05-February-2025
Markets and Finance
 
LIC policy: How to check any unclaimed amount in LIC policy
15-Jan-2025

LIC unclaimed amount Life Insurance Corporation (LIC) had unclaimed maturity amounts totaling Rs 880.93 crore in Financial Year 2023-24 (FY24), the government has told Parliament in December 2024. Minister of State for Finance Pankaj Chaudhary, informed Lok Sabha in a written response that up to 3,72,282 policyholders failed to collect maturity benefits in the financial year 2024, according to a PTI news report. What the rules state about unclaimed accounts

News Source:- https://economictimes.indiatimes.com/wealth/save/lic-policy-how-to-check-any-unclaimed-amount-in-lic-policy/what-the-rules-state-about-unclaimed-accounts/slideshow/117207018.cms