How to Check Unclaimed Amount in LIC: Step-by-Step Guide for Policyholders

Life Insurance Corporation of India (LIC) offers an easy online process for policyholders to check and claim their unclaimed amounts. Here’s everything you need to know.

Why Does Unclaimed Money Happen in LIC?

Often, policyholders purchase LIC policies but stop paying premiums after a few months or years due to various reasons.
In many cases, individuals are unaware of their policy’s maturity or forget to claim the payout, leading to unclaimed amounts accumulating over time.

If you have ever owned an LIC policy and suspect there might be unclaimed money in your name, you can easily check and reclaim it from the comfort of your home.

Step-by-Step Process to Check Unclaimed Amount in LIC

Follow these simple steps to check if you have any unclaimed dues:

Visit the official LIC website:

Click on the “Unclaimed Amounts of Policyholders” section.

A new window will open, where you will be prompted to fill in:

• Policy Number

• Policyholder’s Name

• Date of Birth

• PAN Card Number

After entering the details, click on the Submit button.

If any unclaimed amount is associated with the entered policy, it will be displayed instantly.

Alternatively, you can directly access the checking portal via:

How to Claim Your Unclaimed LIC Amount

If unclaimed funds are found, the next steps are:

• Visit your nearest LIC office.

• Submit a claim application with all necessary documents, including valid KYC proofs.

• LIC will verify your submitted information with their internal records.

• Once approved, the amount will be credited directly to your bank account linked with the policy.

Ensure that your bank account details and KYC are updated to avoid any processing delays.

How to Restart an Inactive LIC Policy

In case you wish to revive a lapsed LIC policy, you need to:

• Pay all outstanding premiums along with any applicable interest.

• Visit an LIC branch office or consult an authorized LIC agent.

• You can also contact LIC’s customer service for guidance on the policy revival process.

Restarting your policy can reinstate your original benefits and coverage, ensuring continued financial security.