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...] about States Pushing Life Insurers on Unclaimed Death Benefits
Unclaimed Death Benefits
A death benefit because of a life insurance company 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 the proceeds of unclaimed death benefits to unclaimed property funds if they know that an insured has passed … [Read more...] about Unclaimed Death Benefits
