ILLINOIS — Families can now find their loved ones’ lost life insurance policies quicker.
The Life Insurance Locator allows beneficiaries to submit a copy of the death certificate.
The Department of Insurance will contact nearly 500 companies to search for records of the person’s policy and beneficiaries will receive information within 30-days.
It’s responded to more than 400 requests so far. Families have claimed nearly $2 million with the help of the locator since July, 2016.