Louisiana has around 750 million dollars in unclaimed property. This is just a small percentage of the unclaimed money in the United States; the National Association of Unclaimed Property Administrators (NAUPA) believes that at least $42 billion in unclaimed assets in the country.
While Louisiana, like most other states, allows you to search solely by the last name, this is not always the best option. That’s because it may produce so many results that your search will be rendered meaningless. To demonstrate how a last-name-only search might look if you have a common last name, we start with the surname “Smith.” You’ll see that this search yielded 1000 unclaimed properties, but the numbers are misleading; the computer only returns 1000 results at a time, so there could be many more with the name Smith.
The National Association of Insurance Commissioners’ Life Insurance Policy Locator Service is a final source that we refer to as a federal source, even though it is not a government source. This group is made up of insurance companies that have unclaimed life insurance benefits. They don’t have a publicly searchable database of their records, but you can enter your information, and one of their member organizations will review their records to determine whether you are the beneficiary of any unclaimed benefits. Has established a method to assist you in locating unclaimed life insurance benefits.