OID Helps Oklahomans Reclaim Over $200 Million in Unclaimed Life Insurance Benefits

For Immediate Release:
October 9, 2025

OID Helps Oklahomans Reclaim Over $200 Million in Unclaimed Life Insurance Benefits

 

OKLAHOMA CITY— Millions of dollars in death benefits go unclaimed each year. The Oklahoma Insurance Department (OID) is excited to announce that it has helped match over $200 million in unclaimed life insurance benefits with beneficiaries using the Life Insurance Policy Locator (LIPL) tool since its launch in 2016.

“Since I’ve taken office in 2019, we’ve matched over 8,500 Oklahomans with over $176 million in unclaimed life insurance benefits,” said Oklahoma Insurance Commissioner Glen Mulready. “I urge you to use this tool and help us help you claim what is yours.”

How To Use the Tool

The locator is easy, free and secure.

  • Visit oid.ok.gov/LIPL and click “Get Started.”
  • Enter information from the deceased’s death certificate, such as the Social Security number, legal name, date of birth, date of death and the deceased’s veteran status. You will also need to indicate your relationship to the deceased. Click the submit button and receive a confirmation email.
  • If a policy is found and you are the beneficiary, the life insurance or annuity company will contact you directly.
    • If no policy is found or you are not the beneficiary, you will not be contacted.

The LIPL tool, a collaboration between OID and the National Association of Insurance Commissioners (NAIC), has facilitated more than 1.17 million policy search requests. Insurance companies have reported over 611,000 matches with life insurance policies or annuities totaling $13.18 billion nationally through Aug. 31, 2025.

“I also want to stress the importance of life insurance in your financial planning,” Mulready said. “It may seem difficult to address or discuss, but it can help your loved ones in case something unforeseen happens to you.”

OID can help you with your life insurance questions and understand the different policy types. Visit oid.ok.gov/life or call OID at 800-522-0071 to learn more and get help.