http://www.libnat.com, Massachusetts Mutual Life Insurance Co. An unclaimed life insurance policy occurs when someone who has life insurance passes away, and their beneficiary does not claim their death benefit. (714) 640-3011 Paying benefits is the most important act a life insurance company can perform. }. http://company.monster.com/oldline, Pacific Mutual Life Insurance Company Here’s why you should check for unclaimed life insurance policies: Finding an unclaimed life insurance policy can be difficult. There are many reasons for life insurance policies to go unclaimed. Some life insurance policyholders name a beneficiary but fail to provide their contact information, which means the insurance company can’t track down the beneficiary. Numerous states have adopted their own versions of the NCOIL Model Act since its inception. P.O. And Florence says the service is paying off. New rules taking effect in 2012 require a more diligent effort, but estimates are $1 billion in unclaimed life insurance among the major underwriters. http://www.metlife.com, Midland National Life Insurance Company There are dozens of life insurance companies on the market, and currently, there isn’t a database that houses information about every life insurance policy in effect. (816) 753-8000 One State Farm Plaza http://www.mony.com, New York Life Insurance Company If you have a life insurance policy, make sure your beneficiaries know. If you’re wondering how to find a life insurance policy, here are some ways you can look for unclaimed life insurance funds: First, look through the person’s insurance policy documents and see if you can find anything about a life insurance policy. If you think you might be someone’s life insurance beneficiary, it’s a good idea to search for a lost life insurance policy. Bloomington, IL 61710 margin-top: 0%; (414) 271-1444 Newark, NJ 07102-3111 Every year, millions of dollars in life insurance proceeds are unclaimed—simply because the beneficiaries don’t know about the policies. http://www.pacificlife.com, Phoenix Home Life Mutual Insurance Co. Minneapolis, MN 55440-0010 } .hero__headline { .hero { bottom: 0%; (309) 766-2311 (515) 247-5111 You can also contact financial advisors, attorneys, accountants or other financial professionals who may have information about the person’s life insurance. } 1750 Hennepin Avenue If the deceased ever applied for a life insurance policy, it will be recorded in the MIB database. http://www.equitable.com, Farmers New World Life Insurance Co. 3003 77th Avenue S.E. New York, NY 10019 Sources very conservatively estimate £2bn is languishing in forgotten and unclaimed life policies around the UK. 3 million lost stockholders, HUD – $70 million Wilmington, DE  19801 New York, NY 10010-3690 All insurance products are governed by the terms, conditions, limitations and exclusions set forth in the applicable insurance policy. California’s Unclaimed Property Law requires banks, insurance companies, corporations, and certain other entities to report and submit their customers’ property to the State Controller’s Office when there has been no activity for a period of time (generally three years). } @media only screen and (max-width: 40em) { The Insurance policies involved are/were under the following programs: Because it is the job of beneficiaries to notify the life insurance company of a policy owner’s death, more than one-quarter of all life insurance policy benefits go unclaimed, because family members simply aren’t aware a policy exists or don’t know how to find it. Sometimes life insurance benefits are left unclaimed after a policyholder dies. Box 2999 Omaha, NE 68124 transform: scale(1); Some state insurance departments will help you find a lost life insurance policy. Fort Wayne, IN 46801 http://www.chubb.com, Connecticut General Life Insurance Company What is more, this is an easily preventable outcome. Box 2226 As many as one-third of all life insurance policy benefits go unclaimed on death of the insured, because heirs often aren’t aware a policy exists, or don’t know how to find it. All decisions regarding any insurance products, including approval for coverage, premium, commissions and fees, will be made solely by the insurer underwriting the insurance under the insurer’s then-current criteria. If you have reason to believe a life insurance policy exists but have not received payment, go to Missing Life Insurance Policy Search, AIG Life Insurance Company Even if your insurance company no longer exists, payments of up to $300,000 are possible from state insurance guaranty associations. , about 30-40 % of these policies go unpaid or unclaimed insurance policies also exist because the insurance company.... 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