DOI Helps Illinois Life Insurance Consumers Collect More than $15 Million in 2019
DOI Helps Illinois Life Insurance Consumers Collect More than $15 Million in 2019
The Illinois Department of Insurance can help you find out if you’re owed a portion of the millions of dollars in life insurance benefits that go unclaimed every year. So far in 2019, IDOI has helped consumers find and collect more than $15 million from lost or unclaimed life insurance policies.
According to a press release, an estimated 1-in-4 life insurance policies go unpaid when an insured person dies because family members aren’t aware a policy exists, don’t know which company issued it, or can’t find the paperwork.
It’s already the law in Illinois that insurance companies must attempt to locate the beneficiaries of deceased policyholders when life insurance proceeds remain unpaid, but IDOI makes it simple for consumers to search on their own.
Here in Illinois, you can check for unclaimed life insurance policies at these sites:
• IDOI: https://insurance.illinois.gov/Applications/LifePolicyLocator/
• Illinois State Treasurer: https://icash.illinoistreasurer.gov/
• National Association of Insurance Commissioners (NAIC)
Life Insurance Policy Locator: https://eapps.naic.org/life-policy-locator/#/welcome
If you need additional assistance, please contact the Illinois Department of Insurance at DOI.LifePolicyLocator@illinois.gov or call (866) 445-5364.
Latest Stories
- Roseland Ceasefire Encouraged by Decrease in Gun Violence Despite Federal Cuts
- ALDERMAN STEPHANIE COLEMAN TO BE JOINED BY MAYOR BRANDON JOHNSON, U.S. CONGRESSMAN JONATHAN JACKSON, AND VARIOUS ELECTED LEADERS IN KICKING OFF THE FIFTH ANNUAL ENGLEWOOD MUSIC FESTIVAL
- RainbowPUSH Coalition and The Church of Jesus Christ of Latter-day Saints to Distribute 2,000 Bags of Food to Families in Need on Saturday
- Rainbow PUSH Coalition Urges Americans to Unite in Prayer, Solidarity, and Denouncement of Violence on the 24th Anniversary of the 9/11 Terrorist Attacks
- MATTESON MAYOR TO BECOME THE FIRST AFRICAN AMERICAN WOMAN TO HEAD THE ILLINOIS MUNICIPAL LEAGUE
Latest Podcast
Quandra-Urban Market Exchange
