The country's largest insurance company offers many types of schemes for its customers. Most of the schemes of LIC are long-term. In this, options of monthly, quarterly, half-yearly, and yearly premiums are given. The yearly premium becomes high. Many times account holders are unable to deposit the premium due to various problems and do not even surrender the policy. In such a situation, their money remains with LIC. If there is no claim for a certain period, it is considered an unclaimed amount.

Apart from this, if a policyholder dies due to any reason and his nominee does not claim the amount for years, then this amount is also considered unclaimed after a certain time. Like the bank, LIC also has several crores lying in the name of Unclaimed Amounts. There is no claimant for this. If you also feel that some money is due to you, but you do not have accurate information about it, then there is nothing to worry about. LIC provides this facility to the policyholders and their dependents so that they can easily check death claims, maturity claims, premium refunds, or any other type of unclaimed amount online. Know the method here.

How to check Unclaimed Amount
To check the unclaimed amount, you have to go to the official website of LIC. After this, come to the bottom and go to Unclaimed Amounts of Policyholders among the options given there and click. After this, a window will open in which you will be asked for the policy number, name of the policyholder, date of birth, and PAN card number. After giving this information, you have to click on the submit button. If you have any money in LIC, then it will be visible as soon as you click on submit. After this, you have to complete the process of claiming the money.

How to claim money
If you see the outstanding amount on checking, then you have to contact the LIC office to claim it. For this, you will first apply and along with this, you will have to give KYC and submit the required documents. After submitting this, the process of payment of the outstanding amount will start from LIC and in a few days, your money will come to the bank account linked to the policy.

These are the instructions
Let us tell you that IRDAI has a clear instruction for all insurance companies that they will give complete information about the account and money without a claim on their portal. If there is a claim of Rs 1000 or more, then its complete information has to be given on the website. Even if the claim is 10 years old, then its complete information has to be given on the website. Unclaimed money can be claimed for 25 years after it is transferred to the Senior Citizens Welfare Fund.

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