Unclaimed life insurance benefits could be waiting for you - KTIV News 4 Sioux City IA: News, Weather and Sports

Unclaimed life insurance benefits could be waiting for you

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Some people buy life insurance and don't tell their beneficiaries about it. Some people buy life insurance and don't tell their beneficiaries about it.
UNDATED (NBC) -

Do you think you may have been named as a beneficiary by someone who died?

According to an investigation by Consumer Reports, there's currently about one-billion dollars in life insurance benefits still waiting to be claimed by beneficiaries.

Some people buy life insurance and don't tell their beneficiaries about it.

But Consumer Reports is pointing blame at the insurance industry.

That's because when a policy holder dies, an insurance company doesn't always go looking for the beneficiaries.

If you think you may have been named as a beneficiary, visit missingmoney.com where you can search records for 38 states.

You can also visit unclaimed.org.

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