Mike Frerichs, Illinois State Treasurer, appeared on the NEWSTALK WTIM Morning Show, Monday. Frerichs joined the show to discuss his current battle to make Life Insurance Companies pay the money they promised to people, but never did because of a loophole in the contract.

Some companies, like the Kemper Corporation, know there will funds from the insurance that won't be claimed and that's how they plan on making their profits. But after Frerichs found there were over half a billion dollars in unclaimed funds, he wanted to make sure these families were given the money they were promised.

To find out if you're owed any money by a life insurance company, you can go to illinoistreasurer.gov click on iCash, and put your name or a family member's name, and see if you've been left anything after someone's passing.