Recovery of Unclaimed Matured Insurance
Around Rs. 12,000/- crore is lying unclaimed in Life Insurance due to following reasons:
Loss of policy documents
Death of policyholder
Closure of bank account
No claim even after maturity
Premiums remaining unpaid
We help in recovery of following types of claims of life insurance:
Death Claims
Survival benefits
Maturity claim
Premium refunds
If Insurance claims remains unclaimed for 10 years it is transferred to Senior Citizen Welfare Fund, from where normally it cannot be claimed after 25 years.