It's up to you to make sure your beneficiaries know where to find your life insurance policy.
(PRWEB) October 29, 2008
Of the 300 million people in the United States, 200 million are life insurance policy holders. However, nearly 25 percent of these policies go unclaimed simply because beneficiaries aren't aware of which company holds their family member's insurance policy.
Today, FindYourPolicy.com - the world's only life insurance policy registry - announces that their services are now free of charge to the public. The easy-to-use online registry allows members to register their life insurance company names which hold their policies so that family members can locate them quickly and securely.
People generally fail to collect on life insurance policies because they either do not know which company to contact in order to claim the policy, or because they are unaware they have been named a beneficiary. This results in billions of dollars that go unclaimed; the free service by FindYourPolicy.com ensures that this will never happen.
FindYourPolicy.com was designed to solve the problem of unclaimed assets by maintaining a secure registry of information about life insurance, safe deposit boxes, and other assets, and having the option of sending reminders to members and their designated beneficiaries.
'When you die, it isn't the responsibility of your insurance company or bank to contact your beneficiaries - and your insurance company or bank, by the way, have no way of knowing when you die, unless a beneficiary contacts them,' notes Michael Hartmann, CEO of FindYourPolicy.com. "It's up to you to make sure your beneficiaries know where to find your life insurance policy."
Policy holders and beneficiaries alike can be confident that no secure information is kept on the FindYourPolicy.com registry. Users need not enter their social security numbers, insurance numbers, policy numbers, or account information. Beneficiaries look up and locate life insurance company names of their loved ones by searching FindYourPolicy.com database. Policies remain secure and protected via the insurance company.
However, it is the responsibility of family members to take the time to ensure their policy details are kept in a central location. Hartmann receives calls every week from people searching for their loved one's life insurance through one of the over 500 insurance companies in the United States today.
'Some people might say, I don't need this service because my wife or husband knows where everything is,' Hartmann says. 'However, if they both pass in a car accident, who will know the company name then? Can it easily be found? It is too simple to forget and misplace this information.'
With this simple and free service, it only takes three minutes to register a policy and protect loved ones' futures. No credit cards are necessary.
FindYourPolicy.com is a free online registry service designed to ensure that beneficiaries receive the financial assets arranged for them. This is done by storing low-risk information like the names of insurance companies and banks at which members have policies. In addition, FindYourPolicy.com also offers a paid membership level that sends annual postcards and quarterly e-newsletters to members and up to two designated beneficiaries to remind them of the important information registered at FindYourPolicy.com. Using only a member's birthdate and the last four digits of the social security/social insurance number, beneficiaries may search FindYourPolicy.com to locate registered assets. http://www.findyourpolicy.com
Michael Hartmann, CEO
Michael @ findyourpolicy.com
Edmund Hartmann, President
Edmund @ findyourpolicy.com
+1 (888) 461-7333