Is keeping up with Unclaimed property law compliance, management, and reporting a challenge? Reduce the expensive and time-consuming audits. Comply with the ever-changing unclaimed property laws within each state. And most of all, protect against reputational damage of the company. Don't be an insurance company that is featured on 60 minutes!
This is our State Beneficiary Compliance and Escheatment Report. This report will allow you to identify incorrect policyholder data, will help you comply with the changing unclaimed property laws, and show a good faith effort to comply with these laws.
The goal with our Bene-Compliance module is to escheat less money to the states and pay more monies to the beneficiaries. Wouldn't you rather pay beneficiaries instead of the individual states?