Unclaimed Benefits

What is it? Policy benefits for which no payee can be found. Under typical state statutes for unclaimed property, when an insurer cannot locate anyone entitled to policy benefits, the insurer will hold the unclaimed benefits for seven years and then turn them over to

Added By: Alyssa

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We hope you now understand the meaning of Unclaimed Benefits. If you need any more information on this term, please don't hesitate to contact us.