IRDA has asked all insurers to give information on their respective website about unclaimed amounts of Rs. 1,000 or more due to policy holders. A policyholder should be able to find out the information by entering details like name, date of birth, policy number and PAN. Name of the policyholder and date of birth may be made as compulsory fields to enter (on website), while policy number and PAN may be optional fields.

When this info will be available?
Insurers will be uploading the above information as on December 31, by January 31, 2015. So any policyholder can check this from January 31, 2015 onwards.

What is an unclaimed insurance policy amount?
IRDA said it includes any sum payable to policyholder as death claim, maturity claim, survival claim, premium due for refund, among others, that remained unclaimed beyond six months from due date of settlement.

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