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Executor’s Toolbox: Life Insurance Locator Services

This is the first of a series of articles on resources available to Executors and family members of a deceased individual which will make the process of wrapping up the estate easier. Today – the Life Insurance Locator Services.

The National Association of Insurance Commissioners (“NAIC”) has a central database called the “Life Insurance Policy Locator Service” which can assist consumers in locating life insurance policies and annuity contracts of a deceased family member or close relationship. When a request is received, the NAIC will:

  1. Ask participating companies to search their records to determine whether they have a life insurance or annuity contract in the name of the decedent; and
  2. Ask participating companies that have policy information to respond to the requester if the requester is the designated beneficiary or is authorized to receive information.

The NAIC has an easily navigable website for this service and should be used by anyone who may be helping to settle the estate of a loved one.

Author Bio

Paul Yokabitus

Paul Yokabitus is the CEO and Managing Partner of Cary Estate Planning, a Cary, NC, estate planning law firm. With years of experience in estate and elder law, he has zealously represented clients in various legal matters, including estate planning, guardianship, Medicaid planning, estate administration, and other cases.

Paul received his Juris Doctor from the Campbell University School of Law and is a North Carolina Bar Association member. He has received numerous accolades for his work, including being named among the “Best Attorney in Cary” in 2016 and 2017 by Cary News and Rising Star in 2020-2023 by Super Lawyers.

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