Nearly $20 million has been returned to Illinois consumers so far this year, thanks to the Life Policy Locator service offered by the Illinois Department of Insurance. This online tool assists state residents in finding lost or unclaimed life insurance policies and annuities that may belong to them or their loved ones. The department encourages anyone who suspects they may be entitled to such benefits to take advantage of this free resource, which can be accessed through the department’s official website. For many families, these recovered funds provide much-needed financial relief during difficult times.
“September is Life Insurance Awareness Month, an ideal time to remind Illinoisans to use the free Life Policy Locator tool on our website if they believe they are the beneficiary of a deceased loved one’s unclaimed policy,” said IDOI Director Ann Gillespie. “Illinois requires insurance companies to attempt to find the beneficiaries of deceased policyholders when life insurance or annuity proceeds remain unpaid. We want to help people claim those benefits.”
If you need additional assistance, contact the Illinois Department of Insurance at DOI.LifePolicyLocator@
