Tennessee Locates Over $107 Million in Life Insurance Benefits in 2025

The Tennessee Department of Commerce and Insurance (TDCI) located $107,757,080 in life insurance benefits for Tennesseans in 2025. According to the TDCI, these funds were identified through the National Association of Insurance Commissioners (NAIC) Life Insurance Policy Locator Service between Jan. 1, 2025, and Dec. 31, 2025.

This total breaks the previous state record of $87.67 million established in 2024. The free service helps beneficiaries, executors, and legal representatives find annuity contracts and life insurance policies belonging to deceased family members, friends, or clients.

Did You Know? The $107.7 million located in 2025 represents a significant increase over the 2024 record of $87.67 million.

How do Tennesseans find lost life insurance policies?

The TDCI recommends that individuals first review the financial records of the deceased to identify payments made to insurance companies. If records are found, the TDCI suggests calling the insurance company directly.

If direct searches fail, users can complete the NAIC’s online request form. The NAIC then distributes the policyholder’s information to every licensed life insurance company in the United States to check for matching records.

Expert Insight: Samantha Carter notes that the ability to recover these funds is critical because, as indicated by TDCI leadership, these policies are specifically designed to mitigate the immediate financial shocks of death, such as funeral costs and medical bills.

What happens after a search request is filed?

Insurance companies have 60 days to respond if a match is found. According to the TDCI, companies will contact the requestor directly, provided the person is a designated beneficiary or is legally authorized to receive the information.

Tennessee Department of Commerce and Insurance secures millions for people with denied claims

The TDCI clarified that the service only tracks matches reported by companies. It does not track beneficiary information or actual claim payments, meaning the exact amount of money returned to consumers is not determined by the service.

Why does the recovery of these benefits matter?

TDCI Commissioner Carter Lawrence stated that these policies are intended to cover financial obligations and burdens that arise after the loss of a loved one. Lawrence noted that he is encouraged by the number of Tennesseans claiming these benefits.

Because the service is free, it may continue to serve as a primary tool for families to ease the financial pressure of medical bills and funeral expenses. Future totals could fluctuate based on the number of requests filed through the NAIC system.

Frequently Asked Questions

Who is eligible to use the Life Insurance Policy Locator Service?
Beneficiaries, executors, or legal representatives of deceased individuals may use the service.

Is there a fee to search for lost policies?
No, the NAIC Life Insurance Policy Locator Service is a free service.

How long does it take to get a response from an insurance company?
If a match is found, the insurance company will respond within 60 days.

Do you know where the important financial documents for your estate are located?