How to Track Unclaimed Life Insurance Policies
You may have money waiting if a loved one named you on a life insurance policy and then neglected to tell you about it. Unclaimed life insurance policies aren’t as unusual as you would think either.
According to a study by Consumer Reports, 1 out of every 600 people is the beneficiary of an unclaimed life insurance policy with an average benefit of $2,000. It could be like finding out you have a secret savings account.
This post updates previous Retiree News posts on this subject. We posted this as “Unclaimed Life Insurance Policies” under the dropdown menu “Bereavement” on the maroon bar below the header photograph.
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