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UNCLAIMED INSURANCE POLICIES
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...
- 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', ...
- 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...
- Why is the 2026 Social Security 2.8% COLA failing against 3.3% inflation? Is your retirement check shrinking?Social Security COLA 2026 Inflation Gap: Why 2.8% Increase Trails 3.3% Senior Inflation. The 2.8% Social Security COLA for 2026 is failing....
- “Misselling isn’t just about commissions”: Bandhan Life CEO on insurance reality checkSatishwar B., MD and CEO, Bandhan Life Insurance, discusses the Public Insurance Registry, Bima Sugam, misselling and commissions, in a con...
- $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...
- 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...
- 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...
- 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...
- 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.
- 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.
- How to get unclaimed insurance amountsIf no claim is made on the death of the policyholder, the funds remain with the insurance company. Here's how to claim it.
- Policyholders will be able to get details of unclaimed insurance online“Now, policyholders or their nominees will be able to access information pertaining to their own policies and claim the amount due to them,”
- 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...
- IRDA directs insurers to pay out dues to policyholders on timeIt has directed insurers to oversee timely payouts through a Policyholder Protection Committee in order to bring better governance and tran...
- 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%.
- 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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