Looking for abandoned life insurance
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Once a property holder is identified, the insurance company is notified and given one final opportunity to return the money. Verus’ mission is to conduct complex unclaimed property audits of national financial institutions, including insurance companies.The firm audits, identifies, collects and delivers unclaimed property from life insurance companies that are required to report and deliver property under the RI Unclaimed Property Law. It is one of three audit firms the state works with to track down money owed to Rhode Islanders. Rhode Island is one of 45 states, as well as the District of Columbia, working with Verus Financial to conduct audits of 13 different life insurance companies in an effort to recover abandoned life insurance property. Holding life insurers accountable is one of several ways that Treasury is helping people find their missing money. These items are now available for sale and are posted for your review on our eBay site.ĭid you receive an unclaimed property notice like this Post Card(pdf)? The Comptroller's team sends out notices quarterly in an effort to connect rightful owners with their property.When it came to Treasury’s attention that life insurance companies may have unclaimed funds owed to Rhode Islanders, we stepped in on their behalf to give them an opportunity to recover the money.
#LOOKING FOR ABANDONED LIFE INSURANCE FREE#
You can search our records online free of charge.Īs a proud board member of the National Association of Unclaimed Property Administrators (NAUPA), I will continue to look for new and innovative ways to proactively reunite every Marylander with their unclaimed property.
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The owners/companies or their legitimate heirs can claim the funds at any time. Over the years, we have reunited over $1 billion in cash and items to their rightful owners. Here at the Comptroller's Office we take our responsibility to locate the owners of unclaimed property very seriously. Real property is not included.Īll money collected from auctioned items is kept for the original owner (or rightful heirs) and can be claimed at any time. The Comptroller's Office tries to locate the rightful owners of stocks, bonds, savings accounts, security deposits, contents of safe deposit boxes, insurance proceeds and other valuables which are reported to us as unclaimed by banks and other financial institutions after three years. As Comptroller, one of my top priorities is reuniting Marylanders with their lost or misplaced property.
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Welcome to the Maryland Unclaimed Property Web site.