INS-KYC-002High Risk
identity/KYC
Red Flag
Applicant for a life insurance policy uses a Social Security number that belongs to a deceased individual, or the number shows no credit history or prior tax filings.
Industry
Insurance Companies
Transaction Type
other
Customer Type
individual
Category
Regulatory Source
Document:FIN-2008-G001 Insurance Red Flags
Type:FinCEN Guidance
CFR Citation:31 CFR §1025.210
SAR Category:Identity theft
FinCEN Key Term:Deceased SSN
Last Verified:2026-04-15
This red flag is provided for informational and educational purposes only. It is not legal, regulatory, or compliance advice. Always consult the official source document and a qualified compliance professional for guidance specific to your situation.