Prudential - Unclaimed Policy Benefits Search

Prudential Insurance Settlement for Missing Beneficiaries and Lost Heirs

Prudential Life Insurance Claims

Unclaimed property audits undertaken by a number of states revealed many major life insurance companies failed to pay death benefits to beneficiaries, despite having confirmation policyholders were deceased. Additionally, some companies continued charging premiums, deducting payments from the policies' cash reserves until depleted, at which time the policy would be cancelled.

Insurance Companies participating in the Global Life Insurance Settlement  include: AIG, Allianz, Aviva, Forethought, Genworth, Hartford, ING, John Hancock, Lincoln National, MetLife, Midland National, Nationwide, New York Life, Northwest Mutual, Pacific Life, Prudential, Symetra, TIAA-CREF, Transamerica and Western & Southern.

Prudential: Prudential companies include: Prudential Insurance Company of America, Pruco Life Insurance Company, Pruco Life Insurance Company of New Jersey, Prudential Retirement Insurance and Annuity Company, and Prudential Annuities Life Assurance Corporation, formerly known as America Skandia Life Assurance Corporation.

Under the agreement {Prudential Insurance Claims Settlement} Prudential will restore the full value of impacted accounts, and work to ensure unpaid life insurance and annuity benefits are  paid to beneficiaries or custodians acting on their behalf.

Prudential agreed to fully comply with state unclaimed property statutes going forward. In the event Prudential finds a policyholder is deceased and no contact with a beneficiary has been established established, the company will remit the policy proceeds to a government custodian, where they will be held available to be reclaimed in the future.

Note Prudential policyholders, by virtue of the company's demutualization in 2000, may be entitled to collect cash and stock in addition to policy benefits. Go to: Prudential Demutualization Compensation