Life and Annuities

Last Updated: December 5, 2016

​Life Insurance and Annuities

When you buy life insurance, you want coverage that fits your needs. You should decide how much you need, for how long, and what you can afford to pay. Keep in mind the major reason you buy life insurance is to cover the financial effects of unexpected or untimely death. Life insurance also can be one of many ways you plan for the future.

An annuity is an investment that provides an income over a specified period of time, often used as a device for retirement income.

See the Office of the Commissioner of Insurance Consumer Publications list for publications with information regarding life and annuities.


NAIC Life Insurance Policy Locator Service

NAIC Life Insurance Policy Locator Service

The National Association of Insurance Commissioners (NAIC) Life Insurance Policy Locator Service provides nationwide access for assistance in locating life insurance policies and annuities. Individuals who believe they are beneficiaries, executors, or legal representatives of a deceased person may submit a search request form. Consumer requests are encrypted and secured to maintain confidentiality. Participating insurers will compare submitted requests with available policyholder information and report all matches to state insurance departments through the locator. The insurers will then contact beneficiaries or their authorized representatives.