Deceased Parents Insurance Policy

D-MAC

Both my parents have been deceased for a few years now 2016 and 2017.

They never left a WILL so as an only child I contacted a solicitor and got it all sorted.

Just recently discovered one of my Dads bank account statements and it said that he was paying money to Pearl Insurance now Phoenix Life for them both.

I since contacted Phoenix Life and am waiting for some forms to arrive.

Q, Has anyone been in a similar situation...don't know what to expect

tacpot12

It depends on what sort of policy he was paying into. It is likely that there will be some money that will be paid out, although it might only be a few pounds. You should expect to have to provide proof of your identify to receive the money.

spanish_inquisition

It's standard form filling stuff.

The insurer will need to verify that you are entitled to your Dad's estate.
If you are unsure about the forms ask the insurer, if you remain unclear it may be necessary to discuss with your solicitor, but ask their costs first or you could lose out altogether.

Best of luck.

grnglide

Did the solicitor not handle this?


Surely he will have seen the bank statement and been in contact with the insurer?


Would the insurer not have noticed that the payments had stopped?

Mojisola

D-MAC wrote: »

They never left a WILL so as an only child I contacted a solicitor and got it all sorted.

Just recently discovered one of my Dads bank account statements and it said that he was paying money to Pearl Insurance now Phoenix Life for them both.

How did you get the estate sorted without seeing your Dad's bank statements?

Malthusian

Bear in mind it might have been an Income Protection policy or a similar life insurance policy that expired without value on death. The solicitor may have already checked this or may not have.

Best to expect nothing and treat anything that arrives as a bonus.

LHW99

You may also need to send a copy of the death certificate(s) with the forms.

lisyloo

I've dealt wit Phoenix.
The would need death certificate, proof of your ID etc.
It's fairly straightforward.

D-MAC

Thanks for the advice. Forms arrived today, look straight forward enough.

As for the Solicitor and Bank Statement at the time i hadn't even thought of insurance. The Bank paid for my Dad's funeral from his account. Unsure about my Mam.

I had thought at the time that my Dad had done everything from the policy for my mam.

But as Malthusian has stated I'm not expecting anything...it's just another loose end to tie up.