Life Insurance: Better Safe Than Sorry (Part 2)
In Monday’s post , we discussed “Preparing for Tomorrow,” and why it is so important
for families with life insurance.
Today, we discuss some “Preparing for Tomorrow” tips for life insurance customers.
-Reassess your policy, taking note and alerting your agent of any lifestyle changes such as marital status, children and/or change of job
-Having a good amount of knowledge about your insurance policy and cluing in your family about what it entails
In the event of a death:
-Ask the insurer if any policies cover the deceased aside from the ones that you know about
-Get in touch with the deceased’s employer to ask about any group policies
-Contact the Social Security Administration for any benefits that may be payable
-Check into the deceased’s checkbook as well as bank statements for payments to insurance companies
-Contact the individual’s insurance agent
We hope you won’t be in this situation for a long time, but it’s always good to know where to look.

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Great blog and I loved the second part of the story. I never get bored reading your posts.
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