In 2023-24, the Life Insurance Corporation (LIC) reported unclaimed maturity amounts totaling ₹880.93 crore, as disclosed to Parliament on Monday. According to Minister of State for Finance Pankaj ...
When a LIC policy matures, policyholders need to submit a maturity claim to receive the payout, which can now be done online through LIC's website. LIC urges customers to update their bank details and ...
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