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UNCLAIMED INSURANCE FUNDS
Insurance money left unclaimed? How to trace, verify and recover your moneyNearly Rs 8,974 crore in unclaimed insurance funds is lying with insurers due to missing nominees, outdated records, lost documents and lac...- Government launches portal to trace unclaimed bank deposits, insurance policies, mutual funds: How to access
- Financial fixes and high-yield savings: Are you missing the easiest ways to save more and spend less?More than half of savers still earn under 3% interest, while many households lose around $200 yearly on unused subscriptions. These financi...
- Rs 10,000 monthly investment in post office RD vs SBI RD: Where will you get higher maturity amount in 5 years?Investing Rs 10,000 monthly in a Post Office Recurring Deposit for five years yields a higher maturity amount than an SBI RD. The Post Offi...
- Have unclaimed deposits, insurance, mutual funds? Government launches single portal to trace forgotten assetsThe Ministry of Finance has launched a new portal to help citizens find forgotten money. This initiative, called 'Your Money, Your Right', ...
- Government launches common landing portal for unclaimed financial assetsThe initiative is expected to enhance public awareness, improve ease of access to information and contribute to the vision of Viksit Bharat...
- Your monthly spend also decides how soon you can retire: Expense tracking apps, AI tools are changing how Indians investExpense-tracking apps, spreadsheets, Artificial Intelligence (AI) -generated analysis, and budgeting dashboards are not merely bookkeeping ...
- UDGAM portal facilitates users to search unclaimed deposits across multiple banks: RBI to SCThe submissions were made before a bench of Justices Vikram Nath, Sandeep Mehta and Vijay Bishnoi which was hearing a plea filed by journal...
- $1,000 checks headed to Americans with no action required — here’s what to knowAmericans to automatically get $1,000 verified checks for unclaimed property with no extra steps required. Millions of residents nationwide...
- Have unclaimed insurance amount? Here’s how to check and claim your hidden wealthOver Rs 25,000 crore remains unclaimed in Indian insurance policies due to forgotten claims or unaware nominees. Tracking and claiming thes...
- LIC unclaimed maturity amount at Rs 880.93 crore in FY2024: How to check if there is any unclaimed amount in your LIC policyLIC 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 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...
- 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...
- 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...
- Nearly Rs 49,000 crore lying unclaimed with banks, insurers: KaradGiving the details in a written reply, the minister said as per information received from the Reserve Bank of India (RBI), the total amount...
- 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.
- 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.
- Irdai asks insurers to transfer unclaimed money to Senior Citizens' Welfare FundSenior Citizens' Welfare Fund Act, 2015 (SCWF) mandates transfer of unclaimed amounts of policyholders to the fund after a period of 10 yea...
- Unclaimed insurance amount soars 60% on lack of awarenessTo minimise the unclaimed amount, insurers are asked to keep policyholder and beneficiary informed about updates, changes and maturity deta...
- Rs 26,000 crore left unclaimed in bank, provident fund accountsInvestors have not claimed over Rs 26,000 crore from their provident fund (PF) accounts, insurance companies and bank fixed deposits, data ...
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