Life Insurance Checklist


What to do after the loss of a loved one

The stress and the sorrow that come with dealing with the loss of a loved one are inexplicable. But being caught unaware of what to do with the finances of the departed may seem like an added burden on a grieving family. There are a variety of things that follow your loved one’s death, and taking care of these things (sooner rather than later) will help avoid delays and confusion that may occur if they’re neglected.

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To make this process easier for you, here’s presenting a stepwise checklist of the top documentation and money matters you must deal with. This life insurance checklist includes critical information and is designed to save you money, time and energy, and help you get through the weeks immediately following the death of a loved one.

Step 1: Obtaining certified copies of the death certificate

Step 2: Obtaining certified copies of the marriage certificate

Step 3: Getting in touch with a legal advisor

Settling an estate can be a complicated affair. When your loved one departs, you should consider seeking legal advice on matters such as:

Step 4: Visiting a trust officer and tax attorney

A local trust officer is an important resource for the dependent(s). This individual is an expert financial advisor who deals in investments, estate settlements, and household finances. A tax attorney or CPA should be consulted if you think that the estate of the deceased might be subject to federal taxation.

Step 5: Locating any life insurance or accidental death insurance policies

Step 6: Filing a life insurance claim

We know that a loved one's death can be a really difficult time. If you are filing a claim, we suggest you to reach out to us. If you are the beneficiary, you'll be facing crucial financial decisions at a time when you may be least prepared to make them. To add to the burden, the amount of money involved may be very large.

Companies reserve the right to request further information.

Step 7: Contacting the Social Security office

When applying for Social Security benefits, you will need:

Step 8: Contact the employer for death benefits

If your loved one was employed at the time of death, contact the employer to check for death benefits.

Step 9: Communicating with other organizations

Contact unions, service organizations, or professional organizations the deceased belonged to, in order to find out whether you are eligible for any benefits.

Step 10: Alerting banks and credit card companies

Step 11: Gathering all current bills

Step 12: Cancelling all subscriptions and automatic payments

Step 13: Locating other important papers

Other important things to think about are: