| FROM THE COMMISSIONER |
Locating life insurance
Commissioner implements new service to
improve efficiency for life insurance beneficiaries
KEN SELZER
Kansas Insurance Commissioner
T
he new KID Life Insurance Policy and Annuity
Search is now available by submitting a request
form to the department. Kansans who believe
they are beneficiaries, an executor or legal
representative of a deceased person can request help
through KID.
how it works
Those submitting a request will need to do the following:
• Complete the form available on the KID website: www.
ksinsurance.org/healthlife/life/life-policy-search.php.
• Have the form notarized.
KID will then send the
request to all Kansaslicensed life insurance
companies to search
their records. If a
policy or contract is
found, we are asking
the company to
respond directly to the
requestor to begin the
claims process.
• Attach a copy of the certified
death certificate of the
policyholder.
• Send all information to the
department address listed on the
form.
We are pleased
that we can provide
this service. It
enables Kansans who are possible beneficiaries to find
benefits from another person’s life insurance or annuity
contract. It eliminates the need for multiple searches by
individuals because the insurance department will act as a
clearinghouse for those requests.
I’m sure some of you have been in the situation of
trying to help a deceased person’s family locate any life
insurance benefits, and you know how cumbersome that
process can be. This locator service is designed to alleviate
some of that.
spreading
the word
While this service will help those
who may be beneficiaries and
not realize it, we hope that you as
their local agents can stress the
need for your life and annuity
policyholders to provide information to their beneficiaries
before they are unable to do so. That may eliminate
unnecessary future delays in finalizing a person’s bequests
for their life insurance or annuity proceeds.
If you have any questions about the locator service, please
contact LeAnn Crow, director of our Consumer Assistance
Division, at 785-296-7829.
|September-October 2015| KANSAS INSURANCE AGENT & BROKER
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