In India, Rs 6,700 crore is lying unclaimed with Indian private and public insurance companies at the end of March 31, 2014. Among Pvt life insurers, Reliance Life has the maximum unclaimed amount of policy holders at Rs 1,502 crore followed by Bajaj Allianz Life (Rs 544 crore) at the end of March 31,2014.
Details you need:
To know whether any amount under your policy is lying unclaimed:
1- Policy Number
2- Policyholder’s Name
3- Date Of Birth (dd/mm/yyyy)
4- PAN Card
Steps to follow:
1- Log into the Insurer website:
- AEGON Religare Life
- Bajaj Allianz Life
- Bharti Axa Life
- Birla Sun Life
- DLF Pramerica Life
- Edelweiss Tokio
- Exide Life
- Future Generali Life
- HDFC Life
- HSBC Canara OBC Life
- ICICI Pru Life
- IDBI Federal Life
- Max Life
- Kotak Life
- Max Bupa
- Reliance Life
- SBI Life
- Shriram Life
- Start Union Dai-iche Life
- Tata AIA Life
We could not find any info about Aviva India, PNB Met Life and Sahara India Life policies, so please contact their customer service.
2- Please key-in the following details (Policyholder’s Name, Date Of Birth)
3- Search
Things you should do to find old Life Insurance Policy:
1- Remember that an insurance policy bought many years ago may not have been in your current married name (old sir name/family name for married women).
2- Life insurance policy bought by parents/grandparents on your behalf may be jointly in their names and, where relevant, they may also be in your maiden name.
3- Check the life insurance premium debited entry in the old saving account passbook.
4- Where the original insurance company society no longer exists – for example: ING Vysya Life is now Exide Life & AMP Sanmar Life is now Reliance Life, because it has been taken over by another – the successor institution will carry out the search.
5- A change of address is one of the most common reasons people lose track of their policies over the years. So check old address for past letters or insurance receipt etc.