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A relative has just died. He had a life insurance policy with you listed as the beneficiary. There’s just one problem: the life insurance policy is missing. You have no idea which insurance company wrote it.

If you find the missing life insurance policy in the future, are you still eligible to receive the death benefit?

Hope they paid their insurance bills

If you’re a beneficiary and you find the lost life insurance policy shortly after the insured dies (within six months to a year, for example), claiming the death benefit should be trouble-free.

First, determine if the insured had term or permanent life insurance. If the insured held a term policy, you’ll receive the death benefit if he died before the end of the policy term. If he died after the policy expiration date, you would get nothing.

If the insured had a permanent life policy, you’ll receive the money if the death occurred while the policy was “in force,” meaning all premium payments were made up until the time of death. If the death was a while ago, you’ll receive the benefit with interest from the date of death.

If the life insurance policy lapsed — meaning the insured stopped making premium payments before he died — there’s a chance you might get nothing. When a permanent life insurance policy lapses, most insurance companies switch its status from permanent insurance to one of two options:

“Extended term” — The insurance company uses the cash value of the policy to buy a term life insurance policy for the same death benefit using the cash value of the policy. The death benefit will continue for the longest period the cash value will purchase.

“Reduced paid up” — The insurance company will keep the policy in force permanently, but will reduce the death benefit.

Gerry Brogla, an actuary for State Farm, says in the majority of the cases at his company, the permanent policy continues as extended term if it lapses. At State Farm, extended term is the default option for most permanent policies.

If the policy lapses, and the extended-term period expires before the insured dies, the policy is worthless and the life insurance beneficiary will get nothing. If the insured dies before the extended-term period is up, the beneficiary will receive the death benefit. If the policy lapsed because the insured died (thus ending premium payments and causing the insurance to be placed in extended-term status), the beneficiary will still collect the full death benefit, regardless of when the extended term was up. The beneficiary always needs to supply the insurance company with a death certificate to verify the date of death.

There is no time limit during which a life insurance beneficiary must step forward to collect the money, according to Jack Dolan, spokesman for the American Council of Life Insurers. “If a person shows up 30 years after [the insured's] death, the company still makes good on it,” Dolan assures.

What happens if no one ever reports the death?

If the insured dies and the insurance company does not learn of the death, the policy lapses. Insurance companies will take steps to find out why a policyholder stopped making payments.

When an insurance company stops getting payments, it sends letters to the insured informing him the policy may lapse as a result of unpaid premiums. If the letters go unanswered, the company might initiate a search to find the insured. If that comes up empty, the company will then lapse the policy.

If a beneficiary to a policy never steps forward, it unfortunately means the insured paid money to a policy throughout his life and his beneficiaries never see a penny. This is why its a good idea to make sure beneficiaries are aware of any life insurance policies you have.

If you’re lucky, the state may have your money

In some cases when a beneficiary fails to claim a death benefit for several years, the money is transferred to the state where the insurance policy was purchased under the escheat laws.

If a company knows an insured died and it cannot find the beneficiary, it must turn the full death benefit over to the state comptroller’s department within three to five years of the insured’s death. The money is transferred to the state where the insured bought the policy. The money is considered “unclaimed property” and gets lumped in with dormant bank accounts and uncollected rent deposits. The comptroller’s department maintains a database that lists the names and addresses of lost life insurance beneficiaries.

Many states will try to contact life insurance beneficiaries in an effort to pay the death benefits. In Texas, for example, the names and addresses of the beneficiaries are published annually in each county in the state. In New York, the Web site of the New York State Comptroller’s Office of Unclaimed Funds has an online search to find any unclaimed death benefits owed to you. You can find out the procedures in your state by contacting the office of your state comptroller or treasurer.

Keep in mind your chances of finding the policy with the state are slim. The insurance company has no obligation to hand the money over to the state if it’s unaware the insured died. In most cases, it’s the beneficiary who contacts the insurance company.

Also, the insurer only transfers the money to the state three to five years after it cannot find the beneficiary but knows the insured died. If the state doesn’t have the death benefit, it’s likely the insurer is still looking for the beneficiary or doesn’t know the policyholder has died.

Unclaimed death benefits are rarely transferred to the state. Dave Potter, a spokesman for Hartford Life, says less than 1 percent of his company’s death benefits go unclaimed.

Del Chance, a life insurance claims manager at State Farm, says, “Turning over life policy benefits to an individual state after the death of an insured is extremely rare. State Farm utilizes their own search techniques as well as outside vendors to locate lost beneficiaries in the event of the death of one of our insureds. By and large these procedures have always located the beneficiary.

Tips for making sure your life insurance beneficiaries get your death benefit:

1. Give your beneficiaries your policy information. It can be a difficult and awkward conversation, but an important one.

