New Delhi: If you have taken an insurance policy from the country’s largest insurance company LIC, then this news is special for you. Life Insurance Corporation of India (LIC) provides a number of insurance policies for its customers. In which the customer gets many benefits. But sometimes there are some policies which the policy holders forget. If you are or were ever a LIC policy holder, then you can easily find that sitting at home or not.
LIC has crores of rupees that no one is claiming. These money are the money of the policy, which was not carried forward and the policy holders have forgotten it. Many times people have to buy a new policy, but they cannot run it further. In such a situation, the policy holders think that their money will not be returned and it is confiscated. In such a situation, LIC is giving such a facility, in which such money can be withdrawn.
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Find out how much money is deposited in LIC
This has not happened with LIC only. Along with LIC, there are many other private sector companies in the country, which have crores of rupees in their account, which is not going to be claimed. Money lying in LIC’s account is deposited in the form of Death Claim, Survival Benefits, Premium Refund, Indemnity Claim or Maturity Claim, which people have forgotten after depositing. If you have ever taken a policy from LIC and your money is lying idle with LIC, then you can withdraw that money. Although there is a certain period for getting these money back, after this money is declared unclaimed property or unclaimed property. You can also find out online how much money you have with LIC.
Check your outstanding balance online
- Please inform you that for this you have to go to the official website of LIC of India.
- You can find out how much of your money is deposited in LIC’s account by clicking on Alleged Policy Dews here. https://licindia.in/Bottom-Links/Unclaimed-Policy-Dues By clicking on this link, you are taken directly to the page where you can get information about unclaimed money.
- After visiting this page, you will have to fill the details of your policy and after that you will get information about how much money you have deposited in LIC.
- In this, the policy number, date of birth and PAN card will have to be given.
- The policy number at the top, followed by your name, then your date of birth will be entered below it.
- After that you will have to provide your PAN number and then after submitting you will get your money.
These funds can also be claimed online. LIC has also run a special campaign to withdraw money. This campaign is for revival. This means that if you have run a policy for a few days and then have not been able to run it, then you can get it revived. This campaign will run till 6 March 2021. If you want to get more information related to the policy, then for this you need to visit the branch.
Mandatory to update nomination
Often the nominee is not aware of such insurance policy. Or policy documents are not available. In this way, dependents are not in a position to claim this amount after the death of the policyholder. To avoid such a situation, the nominee should not only know about the policy, but also should know where the documents related to the policy are kept. It should not be forgotten to update the nomination in the policy.
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