Have You Been Keeping Life Insurance Records?Friday, March 9, 2012 16:41
Have you bought an Ohio state life insurance policy? It’s crucial that you do not forget that someone besides you will be filing any claim on your life insurance policy, so be certain you have comprehensive records relating to the policy as a piece of your personal papers.
There are a handful of important pieces of info to be noted.
- Record the name of the agency issuing the policy as well as the address of its headquarters.
- Note the name and contact details of the Ohio life insurance company that sold you the policy.
- Record the policy number, type of policy and the date that it was issued.
- Record the amount of death benefit purchased.
- Identify the beneficiaries you would like to receive the insurance payment.
Make sure to record where the initial copy of your Ohio life insurance policy is kept. It’s imperative to keep all this information valid by noting any changes which might happen over time, such as changes of name. Take copies of your life insurance records and store each copy in a different place. One copy of the papers ought to be in a place where your survivors will search for them, and a backup copy ought to be kept somewhere outside of your house, for example, in a a safe deposit box, at a friend’s house, or as a digital record.
If you would like to learn additional records your beneficiaries may need, please contact our Ohio state life insurance company.