Wednesday, March 25, 2015

Prudential finanicial inc demute kba for Samuel a breece?

Prudential finanicial inc demute kba for Samuel a breece?
Demutualization was awarded to Prudential policy owners who had polices back in 1999 as an added bonus. This took place because Prudential went from a mutual company to a stock company and gave their policy holders some stock so they could still have a say in the company. Most policy holders know nothing about this added bonus.
If you find this "PRUDENTIAL FINANCIAL DEMUTE KBA" unclaimed property for a deceased relative, also be aware that there is likely a life insurance policy open on them as the demutualized shares are in the name of the policy older.

We just discovered a 58 year old life insurance policy on my late Aunt that nobody remembered. Her parents had opened it when she was born and the address Prudential had on file was 30 years old and now we are going to receive the demutualization proceeds as well as the proceeds from a life insurance policy!

Call Prudential at 1-800-778-2255 and ask if there is a policy open on the person if you find unclaimed property/demutualization funds for a deceased relative, or even yourself if you did not think you had a life insurance policy.

If you need to find your deceased's social security number to have Prudential look up an account, you can find it under the social security death index. google SSDI

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