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In depth story about Florida Life Insurance Dept, locating the beneficiary.
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In depth story about Florida Life Insurance Dept, locating the beneficiary.
What does that really mean? They do? They dont?
Somebody pockets the money?
The story is about the insurance companies holding onto the death benefits until a beneficiary makes a claim. Even when the insurance company knows that the insured is deceased.
Saw the story. Raised a lot of questions. Might change the way I'd advise people, including telling beneficiaries what they should do in the event of the insured' death.
By practice I offer to contact the beneficiaries to introduce myself and let them know to contact me if there is a death.
What if you're not around to do that?
Not sure I understand the question.
Not sure I understand the question.