Northwestern Mutual Life Insurance Unclaimed Policy Benefits Search

Northwestern Mutual Life Insurance - Unclaimed Policy Benefits Search


Northwestern Mutual Life Insurance Settlement for Missing Beneficiaries and Lost Heirs

Northwestern Mutual  Life Insurance Claims

Estimates are $2.4 billion dollars in death benefits owed beneficiaries and heirs of deceased life insurance policyholders goes unclaimed each year.

Heirs of deceased policyholders and annuity owners may be entitled to receive compensation arising from a 2012 legal settlement  between states and a number of underwriters.

Unclaimed property audits undertaken by a number of states revealed many major life insurance companies failed to pay death benefits to beneficiaries, despite having confirmation policyholders were deceased. Additionally, some companies continued charging premiums, deducting payments from the policies' cash reserves until depleted, at which time the policy would be cancelled.

Insurance Companies participating in the Global Life Insurance Settlement  include: AIG, Allianz, Aviva, Forethought, Genworth, Hartford, ING, John Hancock, Lincoln National, MetLife, Midland National, Nationwide, New York Life, Northwest Mutual, Pacific Life, Prudential, Symetra, TIAA-CREF, Transamerica and Western & Southern.

Northwestern Mutual: Northwestern Mutual companies include: Northwestern Mutual Life Insurance Company; Northwestern Long Term Care Insurance Company.

Under the agreement {Northwestern Mutual Life Insurance Claims Settlement} Northwestern Mutual agreed to restore the full value of impacted accounts dating back to 1995, and pay policy beneficiaries 3% compounded interest on the value from 1995 or the date of the owner’s death, whichever is later.

Northwestern Mutual further agreed to reform its business practices to ensure life insurance, annuity, and retained asset account benefits are promptly paid going forward.

In the event Northwestern Mutual finds a policyholder is deceased and no contact with a beneficiary has been established established, the company will remit the policy proceeds to a government custodian, where they will be held available to be reclaimed in the future.

Northwestern Mutual Life Insurance Claims

Search for a lost Northwestern Mutual Life insurance policy

Note Northwestern Mutual policyholders, by virtue of the company's demutualization in 1989, may be entitled to collect cash and stock in addition to policy benefits. Go to: Northwestern Demutualization Compensation


AIG John Hancock Northwest Mutual
Allianz Kemper Pacific Life
Aviva Lincoln National Prudential
Forethought MetLife Symetra
Genworth Midland National TIAA-CREF
The Hartford Nationwide Transamerica
ING New York Life Anico / Thrivent Financial