Heir Hunting Firm, Finders, Reminds Beneficiaries Of The Importance Of Indemnity Insurance

Finders, the international professional probate genealogists (otherwise known as ‘heir hunters’), are today reminding beneficiaries of the importance of taking out Missing Beneficiary Indemnity Insurance upon inheriting an Estate.

Unlike other heir hunting firms, Finders offers beneficiaries Missing Beneficiary Indemnity Insurance through Aviva. This insurance cover can be obtained instantly through Finders if and when:

• Specific heirs or branches of a family simply cannot be traced
• It is no longer economically viable to continue with research in an attempt to locate the ‘missing’ heirs
• Finders have produced a report confirming the situation and recommending insurance cover

Comfort Policies are also available to beneficiaries. This type of policy protects the beneficiaries against an unrecorded event, such as an illegitimate birth, which may affect the distribution of an Estate should these previously unknown persons come forward and make a claim against the Estate in the future. A comfort policy will insure against such claims possibly arising when it otherwise appears that there is no prospect of a claim in the future.

Heir hunters, Finders, also offers beneficiaries Missing Will Insurance, which protects beneficiaries who complete Finders Missing Will Service against the possibility of a Will being found after distribution.

Finders’ ‘self-approval’ arrangement with Aviva enables us to apply for and obtain policies instantly. Premiums are one-off payments made by the Estate and are usually very competitively priced at around 1% – 1.5% of the amount insured.

Commenting, Daniel Curran, Managing Director of Finders, said:

“Missing Beneficiary Indemnity Insurance is vital for beneficiaries using heir hunters, such as Finders. Without it, beneficiaries can open themselves up to future claims rendering them and their Estates vulnerable.

“Through Finders’ self-approval arrangement with Aviva, we can offer beneficiaries instant insurance policies, providing them with the protection that they need from any future claims.”

To find out more about Finders please visit the Finders website at www.findersuk.com or www.trace-heirs.co.uk. Please direct any queries to Elora Feiner on 020 7067 0257 or efeiner@webershandwick.com