FRM-RHF.126 Finding Lost Insurance Policies and Other Valuables There is over $41.7 billion in unclaimed money and property in the United States. The Kentucky State Treasury alone holds more than $100 million in unclaimed property, just waiting to be found by the owners. This accumulation of money and property comes from banks, insurance companies, stocks, bonds, jewelry and other properties that are unclaimed or whose owners cannot be located. Also, the IRS has billions of dollars in unclaimed refunds. Searching for money can be easy and fun if you know what to do. State Treasury If you do not have Internet access, call the State Treasurer’s office at (800) 465-4722 to request a search, or send a request in writing to: Kentucky State Treasurer’s Office 1050 US Highway 127 South Suite 100 Frankfort, Kentucky 40601 Useful Web sites for tracking down unclaimed property include http://missingmoney.com and Each state has an office that collects http://www.unclaimed.org provided by unclaimed property. The Kentucky State the National Association of Unclaimed Treasurer provides a simple way of Property Administrators. Both sites offer searching for lost property. On their Web information free of charge and will site, you can type in a name to search connect you to unclaimed property Web their database. If you find a match, you sites for each state, as well as national can follow directions provided on the site unclaimed property Web sites. for completing the necessary paperwork to collect your lost property. Unclaimed Life Insurance • Ask past employers about group Benefits insurance the deceased may have purchased. Each year, millions of dollars in life • Check the deceased’s mail up to a insurance policies go uncollected year after his or her death. Often, because family members don’t know insurance companies issue annual they exist. If you statements of coverage or notice of have a family member who bought and lapsing policies. paid for life insurance, and you’re listed • Review income tax returns for the as a beneficiary, you are eligible to past two years. The deceased may receive the benefits any time after their have paid taxes on interest earned on death, even years later. It is possible the policy. that your deceased family member had • Contact all insurance companies in a life insurance policy that has not been the state in which the deceased collected; but, unfortunately, no resided. You can obtain a list of all national database keeps track of this companies authorized to do business information and, unless they know the in a state through that state’s person is deceased, insurance Department of Insurance. companies are not obligated to turn the • Due to mergers, name changes or money over to the state. location changes, insurance The American Council of Life Insurers companies may be difficult to track offers these suggestions for locating lost down. Best’s Insurance Reports, policies: available in most large libraries, • Go through the deceased’s provides an annual list of companies, paperwork, including cancelled including any name, address or checks, bank statements and address merger changes. books, and look for insurance transactions such as bills paid or received, as well as annual statements. Contact all companies the deceased had insurance with to determine if any of their policies included life insurance coverage. • Speak with the deceased’s financial advisors. Banks, lawyers and insurance agents all may be able to provide helpful information. 2 Money Finders • The finder will notify you of unclaimed property and request a percentage of the funds in return for their services. In most circumstances such as this, the money has not yet been turned over to the state. To handle it yourself, you can: check your papers for any correspondence from the company notifying you of money owed to you, negotiate with the money finders for a lower percentage, pay the money finder what they ask or wait until the money is handed to the state and claim it yourself. At some point, you may receive a letter from someone offering to find lost Good luck in your hunt for lost treasures! property for a small fee. These letters and services are not illegal, but you can easily do the same searches yourself, using the State Addresses Web sites listed above. Alabama According to the National Association of Office of State Treasurer Unclaimed Property Administrators, the Unclaimed Property Division following are ways a money finder will PO Box 302520 solicit you: Montgomery, AL 36130-2520 • The finder will send you a letter or http://www.moneyquestalabama.com/ postcard requesting a fee in exchange for information on your Alaska unclaimed property. The company State of Alaska Department of Revenue may or may not know if you have Treasury Division unclaimed property, and what you PO Box 110405 may be buying is a list of agencies Juneau, AK 99811-0405 that provide the information. This http://treasury.dor.alaska.gov/Unclaimed information is available to you, free Property.aspx of charge, through state governments. 