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Articles for Unclaimed Claim

Unclaimed Maturity Amount from LIC Policyholders is Increasing, Says Centre
3 months, 2 weeks ago

Unclaimed Maturity Amount from LIC Policyholders is Increasing, Says Centre

Deccan Chronicle  

Hyderabad: The total amount of unclaimed funds in respect of maturity claims is increasing consistently with the state-owned Life Insurance Corporation. As against Rs 480.78 crore unclaimed amount from 2,43,790 policyholders in 2019-20, it has increased to Rs 880.93 crore from 3,72,282 policy holders in 2023-24. He said as per the provisions of Senior Citizens’ Welfare Fund Rules, 2016 notified …

Policy Lic Unclaimed Claim
LIC's unclaimed maturity amounts at Rs 881 cr in FY24
3 months, 2 weeks ago

LIC's unclaimed maturity amounts at Rs 881 cr in FY24

Deccan Chronicle  

New Delhi: Life Insurance Corporation has unclaimed maturity amounts of Rs 880.93 crore in 2023-24, Parliament was informed on Monday.As many as 3,72,282 policyholders did not claim maturity benefits during FY2024, Minister of State for Finance Pankaj Chaudhary said in a written reply to the Lok Sabha. During the previous year, he said, the amount worth Rs 815.04 crore belonging …

Rbi Claim Unclaimed Res Inr Lic Fer
IEPFA’s digital revamp targets faster claim approval
4 months, 3 weeks ago

IEPFA’s digital revamp targets faster claim approval

Live Mint  

New Delhi: Getting refund of shares, unclaimed dividends, matured deposits and debentures is likely to get easier for investors and their heirs with the Investor Education and Protection Fund Authority that manages these assets set to complete its digital transformation over the next few months. The infusion of technology will help IEPF meet its target of clearing refund claims within …

Gandhi Dividend Investors Unclaimed Dividends Unclaimed Dividends Iepfa
Haven’t taken your insurance claim yet? Here’s how to get it
6 years, 8 months ago

Haven’t taken your insurance claim yet? Here’s how to get it

Live Mint  

Did you know that the life insurance industry has ₹ 15,166.47 crore of unclaimed money that belongs to policyholders or their beneficiaries, as of FY18? The accumulated amount includes payments such as maturity claims, premium refunds, surrender benefits and death claim that you or your beneficiary has not claimed for more than six months since the settlement date. The insurance …

Pan Claim Unclaimed