LIC's unclaimed maturity amounts stand at Rs 881 crore in FY24LIC reported unclaimed maturity amounts of ₹880.93 crore in FY24, slightly up from the previous year. The government is employing various m...
16 Dec, 2024, 07.34 PM IST
IRDAI issues new circular to help speedy disbursal of unclaimed insurance moneyDue to an increase in unclaimed amounts and concerns from insurers over regulatory compliance, the Insurance Regulatory & Development Autho...
19 Feb, 2024, 12.06 PM IST
Demat like facilities for insurance policy holders soon, all policies to be held in electronic form onlyIRDAI proposed that every insurer shall issue all insurance policies only in electronic form notwithstanding whether the proposal is receiv...
30 Sep, 2022, 06.03 PM IST
LIC has Rs 21,500 crore unclaimed funds: How LIC policyholders can check for unclaimed amountIf any LIC policyholder or a beneficiary wants to know whether any amount under his/her LIC policy is lying unclaimed with the insurer, thi...
18 Feb, 2022, 10.16 AM IST
LIC sits on over Rs 21,500 cr unclaimed fundsEvery insurer is required to display information about any unclaimed amount of Rs 1,000 or more on their respective websites (to continue e...
16 Feb, 2022, 06.02 PM IST
How to check if there is any amount unclaimed under LIC policyIf any money is left unclaimed for more than 10 years, all the amount is transferred to the Senior Citizen Welfare Fund, such funds are use...
31 Jan, 2022, 09.50 AM IST
Rs 32,000 crore as unclaimed deposits with banks and insuresCountry’s largest insurer, Life Insurance Corporation (LIC) alone holds Rs 12,892 crore as unclaimed deposit.
01 Jul, 2019, 05.23 PM IST
NBCC to monetise Jaypee Infratech assets to complete stuck projectsNBCC has also assured home buyers of completing pending projects within 3 years if its bid gets accepted.
11 Mar, 2019, 07.49 PM IST
Unclaimed shares, insurance, deposits: How to find and get your dues backCrores of rupees are lying with banks, and other organisations. Here’s how you can get back your money.
27 Aug, 2018, 04.14 PM IST
Crores lie unclaimed with insurers. Here's how to find out if any is yoursAs much as Rs 15,167 cr of policyholder's money was lying unclaimed with life insurers as on March 31, 2018.
31 Jul, 2018, 05.52 PM IST
Rs 15,167 crore unclaimed money of policyholders lying with insurersLIC has Rs 10,509 crore, while the 22 private sector insurers account for the remaining Rs 4,657.45 crore.
29 Jul, 2018, 02.52 PM IST
Insurance companies holding on to stash of unclaimed Rs 11,668 croreThe approximate unclaimed amount with Life Insurance Corporation (LIC) of India as on March 31, 2016, was Rs 5,934 crore.
29 Jul, 2016, 07.40 PM IST
Budget 2015: Major boost for pension products, NPSThe additional tax incentives for investments in pension funds and the NPS are intended to push up retiral savings in the long term.
02 Mar, 2015, 09.12 AM IST
Employees Provident Fund Organisation seeks government nod to invest in sharesEmployees Provident Fund Organisation, which manages retirement savings of close to Rs 7 lakh crore, is making a fresh pitch for investment...
17 Oct, 2014, 11.24 AM IST
Insurance trap: How to see through agents' deceitInsurance agents are using all kinds of baits to trap investors. Here's how to see through the subterfuge.
02 Dec, 2013, 08.42 AM IST
LIC tracks down clients, settles 89k unclaimed policiesLife insurance sector holds about Rs 2,000 crore in unclaimed funds, with the private sector insurers accounting for about 45%.
19 Oct, 2012, 10.09 AM IST
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