By Life Quotes, Inc. Staff

Retirees who return to the workforce may be able to invest their earnings in a life insurance policy.

That’s what Lon Settje did, according to a recent report by the Chicago Tribune. The retiree went back to work part-time at Target because he wanted to spend more time around people. When he died, he left a pension, 401(k) plan and life insurance policy to his wife.

Joan Settje encountered trouble when she tried to initiate a claim on the policy. A representative for the insurer first told her that Target had not submitted the appropriate documents for the coverage. She was then told by Target that her husband did not have a policy, despite an earlier letter from the company saying he did, the article reports.

Months later, Settje was able to secure a check for her husband’s $3,600 annual salary.

“They said they looked into it further and, yes, he had been enrolled in a company policy,” Settje says in the article. “They apologized for not getting back to me and straightening out this matter.”

Choosing a reliable life insurance agent may be one way to avoid these hassles. The Insurance Information Institute recommends persons considering a life policy consult someone who understands their financial situation and can easily explain their options.

This article was originally published by Life Quotes, Inc.