In The News 5 October 2015

Lt. Governor Taylor urges Ohioans to utilize free missing life insurance policy search service

By
Ohio Department of Insurance-

Ohio Lieutenant Governor Mary Taylor wants Ohioans to know that the Ohio Department of Insurance provides a free search service that can help locate missing life insurance policies or annuity contracts left behind by loved ones that have passed away.
 
The department has located more than 1,200 missing policies in the state for Ohioans since the search service was implemented in 2009.
 
“We are focused on protecting insurance consumers and providing services that produce real results for Ohioans,” said Taylor, also director of the Ohio Department of Insurance. “This search service eliminates the confusion of trying to locate missing life insurance policies or annuity contracts and helps get those benefits to the intended beneficiary.”
 

[[In-content Ad]]The department sends search requests and supporting documentation to all Ohio-licensed life insurance companies to be reviewed. An insurance company must process a policy and/or contract if they have information about a life insurance policy or annuity contract on the deceased person’s life. The insurance company will contact the beneficiary if money is to be paid to them.
 
Executors, legal representatives, or members of the deceased person’s immediate family can initiate a search request by obtaining the necessary form at www.insurance.ohio.gov in the Consumer Affairs section – or by calling 800-686-1526 for assistance. The completed form must be notarized and mailed with a certified death certificate to the department.

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