What to do if Life Insurance Policy is lost?

Let us suppose if your loved one or relative one dies and save money for you in a life insurance policy but you don't know where to get the insurance and which company,what will you do then?And if you find out about the policy long after the death of your loved one (let say one year or seven month from the death of your loved one,will you be still able to collect it?You can still collect them if the policy was paid for during the time the person dies.But however,for certain kind of Life Insurance Policies,even if the family member stopped payment at some point,you may still get a reduced benefit.The most important things is to make sure that your beneficiaries know about the Insurance and that you make a note of the company that holds any policies you are beneficiaries of,while your loved one is still alive. read more.