Escheat Risk Management: What A/P Managers Need to Know!

(a) Comparison.--An insurer shall implement procedures for performing a comparison of its insureds' in-force life insurance policies, contracts and retained asset accounts

Upon such notice, an insurer shall immediately submit the unclaimed life insurance benefits or unclaimed retained asset accounts, plus any applicable accrued interest, to the

reasonable search efforts during the period of up to one (1) year after the insurer's validation of the Death Master File match or, if no beneficiary, if the person, as applicable

(1) An insurer shall perform a comparison of life insurance policies, annuity contracts, and retained asset accounts that are in force for its insureds against a death master file on

The requirements of the Unclaimed Life Insurance Benefits Act shall be applicable only to life insurance policies, annuity contracts and retained asset accounts issued and

Abstract: Enacts the "Unclaimed Life Insurance Benefits Act", requiring life insurers to periodically perform a comparison of their in-force life insurance policies to

• Site 494, Green Lane, MUA. This performs better than site 836. Taking into account the above, Avant Homes are concerned that the Sustainability Appraisal and

• Rhode Island HB 5452 – requires life insurers to perform death master file comparison semi-annually on in-force policies and retained asset accounts & if benefits due,