IDOI Helps Illinois Life Insurance Consumers Collect More than $8.5M

Lawndale News Chicago's Bilingual Newspaper - Health

The Illinois Department of Insurance (IDOI) announces that its Life Policy Locator helped return to consumers more than $8.5 million in lost or unclaimed life insurance policies and annuities this year. As Life Insurance Awareness Month comes to a close, the Department encourages anyone who believes they are a beneficiary of a deceased relative’s unclaimed policy to use the free locator tool on its website. The National Association of Insurance Commissioners (NAIC) reports that millions of dollars in life insurance benefits remain unclaimed each year. You can check for unclaimed life insurance policies at these sites:

• IDOI: Life Policy Locator

• Illinois State Treasurer: https://icash.illinoistreasurer.gov/

• National Association of Insurance Commissioners (NAIC) Life Insurance Policy Locator: Life Insurance Policy Locator (naic.org)

If you need additional assistance, you can contact the Illinois Department of Insurance at DOI.LifePolicyLocator@illinois.gov or call (866) 445-5364.

Comments are closed.