Insurance Policies & Beneficiary Designations

We all have many types of insurances - life, disability, auto, homeowners or renters, umbrellas, health. If you have a major life event that requires filing a claim, do you know where your policy information is located? The stresses that come with these events, whether a loss of a loved one or a natural disaster that destroys a home, are worsen by not being able to easily find your policies so that claims can be filed. Storing your policies themselves (or at least the declaration pages) along with any beneficiary designations will reduce these stresses at a time when you and your family may be very vulnerable.