As a result of recent unclaimed property audits, multi-state regulatory settlements and class-action lawsuits surrounding policyholders, more and more insurance companies now have a system in place to proactively search for and communicate with policyholders and heirs of deceased holders. Many insurance companies, however, are beginning to realize that developing a comprehensive location and outreach process internally is costly and time-consuming, especially with regard to lost or hard-to-find policyholders. In addition, it is not unusual for insured individuals to pass away without letting beneficiaries know about the existence of a life insurance policy.

Connect’s cost-free Asset Rescue for Insurance is designed to help augment the internal processes of an insurance company’s efforts to find and communicate with policyholders and heirs of deceased holders. Through our program, we will find and contact these individuals and provide them with the assistance they need in claiming their entitlement. Connect’s accurate and effective research and outreach capabilities can help insurance companies to offset the costs associated with finding and communicating with beneficiaries, while providing a valuable service to lost or unaware beneficiaries.