MIB’s
Policy Locator Service
Is a quick, easy, cost effective way to help locate lost life
insurance policies that may have been owned by a deceased spouse
or family member. If you are an executor, or administrator (in
cases where there have been no probate proceedings, a surviving
spouse or other relative eligible for appointment may be entitled
to order the report), Policy Locator can maximize your opportunity
to discover life insurance benefits you may not have realized
existed. For $75 U.S. per search, you can put the industry's
most powerful policy locating resource to work for you.
- 140 Million Records. The decedent's name
is searched against MIB’s Policy Locator database, which contains
over 140 million records representing inquiries submitted on
individually underwritten life insurance applications processed
during the last eleven years. Application activity often
leads to policies - matches against this database are immediately
identified and returned to you.
Policy Locator provides an efficient and effective alternative
to labor intensive manual searches. MIB’s extensive historical
archives can trace paths from merged and acquired companies,
revealing the identity of the successor company, and its industry-leading
search technology produces the best possible results.
As an added value, MIB will send along their "Policy Locator
Research Primer" which provides you with an extensive list
of additional due diligence hints and tips.
Effectiveness of the product:
Customers using the Policy Locator Service experience response
rates of nearly 30% (1). Often, multiple applications are reported.
Given that less than 35% of Americans own individual life insurance
policies (2), these results are that much more impressive.
It is important to note that a Policy Locator search provides
notice of an application which may have resulted in policy
issuance.
(1) Results cannot be guaranteed.
(2) 1999 LIMRA International Survey
Download
application now
Be sure to download the agreement using this link as well: Agreement
