive search service that assists Ohio residents, and the families of deceased Ohio residents, in locating lost insurance policies purchased in the state."

Be interesting to see if any of the other 56 states follow suit.
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