For those who happen to be beneficiaries to a deceased person’s life insurance policy, then it follows that you will want to file for a death benefit claim that you happen to be entitled to as a beneficiary from the policy. If you fail to file for these, then you will never see the money. The rather saddening bit is the fact that there are a number of the entitled beneficiaries to these benefits who don’t claim for these and as such we have seen such a rise in the figures of the unclaimed insurance benefits out of life insurance policies.
The reason that has been behind the failure by many not to file for these benefits has been as a result of the view that many have had. There are some who have had a view that filing for these claims is a sign of being greedy.
The fact is that the life insurance policies are meant to help the loved ones who will be left behind cope with the loss of the insured one in the policy. The reality is that there are a lot of the financial responsibilities and burden that get to fall on you as a surviving beneficiary to the life insurance policy of a deceased loved one, in most case of the breadwinner, and as such there is never to be seen or felt any shame when it comes to the need to file for these benefits after the passing on of the loved one, for at the end of the day this is the major reason why the plan was taken anyway. Here under is a look at some of the things to do and some of the steps to take so as to effectively make your file for these benefits arising from a deceased one’s life insurance policy as a beneficiary to the policy.
First and foremost, you need to get the policy details. This will actually demand that you probably have with you a copy of the policy document. In case you happen to be aware of the place where these would be stored or kept by the deceased one, whether it is a safe place such as a bank or such other like depositories and the like, then it will be easier for you. However, in the event that you happen to be unaware of where it would be that these were kept, then you may be well advised to get in liaison with the insurance agents or the human resource department from where your loved one worked to get the help you want when it comes to the need to trace this document and policy details.
After doing this, you will of a necessity want to take a look at the other policies and then contact the insurance agents.