Individuals frequently receive phony policies on other persons. How do I find out if I have one on my own? Is it possible to do a check?
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Start by contacting major insurance companies to see if they have anything in your name. Also, check with your employer and review your financial documents.
A life insurance policy on another person can only be obtained if both of you consent to it and they have an insurable interest.
Your neighbor, for instance, is unable to obtain a life insurance policy on you.
Regularly check your credit card and bank statements and also look for any purchases or withdrawals you didn’t make.Also, consider setting up text or email alerts for new transactions to spot unauthorized activity.