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Unclaimed Money Myths
Myth 1: Hardly anyone is owed unclaimed cash, so why bother looking?
Actually, if you've ever quit or retired from a job, opened a bank account, paid taxes, made a security deposit, purchased a gift card or rented a house or apartment, you might be owed money.
Myth 2: Even if I have an unclaimed account, it's probably worthless
Unclaimed money often takes a long time to expire—you're still entitled to that security deposit to a utility company you paid 30 years ago.
Myth 3: Once someone dies, their unclaimed money is gone for good
Insurance companies are sitting on $7.4 billion in unpaid life insurance benefits.1 If you're the legal heir, you have every right to search for and recover unclaimed cash on your loved one's behalf.
Myth 4: It's expensive to recover unclaimed cash
It costs you nothing to claim it. In most cases, you can file your claim online and wait for your check to arrive. If you’re owed a large amount, you may have to show proof of identity.
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Actually, if you've ever quit or retired from a job, opened a bank account, paid taxes, made a security deposit, purchased a gift card or rented a house or apartment, you might be owed money.
Unclaimed money often takes a long time to expire - you're still entitled to that security deposit to a utility company you paid 30 years ago.
Insurance companies are sitting on $7.4 billion in unpaid life insurance benefits.1 If you're the legal heir, you have every right to search for and recover unclaimed cash on your loved one's behalf.
It costs you nothing to claim it. In most cases, you can file your claim online and wait for your check to arrive. If you’re owed a large amount, you may have to show proof of identity.
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