Life Insurance Locator

Unclaimed Policy Benefits Owed Missing Heirs & Lost Beneficiaries

Unclaimed Life Insurance Policy Benefits and Annuities

Estimates are $2.4 billion dollars in life insurance policy benefits and annuity payments go unclaimed each year, because beneficiaries and heirs fail to notify the insurer of a policy owner's death. Family members often aren't aware a policy exists, or don't know how to track it down.

The Uniform Unclaimed Property Act of 2016 establishes guidelines for the presumption of abandonment of life insurance and annuity payouts; the remittance of these unclaimed funds to government trustees, and beneficiary reunification procedures.

The Act, along a recent legal settlement reached with major insurance underwriters, mandates a more diligent effort be made to locate missing claimants. Name changes after marriage or divorce, an unreported change of address or expired postal forwarding order after a move, and incomplete or illegible records complicate the task, however.

► If you have reason to believe a life insurance policy exists but have not received payment, complete the form below to initiate a search.