question about life insurance and insurance in general? help?
I’m trying to help a friend get a hold of an inheritance that an attorney is wanting to take a 33% chunk of to help her claim. one of those unclaimed money deals. i did a search on my friends name and found an insurance company that might have her listed but i don’t know if its a lead. the insurance company is
CONTINENTAL CASUALTY COMPANY
i looked up this insurance company to see if they offer such an insurance policy for life. can anybody help if they are familiar with this company? any help would be sooo greatly appreciated. GREATLY appreciated. it wouldn’t be very fair for a big lawyer to walk away with her money just because he knows something she didn’t.. 
i cant afford to really pay the fees these unclaimed websites ask for and so here i search.. hoping that this insurance company might offer some bit of hope 
your help is greatly appreciated.
OK, any unclaimed money deal that is asking you to PAY UP FRONT, is a scam. Insurance companies do NOT list life insurance policies anywhere – they are private transactions. They don’t know when someone dies, until/unless a claim is filed. There is no public record you can search at. Those "unclaimed fund" websites do NOT include insurance policies.
Dollars to donuts, someone is trying to scam you for a "search fee". Key word? "an insurance company MIGHT have her listed."
Here’s a REAL website, where the EXECUTOR OF THE ESTATE ONLY can send in $75, and ask if she’s applied for any policies in the past ten years. It only works for 10 years, and it doesn’t show active policies, ONLY APPLICATIONS.
http://www.mib.com/html/lost-life-insurance.html
But frankly, it’s MORE effective, and cheaper, to just go through the cancelled checks for the past 4-5 years, to see what company she was paying. See, you have to PAY for life insurance every year. So the executor of her estate can ALSO go to her bank to get old statements from her checking account, at maybe $5 a statement.
Oh, and here’s the information you were asking for about Continental – owned by CNA, a major player in the insurance field:
Continental Casualty Company
(a member of CNA Insurance Companies)
A.M.Best #: 02128 NAIC #: 20443 FEIN #: 362114545
Stock Ticker: New York Stock Exchange NYSE CNA
Address: 333 South Wabash Ave., Floor 22
Chicago, IL 60604
Phone: 312-822-5000
Fax: 312-822-6419
Web: www.cna.com
July 17th, 2010 at 4:26 am
Continental Casualty Company one of the companies that merged to become CNA/insurance group.
. the "C" is from Continental Casualty Company.
References :
http://www.cna.com/cnaeportal/eportal/site/cna
July 17th, 2010 at 4:55 am
this is good site
http://www.insuranceplan4u.com
References :
July 17th, 2010 at 5:22 am
Unfortunately, your situation is not uncommon. My mom passed away and we found that she had unclaimed money that had been turned over to the state. It wasn’t a large sum of money but we thought it would be worth claiming. By the time we found out all of the hoops that we would have to jump through and the expense that it would entail, we decided to let the state keep the money. It would have cost us more to get it than what we would have gotten.
If you don’t know which state the money is on file with and how to claim the funds, it might be worth the percentage that a lawyer or some other party would charge to avoid the hassle. If you do know the state, go to their unclaimed money web site and see what you can figure out. It might not be as complicated as my state.
References :
July 17th, 2010 at 5:57 am
OK, any unclaimed money deal that is asking you to PAY UP FRONT, is a scam. Insurance companies do NOT list life insurance policies anywhere – they are private transactions. They don’t know when someone dies, until/unless a claim is filed. There is no public record you can search at. Those "unclaimed fund" websites do NOT include insurance policies.
Dollars to donuts, someone is trying to scam you for a "search fee". Key word? "an insurance company MIGHT have her listed."
Here’s a REAL website, where the EXECUTOR OF THE ESTATE ONLY can send in $75, and ask if she’s applied for any policies in the past ten years. It only works for 10 years, and it doesn’t show active policies, ONLY APPLICATIONS.
http://www.mib.com/html/lost-life-insurance.html
But frankly, it’s MORE effective, and cheaper, to just go through the cancelled checks for the past 4-5 years, to see what company she was paying. See, you have to PAY for life insurance every year. So the executor of her estate can ALSO go to her bank to get old statements from her checking account, at maybe $5 a statement.
Oh, and here’s the information you were asking for about Continental – owned by CNA, a major player in the insurance field:
Continental Casualty Company
(a member of CNA Insurance Companies)
A.M.Best #: 02128 NAIC #: 20443 FEIN #: 362114545
Stock Ticker: New York Stock Exchange NYSE CNA
Address: 333 South Wabash Ave., Floor 22
Chicago, IL 60604
Phone: 312-822-5000
Fax: 312-822-6419
Web: http://www.cna.com
References :
agent, 21+ years
July 17th, 2010 at 6:11 am
Have your friend contact CNA directly to start the claims process. They should send a very easy one or two page form out to her with instructions.
After all this is done, go to an adult toy store and throw something fun on the attorney’s desk, telling them to ** themself. No attorney deserves 33% of a death claim for filling out two pages and sending it back in. I don’t care if it’s $5k or $500k. That they didn’t refer you out to an insurance broker or financial planner, astounds me.
If the money is in an estate, contact the executor of the estate directly.
You may also want to go on Yahoo! Yellowpages and similar sites to give a factual representation of their practice in your eyes.
References :