New Missouri program helps track down life insurance policies

Monday, November 7, 2011 | 8:49 a.m. CST; updated 9:16 a.m. CST, Monday, November 7, 2011

JEFFERSON CITY — The Missouri Department of Insurance has a new way to help people track down the life insurance policies of deceased relatives.

The department said it's common for people to know their parents had a life insurance policy but not to have a copy of it — or even to know the name of the insurance company.

Under a new program, the department will collect information from people searching for a deceased relative's life insurance policy. It then will send that information electronically each month to licensed life insurance companies in Missouri. Those insurance companies can then contact the beneficiaries if a policy is located.

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