Keane's Unclaimed Property Blog

Life Insurance Holders: CA Reporting Date Postponed

California life insurance unclaimed property Remit Reports are now due February 1-15, 2021. California’s Office of State Controller Betty T. Yee moved the Notice Reports file date for life insurance holders from April 30 to June 30 due to the COVID-19 pandemic. This change has therefore pushed back the life insurance report remittance deadline from December 1-15, 2020 until February 1-15, 2021.

Remit reports must not be sent prior to February 2021 to ensure adequate time for holders to claim their property before it is remitted to the state. California requires a full seven to seven and one half months from the Notice Report due date for owners to claim their property from holders before it is remitted to California.

State Escheatment, Unclaimed Property, Unclaimed Property Reporting

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