Unclaimed Life Insurance Funds Search Service Nets Ohioans More Than $20,000,000

COLUMBUS – September is Life Insurance Awareness Month and Department of Insurance Interim Director Tynesia Dorsey is reminding Ohioans that they can access an online search service to determine if they may be due beneficiary proceeds from a missing life insurance policy or annuity contract.

“This is a free, easy-to-use service that I encourage Ohioans to access to find out if any funds in their name may be owed to them,” Dorsey said.

Provided by the Department of Insurance and National Association of Insurance Commissioners, the service has matched thousands of Ohioans with previously unclaimed beneficiary funds in excess of $20 million.

The Life Insurance Policy Locator at https://eapps.naic.org/life-policy-locator/#/welcome requires only basic information to get started. Individuals who believe they are beneficiaries, executors, or legal representatives of a deceased person may submit a search request. Insurance companies receive the requests, search their records, and directly contact the individual only if a match is made, typically within 90 business days.

For more information about the service visit www.insurance.ohio.gov or www.naic.org.

Leave a Reply

Your email address will not be published. Required fields are marked *