2. Keep all your financial records (especially your life insurance policies) in one place. Don’t force your beneficiaries to search your house from top to bottom after you die.

Tips for looking for lost life insurance policies:

1. Go through canceled checks or contact your relative’s bank for copies of old checks. Look for checks made out to insurance companies.

2. Ask those who may have known about your relative’s finances. Speak with the relative’s lawyer, banker or accountant. Also contact the relative’s insurance agent.

3. Contact your relative’s past employers. They might know of possible group life insurance. The insured might have also purchased supplemental life insurance through work.

4. Check the mail for a year. Premium bills and policy-status notices are usually sent annually.

5. Look at income tax returns for the past two years. Check for interest income from policies or expenses paid to life insurance companies.

6. Contact the Medical Information Bureau. If your relative bought life insurance fairly recently, there might be a trail of the companies to which he applied. The Medical Information Bureau (MIB) maintains a database that might show if insurers requested your relative’s medical information within the past seven years. Record searches can be requested through the MIB’s Policy Locator Service and cost $75. The MIB says that nearly 30 percent of searches turn up leads.

Do you need to seek out chiropractic care following an auto accident? My answer is a resounding “yes!” Why is it so important? Why can’t you just rest and take the medications that were prescribed by your medical doctor? Is the insurance company going to give you a hard time about it?

The reason why chiropractic care is so important after an accident has little to do with you being in pain (although it’s good for that too). A vertebra that moves out of its normal alignment can wreak havoc on your neck and its associated nerves. You may not be in a lot of pain immediately following the accident, but research indicates that most people will experience a bulk of their symptoms after a few days.

Once you start to feel symptoms, this is a good indicator that something has moved out of place, and likely that you’re experiencing a sprain/strain kind of injury. Sprain and strain don’t sound horrible, but really they are describing tears of various tissues in your body. The severity of the tear will indicate the type of treatment you should probably consider first. The chiropractor can help make the determination.

Eventually, your body will heal with scar tissue. Scar tissue is more sensitive than the previously uninjured tissue that you had within you before. Once scar tissue sets up (this takes about 3 weeks following the trauma), it will become increasingly difficult to get you back to your pre-accident state. Receiving some chiropractic adjustments to your spine will help assure that your spine is in its best position as that scar tissue begins to form. The better your spine is when all of this occurs, the more likely you can return pain-free following your therapy and treatment.

So why can’t you just rest and take the medications? That may be your best first course of treatment for a couple of days following your accident, but certainly can’t be the best choice long term. The medications are there to help you with pain, to help you get through the difficulty of the initial phase of your injury. However, they’re certainly not fixing anything.

In addition to the chiropractic adjustment, you can typically receive additional therapies that will help your muscles and other soft tissue heal more quickly than just “resting” alone. The additional therapies also help with pain, swelling, and inflammation and can be a big help in the speed of your recovery.

Will your auto insurance or health insurance company give you any trouble? You have insurance for just this type of situation, when you need health care and you can’t afford to pay for it yourself. Your health insurance company may have issue if the accident wasn’t your fault and the other person should be paying for it (or their insurance), but otherwise you shouldn’t have trouble here.

Your auto insurance policy will determine the amount of coverage and just how much help the company has to give. Still, it’s your body and your health and you’ll need to make sure your injuries are taken care of following the accident. Where you will have trouble is if months have gone by and you haven’t gone to see any doctors, just hoping it will go away. Then you decide to tell your insurance company that they need to pay for it all. That doesn’t go over too well.

If you’ve been in an auto accident, it’s a good idea to see a chiropractor and do it as quickly as possible once you realize you’ve been injured. The faster you get some type of treatment, usually the better your results.

Are you just fed up trying to look for a decent rate for your female auto insurance? You are not even remotely satisfied with your insurance company because you refuse to settle for less than the best deal for female auto insurance.

The bills have gotten a hold of you and you are not desperately looking for ways to save some subtantial amount of money any where you can.And you have decided to try to save some cold hard cash on your auto insurance premiums. But you know that this is not going to be easy at all.

Your previous and more than likely tarnished driving history is now keeping you from getting the best rates on your female auto insurance. You spent hours upon hours online trying to find a decent quote on your auto insurance. It is not your fault that you have a few fender benders on your driving record.

Everyone makes mistakes at some point in their lives and you should not be punished with high rates because of this.

What you really need to do is to search everywhere and do your homework until you are satisfied with monthly premiums that you can keep up with. Saving money on your auto insurance premium will only be a reality if you take action.

You can only imagine what you can do with all that extra money you will be saving every month.If you want to start saving money now and find the best rates on your auto insurance you need to go online now. By just doing a few minutes of work on your part you can easily afford to take your family out to eat again when you get a better deal on your female auto insurance.