Contact us if you think you have unclaimed property at Beneva, such as annuities or a life insurance policy. We’ll check if there are any forgotten funds.
What exactly is unclaimed property?
Property becomes unclaimed when contact is lost with its owner, like after a move, death or error in communication between the person and institution holding the property (bank or insurance company).
Life insurance policies, investments, interest or other property held in client accounts become unclaimed property when:
- Written communications with a client bounce back as undelivered.
- Property has not been subject to any claim, transaction or instruction for a period of time defined by law.
- Time limits stipulated by provincial law have expired.
In such a situation, and after having made reasonable efforts to locate and notify the owners of this property, it’s considered to be unclaimed.