I was dealing with some court stuff this past few weeks in regard to the annual accounts as deputy to my mother.
In doing this I realised there were a couple of strange annual payments coming out of the accounts for tiny amount of money to insurance companies.
I rung one of them told them the situation and was informed I would have to go through all the security and send in the court order etc blar blar before they could give me exact details etc but added it was probably for what they call ' a penny policy' that was so old the premium was taken annual ( it for just over £3 a year)
This prompted me to ask what happens when my mother passes away.?
I know she has various life insurance policies but they are missing.
She has ove rthe months when her illness was progressing hidden/destroyed/eaten???? who knows everything.
I have been informed everything from her birth certificate to her savings books are missing /unable to be found in the house so I was wondering what the process is.
Im sure Iam not the only person who ends up trying to sort out not only a death with no will, but a death where you are sadly lacking in paperwork.
I asked the insurance company and they said the onus is on me to ring and give information when she dies.
How do i know who to ring if I dont have insurance policies etc? Do you ring every insurance company in the book and say my mum has died has she got a policy with you please?
I know I will probably have to get a copy birth certificate etc and being a proactive sort of person I think I want to get as much as is possible done now so I dont have to do all this etc stuff when it happens
I thought there was a thing when you registered a death called 'one click' or something and that told everyone that mattered that the person had died, I presumed this meant life insurance companies and they then contacted who ever registered the death etc.
Surely if people with dementia hide paperwork or burn it etc what do relatives do, some might not even be aware there was any life insurance.
The lady at the insurance company I telephoned said the best way to get possible names of companies is to go through their bank statements to look for payments but as I told her some are no longer paid, people dont have paper statements anymore and if they did they probably missing like the policies etc
Has anyone dealt with this kind of problem ?
In doing this I realised there were a couple of strange annual payments coming out of the accounts for tiny amount of money to insurance companies.
I rung one of them told them the situation and was informed I would have to go through all the security and send in the court order etc blar blar before they could give me exact details etc but added it was probably for what they call ' a penny policy' that was so old the premium was taken annual ( it for just over £3 a year)
This prompted me to ask what happens when my mother passes away.?
I know she has various life insurance policies but they are missing.
She has ove rthe months when her illness was progressing hidden/destroyed/eaten???? who knows everything.
I have been informed everything from her birth certificate to her savings books are missing /unable to be found in the house so I was wondering what the process is.
Im sure Iam not the only person who ends up trying to sort out not only a death with no will, but a death where you are sadly lacking in paperwork.
I asked the insurance company and they said the onus is on me to ring and give information when she dies.
How do i know who to ring if I dont have insurance policies etc? Do you ring every insurance company in the book and say my mum has died has she got a policy with you please?
I know I will probably have to get a copy birth certificate etc and being a proactive sort of person I think I want to get as much as is possible done now so I dont have to do all this etc stuff when it happens
I thought there was a thing when you registered a death called 'one click' or something and that told everyone that mattered that the person had died, I presumed this meant life insurance companies and they then contacted who ever registered the death etc.
Surely if people with dementia hide paperwork or burn it etc what do relatives do, some might not even be aware there was any life insurance.
The lady at the insurance company I telephoned said the best way to get possible names of companies is to go through their bank statements to look for payments but as I told her some are no longer paid, people dont have paper statements anymore and if they did they probably missing like the policies etc
Has anyone dealt with this kind of problem ?