Dear Savvy Senior, When my dad died, we thought he had a life insurance policy, but we have no idea how to track it down. Any suggestions? Searching Son
Dear Searching, Lost or forgotten life insurance policies are very common in the U.S. According to a study by Consumer Reports, 1 out of every 600 people is the beneficiary of an unclaimed life insurance policy with an average benefit of $2,000. It could be like finding out you have a secret savings account.