Many financial institutions have reported huge amount of unclaimed money in past. Investors invest their money to gain good profits, but in many instances investors neither added any nominee nor...

Many financial institutions have reported huge amount of unclaimed money in past. Investors invest their money to gain good profits, but in many instances investors neither added any nominee nor inform to anyone regarding their investments, and as a result no one claim the amount. Comment on the investors education in context of nomination, and also explain the claim procedure by the nominee.