TDCI Reminds Consumers to Focus on the Future During Life Insurance Awareness Month

Tennessee Governor Bill Lee has proclaimed September as Life Insurance Awareness Month in Tennessee.

To support the proclamation, the Tennessee Department of Commerce & Insurance (“TDCI”) highlights the importance of life insurance coverage, which can help families protect their futures and ease financial burdens after a loved one’s death.

“Life insurance is a critical insurance product, and I am thrilled to fully support Governor Lee’s proclamation—which serves as a reminder to all Tennesseans to assess their families’ financial needs and decide if life insurance is right for them,” said TDCI Commissioner Carter Lawrence. “During Life Insurance Awareness Month, I encourage consumers to evaluate their current benefits, seek advice from qualified insurance professionals, and take the actions necessary to achieve a financially secure future for their loved ones.”

Consumers who need help locating a loved one’s life insurance policy can use the National Association of Insurance Commissioners’ (“NAIC”) Life Insurance Policy Locator Service, a free tool, to determine if an individual is a beneficiary of a life insurance policy.

So far in 2024, the locator services helped located over $13.6 million in benefits for Tennesseans.

“Life insurance policies are intended to help cover financial burdens such as medical bills, funeral costs, and other financial obligations that can occur after losing a loved one,” TDCI Assistant Commissioner for Insurance Bill Huddleston. “I encourage consumers who have questions about whether they are beneficiaries of a policy to file a search request or contact our team today.”

For more details about the locator service, visit our blog or contact our team at 1-800-342-4029 or (615) 741-2218.