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Senator Durbin Calls on Chicago-Based Life Insurance Company to Disavow Practice of Withholding Funds to Rightful Beneficiaries

Sunday night, a 60 Minutes investigation identified Kemper Corporation as a roadblock to meaningful reforms
WASHINGTON, D.C. –(ENEWSPF)--April 19, 2016.  In response to a 60 Minutes investigation that identified Chicago-based Kemper Corporation as the “main” insurance company fighting reform efforts, U.S. Senator Dick Durbin (D-IL) called on the company to disavow the practice of withholding life insurance payouts to beneficiaries that do not directly file claims with the insurance company.

Beneficiaries do not always know that they have been named under a life insurance policy and accordingly do not always file claims.  The 60 Minutes . . .

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