Further Irda mandated the settlement of dues to policyholders through electronic mode and also the display of
unclaimed amounts on their websites by insurers.
Not exact matches
Mutual Funds provide
on their website, the list of names and addresses of investors in whose folios there are
unclaimed amounts (dividend / redemption).
The website of Mutual Funds is also required to provide information
on the process of claiming the
unclaimed amount and the necessary forms / documents required for the same.
Such carryforward
amounts could include net capital losses or other losses from prior years, unused registered retirement savings plan (RRSP) contributions,
unclaimed charitable donations (as described further below), unused tuition, education and textbook
amounts, interest
on student loans, resource pool balances and investment tax credits.
Such an approach is helpful both in the extreme case where the primary cardholder dies and the issuer cancels the
unclaimed points, as well as due to the fact that many credit cards have a maximum
amount of points that can be earned
on one card each year.
If insurers have any
unclaimed amount above Rs 1000, then they are required to display its information
on their website, as asked by the Ins... read more
If insurers have any
unclaimed amount above Rs 1000, then they are required to display its information
on their website, as asked by the Insurance Regulatory and Development Authority (IRDA).
Insurance Regulatory and Development Authority (Irda)
on Wednesday said insurance companies will be required to display information about any
unclaimed amount above Rs 1,000
on their respective websites.