Articles on Finding Lost Life Insurance
Lost Life Insurance
About Lost Life Insurance
So called "Lost Life Insurance" represents millions of dollars in money that is sitting in the coffers of a life insurance company or in the Unclaimed Property funds of your state government. Either way, this Lost Life Insurance money could, and should go to better use in the pockets of the people who deserve it... You.
What Happens to Lost Life Insurance?
When an insurance company cannot contact a beneficiary of a life insurance policy, they are required to turn the money over to the state where the insured person last resided. This money will sit there, used by the state government, until someone claims it. Any claims submitted to either the state or the insurance company will be honored at that time and payment issued to the legal beneficiaries.
How Do I Know I am Not Owed Lost Life Insurance?
There is only one way to find out for certain if you are owed any money from lost life insurance. That is to contact every known life insurance company and request the information from each. Then they will scour their database for the information and, if found, send you the information to help you claim your lost life insurance money.