How can you find out if you are the beneficiary on a policy? This question is popular among people who have lost their deceased. Although life insurance is usually taken to protect families against loss of income some policyholders fail to inform the benefactors of these benefits of the policy’s existence.
It is estimated that there is over $1 billion of unclaimed life insurance proceeds from North American insurance companies.
Every year insurance companies forward unclaimed life insurance proceeds to state governments after it remains unclaimed for 3 years in some states but this period varies from state to state.

There is no easy way to find out this information but doing the following steps could assist you in finding out the life insurance policies of deceased: