Is Life Insurance Owed to You in 2012?
According to the Wall Street Journal, with some interesting information earlier this week in their article, "Are you worthy of life insurance" by Leslie Scism. State officials estimated that about 1 billion dollars sitting on the books of life insurance companies.They believe that some of the money was sitting there for decades. This raises an important question, who do not belong to this money?
State officials, treasurers, auditors and lawyers working together to investigate the books of life insurance companies and determine exactly what is being done with the money. They want to make sure insurance companies do not violate any laws. May be some death using a database to cut Social Security retirement income checks of the owners of the pension but do not use this information to determine whether the benefits accrued holders death. Life insurance companies claim that they follow the laws but they dispersed most of the insurance contracts that the State must file the claim before death.
Once I started chasing the organizational, some insurance companies using the database of information and determine who is owed payments. As a result, some are calculated billion (1) According to statements from regulators and the public filings.There is still a large part of the money missing, but there are ways for consumers to determine whether they are payable in the event of death. In all parts of the country, and several departments of State and the insurance and the organization of programs to help beneficiaries find their money. In November, launched a life insurance company MetLife, the insurance company in the country in terms of assets greater life, a site to help people determine whether their families had left their money. The site is useful for many people looking for answers when it comes to death benefits.
