Q:

What is a free online search for unclaimed money or funds?

A:

Quick Answer

A free online search for unclaimed money or funds is a portal webpage, usually provided by a government or insurance entity, that allows people to look for lost tax refunds or missing insurance payments. There are many online search portals available to the general public to find these unclaimed funds.

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Full Answer

As of 2015, there were $62 billion in holding by the government in unclaimed insurance policies, according to tracking site Demutualization Claims Clearing House. In addition to these funds, there were over $2 billion in unclaimed money returned to rightful owners during the 2011 fiscal year, according to National Association of Unclaimed Property Administrators.

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