How to File a Life Insurance Claim
What to Do After the Loss of a Loved One The stress and the sorrow that come with the loss of a loved one are inexplicable. Having to figure out 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…
What Happens to Your Personal Debts After Death?
The average American is carrying a personal level debt load of nearly $62,000. What do you think happens to YOUR personal debts after death? Good question. Did you know that most Americans die in the red? In other words, most people who leave this world exit it with a pretty hefty heap of debt. According…
You Don’t Have to Die to Benefit from Life Insurance
A life insurance policy doesn’t just help families financially after a loved one dies. It can also be a lifesaver in many other ways. Find out accessing life insurance death benefits of your policy. In the world of life insurance, you hear the term “death benefit” frequently. A death benefit is the amount of money…
Do You Have a Life Insurance Family Survivor Guide? (Part 2)
When a loved one dies, there are many legal matters that typically need to be dealt with rather quickly. In Part 1 of this two-part article, we talked about creating a Life Insurance Family Survivor Guide as an efficient way to organize important documents, in the event of a family member’s unforeseen death. In Part…
Do You Have a Life Insurance Family Survivor Guide? (Part 1)
If you were to suddenly die, would those who are left behind know what to do next? If not, you might want to consider creating a Life Insurance Family Survivor Guide for your loved ones. In Part 1 of this informative two-part article, we’ll talk about how to do just that. There’s an old expression:…
How Do I Invest a Life Insurance Death Benefit? (Part 2)
In Part 2 of Byron Udell’s blog on how to wisely invest your family’s death benefit, the Founder and CEO of AccuQuote makes a few more sound financial suggestions. In Part 1 of this article, I talked about the importance of carefully planning out how you will use any life insurance payout you receive. My…
How Do I Invest a Life Insurance Death Benefit? (Part 1)
In Part 1 of his two-part blog, Byron Udell, Founder and CEO of AccuQuote, gives helpful advice on how to make smarter decisions regarding any life insurance death benefit your family receives. The death of someone you love is one of the most stressful experiences anyone can go through. No amount of money can even…
Don’t Let Your Family Lose Your Policy’s Death Benefits
There are over $1 billion worth of death benefits that have gone unclaimed. Why? Because the owners of these life insurance policies could not be located. Don’t let this happen to you. To find out how, read on. Data from a 2013 issue of Consumer Reports shows that there are over $1 billion left unclaimed…
Don’t Let Your Family’s Death Benefits Go Unclaimed
Millions of dollars in life insurance death benefits go unclaimed every year. Don’t let this happen to your loved ones. Some shocking statistics: New York Life paid $3 billion in unclaimed death benefits in the year 2010 to families of individuals insured with them. Residents of New York State (eligible to receive claim checks because of legitimate…