forgotten life insurance

Unclaimed Assets: Money The Government Owes You!

Life Insurance Demutualization Distributions

unclaimed policy

Unclaimed Life Insurance Demutualization Payments


Generally it is the job of surviving family members to notify the insurance company of a policy owner's death. More than one-quarter of all life insurance policy benefits go unclaimed on death of the insured, because family members simply aren't aware a policy exists, or don't know how to find it.

Policyholders may also be entitled to an unexpected windfall. As a growing number of mutual life insurance companies - including MetLife, John Hancock, Prudential and others - have converted to stock ownership, millions of current and former policyholders and heirs are entitled to receive stock and cash, in addition to policy benefits.

When John Hancock demutualized, it did not have current addresses for 400,000 policyholders. Prudential could not locate 1.2 million policyholders, and sixty million shares of MetLife arising from its demutualization went unclaimed.

By law, unclaimed policy benefits and demutualization compensation are held in trust until claimants come forward. Last year alone, trustees took custody of $22.8 billion, of which less than $1 billion was claimed by owners and heirs.

If you have reason to believe a policy exists but have not received payment, complete the form below to initiate a search.

Missing Life Insurance Policy Search
E-mail:   Please enter carefully!
Zip Code: 
Search Information
Select Company Name [if known]:    
Policyholder's Name:  
Policyholder's State of Residence:  

Additional information or special instructions:

There is an $18 fee for this service. Payment Information:
Credit Card:  
Card #:   Enter as four groups of four numbers   xxxx xxxx xxxx xxxx
Expiration:   Enter month and year - xx / xx
Card Security Code:  

Three digits on back of credit card by the signature box

Delivery Options
Send results via e-mail [recommended]
Send results via USPS First Class Mail [add $4]

Search for other types of unclaimed funds:
1996 - 2013 National Unclaimed Property Associates. Copyright strictly enforced. We are not affiliated with any other agency or organization.