Palmetto Payback is Helping Return Unclaimed Money to South Carolina Residents
Tuesday, May 29th, 2012According to CBS 7 in Columbia, SC, South Carolina may pass a bill that will let the state join 40 other states in auditing large companies or corporations for money that has been left behind or not paid out. This bill will help many South Carolina residents be united with their unclaimed money.
The passing of this bill will greatly affect unclaimed insurance money. There is currently over 100,000 policies that remain unclaimed at the moment, with no identity. This bill will help identify who those policies belong to so the owners can be found.