What is matured insurance?

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Matured insurance refers to an insurance policy that has reached its end date or maturity period. At this point, the policyholder is entitled to receive the sum assured along with any accumulated bonuses or interest. This payout can provide significant financial relief or support for future investments. But, many people forget about their insurance maturity, move without updating their details, or their heirs are unaware of these policies. This can result in significant amounts of money remaining unclaimed. If you want to know how to claim LIC maturity amount online, Shares Claim Dost can help you understand the process and reclaim your funds.

Conditions When Recovery of Matured Insurance Needed

Matured insurance can go unclaimed under several conditions:

Change of Address

Change of Address

Policyholders may move to a new address without informing the insurance company, leading to lost correspondence.

Lack of Awareness

Lack of Awareness

Heirs or beneficiaries may be unaware of the policy’s existence after the policyholder's death.

Uncashed Checks

Uncashed Checks

The payout checks may remain uncashed due to various reasons such as misplacement or oversight.

Inactive Communication

Inactive Communication

Policyholders may forget to follow up on their policy, leading to it becoming unclaimed.

Documents Required to Recover Matured Insurance

To recover matured insurance, you will typically need the following documents:

Proof of Identity

Proof of Identity

A government-issued ID such as a PAN card, Aadhaar card, or passport.

Proof of Address

Proof of Address

A utility bill, bank statement, or any other official document showing your current address.

Policy Document

Policy Document

The original insurance policy document or policy number.

Bank Details

Bank Details

A canceled check or bank statement for verifying the account where the funds will be transferred.

Legal Documents

Legal Documents

If the original policyholder is deceased, a will, probate, or succession certificate may be required.

The Procedure for Recovering Matured Insurance

If you want to know how to claim LIC maturity amount, here is the procedure:

How Shares Claim Dost Can Help

Shares Claim Dost specializes in the recovery of matured insurance policies in India. Here is how we can assist you:

How Shares Claim Dost Can Help

At Shares Claim Dost, we are committed to helping you understand the complexities of recovering matured insurance policies. Trust us to handle your update process efficiently and professionally. Contact us now!

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Frequently Asked Questions


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You can check your personal records, contact the insurance companies, or use online tools provided by insurance companies to search for unclaimed policies.

Shares Claim Dost can help you identify and obtain the necessary documents, ensuring that your claim process is smooth and complete.

The recovery process can vary depending on the insurance company and the complexity of the claim. Shares Claim Dost works diligently to expedite the process and keep you informed at every step.

Yes, Shares Claim Dost charges a nominal fee for our services. The fee structure will be explained to you during the initial consultation.

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