State of Illinois
09/30/2026 | Press release | Distributed by Public on 10/01/2026 09:32
Illinois Department of Insurance Returns over $9 Million to Consumers
September is Life Insurance Awareness Month
Chicago -
The Illinois Department of Insurance (IDOI) announces the return of $9.3 million to consumers this year through its Life Policy Locator service for lost or unclaimed life insurance policies and annuities.
The Illinois Department of Insurance (IDOI) announces the return of $9.3 million to consumers this year through its Life Policy Locator service for lost or unclaimed life insurance policies and annuities.
"When families lose a loved one, they may not be aware of the life insurance benefits and annuities their deceased family member purchased for financial security," said IDOI Director Ann Gillespie. "We want to help Illinoisans collect the funds they're entitled to receive, and our Life Policy Locator is available at no charge."
Under Illinois law, insurance companies must attempt to find the beneficiaries of deceased policyholders when life insurance or annuity proceeds remain unpaid.
The National Association of Insurance Commissioners (NAIC) reports that millions of dollars
in life insurance benefits remain unclaimed each year.
Search for unclaimed life insurance policies and annuities at these sites:
IDOI's consumer insurance resources:
State of Illinois published this content on September 30, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on October 01, 2026 at 15:32 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]