Official Newspaper of Eddy County since 1883

Savvy Senior: How to track down an unclaimed life insurance policy

Dear Savvy Senior,

When my dad died, we thought he had a life insurance policy, but we have no idea how to track it down. Any suggestions?

Searching Son

Dear Searching,

Lost or forgotten life insurance policies are very common in the U.S. According to a study by Consumer Reports, one out of every 600 people is the beneficiary of an unclaimed life insurance policy with an average benefit of $2,000....