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Get the free Notification of Unclaimed Policies Nil Return to NTMA - centralbank

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This document serves to notify that the institution does not hold any unclaimed policies as per the Unclaimed Life Assurance Policies Act, 2003.
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How to fill out notification of unclaimed policies

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How to fill out Notification of Unclaimed Policies Nil Return to NTMA

01
Obtain the Notification of Unclaimed Policies Nil Return form from the NTMA website or your local NTMA office.
02
Review the instruction guidelines provided with the form.
03
Complete the identification details at the top of the form, including your name, address, and contact information.
04
Indicate 'Nil Return' in the designated section of the form if you have no unclaimed policies to report.
05
Sign and date the form to certify its accuracy.
06
Submit the completed form to the NTMA, either by mail or through their online submission system, if available.

Who needs Notification of Unclaimed Policies Nil Return to NTMA?

01
Insurance companies that manage policies.
02
Financial institutions that hold unclaimed funds.
03
Any organization that is required to report unclaimed policies or funds to the NTMA.
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It is a formal report submitted to the National Treasury Management Agency (NTMA) indicating that there are no unclaimed policies to report, essentially confirming that all policies have been claimed or settled.
Insurance companies and financial institutions that hold policies are required to file this notification when they have no unclaimed policies to report.
To fill out the notification, companies must provide their details and explicitly state that there are no unclaimed policies. The form usually requires basic identification information and a declaration of nil claims.
The purpose is to ensure transparency and accountability in the management of unclaimed policies, allowing the NTMA to track and monitor policies that remain unclaimed.
The notification must include the company's name, registration number, and a clear statement declaring that there are no unclaimed policies to report.
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