Life Insurance Demutualization Unclaimed Policy Benefits Search

Missing Life Insurance Policy Holder Search
Demutualization Claims: Lost Life Insurance - Missing Policyholder Search


Unclaimed Life Insurance Policy Holder Search - Unclaimed Demutualization Compensation

Demutualization is the process of converting a mutual life insurance company, which is owned by its policyholders, into a publicly traded stock company owned by shareholders, pursuant to a plan of conversion approved by policyholders and government regulators.

Mutual life policyholders (and heirs) continue to be entitled to receive whatever policy benefits may be due, but in addition receive stock, cash and/or policy credits in exchange for their ownership interest in the old mutual insurance company.

The amount paid to each policyholder is based on a number of factors, including length of time the policy has been in force, face value of the policy, and total premiums paid. For many policyholders, the windfall arising from demutualization can be substantial.

Between one-quarter and one-half of all life insurance policies go unclaimed, because it is generally up to family members to notify the insurance company when a policyholder dies, and virtually no effort is made to find lost beneficiaries.

By law, unclaimed demutualization compensation is remitted to the custody of a government trust account until claimants come forward.

Current and former policyholders and their heirs - the majority of whom are unaware they're entitled to unclaimed stock and/or cash - should initiate a database search

Demutualized Mutual Life Insurance Search

 Click to search for a missing policy
select a life insurance company below:

Allmerica Life Insurance
American Mutual Life
Amerus Life Insurance
Anthem Life Insurance
Axa Life Insurance
Central Life Assurance
Equitable Life Insurance
General American Life
Indianapolis Life Insurance
John Hancock Life Insurance
Manufacturers Life - Manulife
Metropolitan Life - MetLife

Mutual of New York Life - MONY
Mutual Service Life
Nationwide Life Insurance
Northwestern Life Insurance
Phoenix Life Insurance
Principal Life Insurance
Provident Mutual Life
Prudential Life Insurance
Standard Life Insurance
State Mutual Life - Allmerica
Sun Life Insurance
Unum Mutual - Unum