Navigating the inheritance of assets following a loved one's death can be a daunting task. Families are tasked with understanding the legal...

Unclaimed assets of deceased individuals pose a significant challenge in India. Vast sums lie unclaimed across banks, insurance, and provid...

LIC has unclaimed maturity amounts of Rs 880.93 crore in 2023-24. Over 3.7 lakh policyholders have failed to collect their funds in the fin...

LIC reported unclaimed maturity amounts of ₹880.93 crore in FY24, slightly up from the previous year. The government is employing various m...

Due to an increase in unclaimed amounts and concerns from insurers over regulatory compliance, the Insurance Regulatory & Development Autho...

While a nominee is only a custodian of your assets, choosing the right one can ensure that your legal heirs get their inheritance rightly a...

In case of banks, change of residence is seen to be a major source of funds lying idle as an account holder may not go back to another city...

Giving the details in a written reply, the minister said as per information received from the Reserve Bank of India (RBI), the total amount...

ET Wealth estimates that more than Rs 82,000 crore of investor wealth is lying unclaimed in forgotten and lost investments. There are uncla...

Country’s largest insurer, Life Insurance Corporation (LIC) alone holds Rs 12,892 crore as unclaimed deposit.

Crores of rupees are lying with banks, and other organisations. Here’s how you can get back your money.

The directive comes under the Department of Economic Affairs accounting procedure for transfer of funds to the Senior Citizens' Welfare Fun...

Data released by the govt in response to a Parliament query shows that as much as Rs 5,848 crore is lying unclaimed with insurance companie...

It has directed insurers to oversee timely payouts through a Policyholder Protection Committee in order to bring better governance and tran...

Life insurance sector holds about Rs 2,000 crore in unclaimed funds, with the private sector insurers accounting for about 45%.

Investors have not claimed over Rs 26,000 crore from their provident fund (PF) accounts, insurance companies and bank fixed deposits, data ...

The battle with Sebi has forced IRDA to issue a host of new regulations which will change the way ULIPs are positioned.