One in four Texans have unclaimed property, and Texas currently holds more the 7 billion in unclaimed cash and other valuables. Come and get it!
If a life insurance company knows that an insured has died but it cannot find the policy beneficiaries within three years, it must send the death benefit to the state Comptroller’s unclaimed property fund. The rightful owners of the life insurance proceeds can reclaim them from the Comptroller.
source: Texas Department of Insurance
“There is generally no statute of limitations for unclaimed property the state holds, which means there’s no time limit for owners to file a claim — they can do so at any time.”
source: Texas Comptroller Announces Record $309 Million in Unclaimed Property Returned in Fiscal 2022 (Emphasis Added)