States Pushing Life Insurers on Unclaimed Death Benefits
A Life Insurance Company to Hold Money. Loopholes that allow a life insurance company to hold money due to beneficiaries until that person notifies the insurer that a policyholder has died are tightening and, according to a Wall Street Journal report, that means more than $1 billion in unclaimed death benefits could be coming to … [Read more...]
Unclaimed Life Insurance Death Benefit Lawsuit
A life insurance company’s failure to inform Have you been denied a death benefit because of a life insurance company’s failure to inform you that an insured had passed away? Many states require insurers to turn over has the proceeds of unclaimed death benefits to unclaimed property funds if they know that an insured passed away, but … [Read more...]
