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Life insurance policyholders commonly fail to inform the beneficiary(s) of the policy's existence. As a result, many life insurance policy death benefits go unclaimed. Insurance companies would like to distribute what is rightfully due, but the responsibility to claim benefits lies with the beneficiaries. It is estimated that millions of dollars in life insurance proceeds currently could be claimed by beneficiaries from North American insurance companies.

Policy Locator Service

If you are an executor, or administrator (in cases where there have been no probate proceedings, a surviving spouse or other relative eligible for appointment may be entitled to order the report), Policy Locator can make it easy to discover life insurance benefits you may not have realized existed.

• 170 Million Records. The decedent's name is searched against our Policy Locator database. It contains over 170 million records representing inquiries submitted on individually underwritten life insurance applications processed during the last fourteen years.
• Largest Fraud Detection Service. The data is collected by MIB from virtually every North American carrier involved in life insurance.
• Match Against Applications. It is important to note that a Policy Locator search provides notice of an application which may have resulted in policy issuance.

Effectiveness

Customers using the Policy Locator Service experience response rates of nearly 30%¹. Often, multiple applications are reported. It provides an efficient and effective alternative to labor intensive manual searches. Our extensive historical archives can trace paths from merged and acquired companies, revealing the identity of the successor company. For $75 per search, you can put the industry's most powerful policy locating resource to work for you.

¹ Results cannot be guaranteed.


DISCLAIMER OF WARRANTIES
The existence of a Policy Locator Service application record does not mean that an insurance policy was issued, merely that it was applied for. There are no warranties for services provided hereunder, expressed or implied, including without limitation the implied warranties of merchantability, merchantable quality and fitness for a particular purpose. In no event shall MIB Solutions, Inc., or any of its affiliates or agents be responsible for any indirect, special, incidental, consequential or similar damages to any person or entity regardless of the legal theory, even if such party has been advised of the possibility of such damage and even if arising from a fundamental breach of this agreement. Further, in no event shall MIB Solutions, Inc. or any of its affiliates be responsible for any damages which exceed the total of all fees paid by subscriber to MIB Solutions, Inc. under this agreement.

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