Rs 22,000 crore lies unclaimed with life insurance companies – Times of India
MUMBAI: Unclaimed amounts with life insurers stood at nearly Rs 22,237 crore at the start of FY24. A six-month drive from June-November 2023 helped reduce unclaimed amounts by a little over Rs 1,018 crore, according to Irdai. The initiative highlighted the need for policyholders bequeathing benefits to non-relatives to undertake proper estate planning, as insurers…