3 Arizona Delaware Department of Revenue Department of Finance, Division of Unclaimed Property Unit Revenue PO Box 29026 820 N. French Street Phoenix, AZ 85038-9026 Wilmington, DE 19801 http://www.azunclaimed.gov/ http://revenue.delaware.gov/unclaimedpr operty.shtml Arkansas Auditor of State District of Columbia Unclaimed Property Division Office of the Chief Financial Officer 1401 W. Capitol Ave., Suite 325 Unclaimed Property Little Rock, AR 72201 1340 Pennsylvania Ave., NW, Suite 203 https://www.ark.org/auditor/unclprop/in Washington, DC 20004 dex.php/search/searchCrit http://cfo.dc.gov/service/unclaimed- property California State Controller’s Office Florida Unclaimed Property Division Division of Accounting & Auditing 10600 White Rock Road, Suite 141 Bureau of Unclaimed Property Rancho Cordova, CA 95670 PO Box 8599 http://www.sco.ca.gov/upd_msg.html Tallahassee, FL 32314-8599 http://www.fltreasurehunt.org/ Colorado The Great Colorado Payback Georgia 1580 Logan Street, Suite 500 Georgia Department of Revenue Denver, CO 80203 Unclaimed Property Program http://www.colorado.gov/treasury/gcp/ 4125 Welcome All Rd., Suite 701 Atlanta, GA 30349-1824 Connecticut https://etax.dor.ga.gov/unclaimedpropert Office of the State Treasurer y/ Unclaimed Property Division PO Box 5065 Guam Hartford, CT 06102 Treasurer of Guam http://www.ctbiglist.com/ PO Box 884 Hagatna, GU 96932 4 Hawaii Kansas Department of Budget and Finance Kansas State Treasurer Unclaimed Property Program Unclaimed Property Division PO Box 150 900 SW Jackson, Suite 201 Honolulu, HI 96810 Topeka, KS 66612-1235 http://www.ehawaiigov.org/bf/ucp/html/ https://www.kansascash.com/prodweb/u p/unclaimed-property.php Idaho Idaho State Treasurer Kentucky Unclaimed Property Kentucky State Treasury PO Box 83720 Unclaimed Property Division Boise, ID 83720-9101 1050 US 127 South, Suite 100 https://www.sto.idaho.gov/unclaimedpro Frankfort, KY 40601 perty/Search.aspx Toll-free: (800) 465-4722 Fax: (502) 564-6545 Illinois https://secure.kentucky.gov/treasury/unc Office of the State Treasurer laimedproperty/ Unclaimed Property Division PO Box 19495 Louisiana Springfield, IL 62794-9495 Department of the Treasury https://icash.illinois.gov/ Unclaimed Property Division PO Box 91010 Indiana Baton Rouge, LA 70821 Office of the Attorney General http://www.treasury.state.la.us/Home%2 Unclaimed Property Division 0Pages/UnclaimedProperty.aspx PO Box 2504 Greenwood, IN 46142 Maine https://indianaunclaimed.gov/apps/ag/uc Office of the State Treasurer p/index.html Attn: Unclaimed Property 39 State House Station Iowa Burton M. Cross Office Bldg., 3rd floor Great Iowa Treasure Hunt 111 Sewall St. Lucas State Office Building Augusta, ME 04333-0039 321 E. 12th St., 1st Floor http://www.maine.gov/treasurer/unclaim Des Moines, IA 50319 ed_property/ https://www.greatiowatreasurehunt.com/ 5 Maryland Mississippi Comptroller of Maryland Office of the State Treasurer Unclaimed Property Unclaimed Property Division 301 W. Preston St., Room 310 PO Box 138 Baltimore, MD 21201 Jackson, MS 39205-0138 http://comptroller.marylandtaxes.com/P http://www.treasurerlynnfitch.com/Uncla ublic_Services/Unclaimed_Property/ imedProperty/ Massachusetts Missouri Department of the State Treasurer State Treasurer Abandoned Property Division Unclaimed Property Division One Ashburton Place, 12th Floor PO Box 1004 Boston, MA 02108-1608 Jefferson City, MO 65102 http://www.mass.gov/treasury/unclaimed http://treasurer.mo.gov/UnclaimedPrope -prop/ rty/ Michigan Montana Michigan Department of Treasury Department of Revenue Unclaimed Property Division Unclaimed Property PO Box 30756 PO Box 5805 Lansing, MI 48909 Helena, MT 59604-5805 http://www.michigan.gov/treasury/0,160 https://revenue.mt.gov/home/businesses/ 7,7-121-44435---,00.html unclaimed_property Minnesota Nebraska Minnesota Department of Commerce Office of the State Treasurer Unclaimed Property Program Unclaimed Property Division 85 Seventh Place East 809 P St St. Paul, MN 55101 Lincoln, NE 68508-1390 http://www.commerce.state.mn.us/DOC_ https://treasurer.nebraska.gov/up/ Unclaimed_Property_Lookup.htm Nevada Office of the State Treasurer Unclaimed Property Division 555 E Washington Avenue, Suite 4200 Las Vegas, NV 89101 http://www.nevadatreasurer.gov/Unclaim ed_Property/UP_Home/ 6 New Hampshire North Dakota State Treasury ND Department of Trust Lands Abandoned Property Division Unclaimed Property Division 25 Capitol Street, Room 121 PO Box 5523 Concord, NH 03301 Bismarck, ND 58506-5523 http://www.nh.gov/treasury/Divisions/A https://land.nd.gov/unclaimedproperty/ P/APIndex.htm?inc=P Ohio New Jersey Department of Commerce Department of the Treasury Division of Unclaimed Funds Unclaimed Property Administration 77 South High Street, 20th Floor PO Box 214 Columbus, OH 43215-6108 Trenton, NJ 08625-0214 http://www.com.ohio.gov/unfd/ http://www.unclaimedproperty.nj.gov/ Oklahoma New Mexico Oklahoma State Treasurer Taxation & Revenue Department Unclaimed Property Division Unclaimed Property Division 2300 N.