Unclaimed Life Insurance at Life

Unclaimed Life Insurance. There were over $7.4 billion in unclaimed life insurance payouts in 2016, according to a report by usa today. It is the responsibility of beneficiaries to notify the life insurance company when a policy owner dies.

On 31 december 2015 this changed from 3 years. Unclaimed life insurance policies also exist because the insurance company simply doesn't know that the insured person has died. Unclaimed life insurance money, home beneficial life insurance unclaimed, unclaimed life insurance in california, life insurance unclaimed death benefits, life insurance policy unclaimed property, unclaimed insurance money, unclaimed life insurance policyholder.

Unclaimed billions Are you owed a life insurance payout?

Even so, missing heirs can be difficult to find, due to name changes after marriage or divorce, an unreported change of address or expired postal forwarding order after a move, and incomplete or illegible records. Unclaimed life insurance money, home beneficial life insurance unclaimed, unclaimed life insurance in california, life insurance unclaimed death benefits, life insurance policy unclaimed property, unclaimed insurance money, unclaimed life insurance policyholder. There are billions of dollars of unclaimed life insurance money in the u.s. An unclaimed life insurance policy may be the result of incomplete or outdated beneficiary information, which can make it difficult for the insurance company to track a beneficiary down.