A new state law will help make sure insurance companies properly pay death benefits to families. After discovering that insurers have not paid out millions of dollars in death benefits, State Treasurer Mike Frerichs has been leading the charge to get that money to the proper beneficiaries.
Additionally, Governor Bruce Rauner is announcing a new online service where you can check to see if you are a beneficiary of a policy or annuity lefty by a loved on who had died. The website is www.insurance.illinois.gov