Life insurance can do many things to help a family, but only if it’s claimed. Unfortunately, many policyowners do not pass on proper information to their beneficiaries, leaving thousands of polices in limbo during a time of need.
The National Association of Insurance Commissioners (NAIC) announced a service to help consumers search for and find a deceased person's lost life insurance policies and annuities. “This national tool gives families and consumers a genuine time-saving option when trying to get their financial affairs in order," said John M. Huff, NAIC President and Missouri Insurance Director.
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