Learn about Utilizing the NAIC Life Insurance Policy Finder Tool
In an effort to assist consumers in locating deceased loved ones' life insurance policies and annuity contracts, the National Association of Insurance Commissioners (NAIC) has created a free online tool called the Life Insurance Policy Locator.
To get started, navigate to the NAIC's website at naic.org. Once there, hover over the Consumer tab and select the Life Insurance Policy Locator under Tools.
Before using the locator, it's important to review the welcome page and Frequently Asked Questions (FAQ) for further help. To submit a search request, you will need to enter the deceased's information from the death certificate, including Social Security number or Individual Taxpayer Identification Number (ITIN), legal first name, legal last name, date of birth, date of death, and decedent's veteran status.
It's worth noting that the ITIN requirements for use in the Life Insurance Policy Locator are not specified in the provided search results. ITINs are nine-digit numbers that always begin with the number 9 and have a range of numbers from 50 to 65, 70 to 88, 90 to 92, and 94 to 99 for the fourth and fifth digits. The ITIN is formatted like a Social Security number: 9XX-XX-XXXX.
Once you have entered all the required information, agree to the terms of use and click on the submit button to initiate the search. Participating life insurance and annuity companies can access the information through a secure portal.
If a policy is found and you are the beneficiary, the life insurance or annuity company will contact you directly. However, if no policy is found or you are not the beneficiary, you will not be contacted. You will receive a "Do Not Reply" email confirming the request details you submitted.
For assistance, contact the NAIC Help Desk at [the provided email address]. It's important to note that the NAIC has no policy or beneficiary information.
Your request is stored in a secure, encrypted database, and it's crucial to specify your relationship to the deceased when submitting the search request. The tool does not contact users if no policy is found or if the user is not the beneficiary.
In conclusion, the Life Insurance Policy Locator is a valuable resource for consumers seeking to locate deceased loved ones' life insurance policies and annuity contracts. By following the simple steps outlined above, you can take advantage of this free tool and potentially uncover valuable benefits that may have otherwise gone unclaimed.
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