Life insurance policies may remain unclaimed due to a lack of knowledge on the part of potential beneficiaries. Do you know how to avoid this?
The death of someone close to you, in addition to the grief, involves dealing with some bureaucratic issues. One of these is confirming whether the deceased had life insurance and, if so, who the beneficiary is and how they can claim the amount to which they are entitled.
The process is relatively simple, as, in principle, you will only need to contact two entities. One to find out if the life insurance exists and another to claim the respective amount.
How do you know if you are a beneficiary of life insurance?
If you want to know whether someone who has died had life insurance, you should contact the Insurance and Pension Funds Supervisory Authority (ASF). This is the entity that centralizes data on this type of insurance and, according to the law, must provide this information to interested parties.
Information about life insurance can be requested by any interested party after the death of the insured or the policyholder in order to verify whether they are a beneficiary. To obtain this information, you must complete the Request for Information on Life Insurance, Personal Accident, and Capitalization Operations form, which is available online.
You will also need to attach the following documents:
-Death certificate or declaration of presumed death of the potential insured or subscriber;
-Civil and tax identification documents of the applicant or interested party;
-In the case of a representative of the interested party, a document proving this status;
-If the application is made by a legal entity, the commercial registration certificate.
The form can be sent by post or email, or submitted in person at the ASF.
The procedures can be found on the following website.