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Illinois Department of Insurance returns millions from lost insurance policies

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CHICAGO – If you believe that you’re the beneficiary of a deceased relative’s lost or missing life insurance policy, but you don’t know where to start your search, the Illinois Department of Insurance can help. This year, IDOI has already helped consumers find and collect more than $7.9 million from lost or unclaimed life insurance policies, using their Life Policy Locator. The National Association of Insurance Commissioners reports that millions of dollars in life insurance benefits remain unclaimed each year. While Illinois law does require insurance companies to attempt to find the beneficiaries of deceased policyholders when life insurance proceeds remain unpaid, IDOI’s Life Policy Locator website can assist consumers who want to begin the search on their own and
You can check for unclaimed life insurance policies at these sites:
Illinois State Treasurer:
National Association of Insurance Commissioners (NAIC) Life Insurance Policy Locator:
If you need additional assistance, you can contact the Illinois Department of Insurance at or call (866) 445-5364.

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