Claim Unclaimed Life Insurance — Old LIC Policies, Lost Bonds, No Nominee

LIC alone reported ₹7,318.5 crore of unclaimed amounts as of 31 March 2026, according to the Government's reply in Parliament.

Can you do this yourself?

Yes. Every insurer must offer a free search on its website (by name and date of birth, with policy number or PAN optional). LIC's is on licindia.in. If the policy is in your name or you are the registered nominee with the policy document, the insurer's claim form is usually enough.

When families ask for help

• The policy bond is lost and the policy number is not known
• There is no nominee, or the nominee has also died
• Several legal heirs, some abroad
• The policy lapsed and the family is unsure whether a paid-up value is due
• The claim has been delayed or refused, and needs escalation to the insurer's grievance cell, IRDAI's Bima Bharosa portal or the Insurance Ombudsman

How we work

We trace the policy, confirm the amount and the insurer's requirements, prepare the claimant statement, indemnity and heirship documents, and follow up with the branch until the amount is paid into the claimant's own account. We do not sell insurance and never ask for policy proceeds to be paid to us.

Frequently asked questions

How do I check an unclaimed LIC amount?

Use the unclaimed-amounts search on licindia.in with the policyholder's name and date of birth (policy number and PAN help). Private insurers have similar pages.

The policy bond is lost. Can we still claim?

Yes. Insurers accept an indemnity or loss-of-policy declaration in place of the bond.

Is there a deadline?

Unclaimed amounts move to the Senior Citizens' Welfare Fund after 10 years but can still be claimed through the insurer for 25 years after that.

Someone called offering to release an old policy refund for a fee. Is it genuine?

Be careful — IRDAI has warned about such calls. Check directly with the insurer. Genuine claims are paid only by the insurer into your own bank account.