Overview

The death of the insured needs to be informed to the insurance company either directly or through the insurance agent who sold the policy to the insured. Contact details are usually given on the insurer's official website. The insurance companies have death claim forms that need to be filled up and submitted to them along with a list of documents.

The company will carry out its own survey before paying the nominee the sum assured.

If the insurer is satisfied with a claim, it pays the settlement; if there is doubt, the insurer may ask the claimant to submit more documents.

Endowment Claims: Basics

How to collect maturity amount from insurer?

Getting maturity amount made easy , here's how .The insurer sends a discharge/claims form more than a month in advance of the policy maturity- here's your maturity claim. ......

The death claim process is simple and the benefit is tax free

Make life easy after death . Fill in a form to file a death claim . It will be about four months before you can get the claim amount. ......

Critical illness benefit rider takes care of unforeseen medical expenses

The Critical illness benefit rider will take care of your medical expenses in event of a critical disease. ......

Endowment Claims: Opinion

What does my family receive when I die within the term of my life insurance policy?

Death benefits depend on the type of policy purchased by the insured. ......

Survival Benefits for Different Insurance Plans

Survival benefits, also called maturity benefits depend totally on the type of policy purchased. ......

How to collect maturity amount from insurer?

Getting maturity amount made easy , here's how .The insurer sends a discharge/claims form more than a month in advance of the policy maturity- here's your maturity claim. ......

What is the process to get a life insurance policy?

Although now banks offer bancassurance - the insurance agent remains the primary source of insurance information and guidance. ......

Decision-making Corner

Ask an Expert

Ask your personal finance query here and get personalized replies that meet your specific needs.

Looking for Life Insurance offered by specific provider