Report: One-Fourth of Life Insurance Benefits Never Claimed

InsureMe offers strategies for finding lost insurance policies

Most people store their life insurance policy in a safe, yet accessible location: at the bank, at home under lock and key or in a safe deposit box. But what happens when the policyholder tucks documents away in a more obscure location--and neglects to tell anyone where they're hidden?

According to MissingAssets.com, an online site that aids consumers in finding missing and unclaimed property, more than one-fourth of life insurance benefits go unclaimed. This is mostly due to the fact that family members can't locate missing policies--or aren't even aware they exist...

PRweb: Report: One-Fourth of Life Insurance Benefits Never Claimed