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Check the deceased's personal effects for death benefits, states the National Association of Insurance Commissioners (NAIC). Try the state's insurance department if personal records do not produce the needed documents.


An employer has access to health care, dental care and other medical services covered by the Standard Life insurance. This insurance benefits package assists employers in providing a group insurance solution for their employees, says Standard Life.


A death benefit is a lump sum or annuity paid out upon the death of a life insurance policy holder to the beneficiary of the policy, according to Fidelity. Death benefits are generally tax-free.


Term life insurance is temporary coverage with premiums that increase at predetermined intervals, while whole life insurance is permanent protection with level premiums and living benefits, such as cash-value accumulation and loan privileges, according to the New York Life Insurance Company. Term li


Life insurance is important because it offers an income to loved ones or other beneficiaries in the event of the death of the insured, explains Futurity First. Life insurance proceeds help cover the significant cost of a funeral and burial and leave loved ones without significant debts related to th


Types of life insurance policies include whole life, universal life, variable life and variable universal life. The various types of insurance come with different durations, structures, costs and variations.


Life insurance provides ongoing income for a policyholder's family if he suddenly dies, according to The Motley Fool. In addition to replacing the deceased's income, life insurance can also cover funeral, legal and medical expenses that result from the policyholder's death.


Non-life insurance policies provide coverage to protect consumers against the risk of their insurance premiums. These types of policies are more common in European countries.


According to Futurity First, life insurance is an important asset because it provides financial protection for the beneficiaries, helping pay for funeral expenses, pay-off debts that could be assigned to the estate and providing living expenses to any dependents. Life insurance can also be used to p


The benefits of purchasing whole life insurance from National Life Group include guaranteed death benefits and cash values, fixed level premiums, and possible dividend payments, explains the company's official website. National Life Group also offers universal life insurance, which provides flexible