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  • Steps To File a Life Insurance Death Claim

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    No matter what is said, but the grief of losing a loved one is undoubtedly one of the most painful experience that anyone can have in life. This personal loss can cause much emotional distress for a prolonged period. No matter what anyone says, the grief can affect the sufferer’s ability to think clearly and take decisions. However, in some cases, the emotional distress isn’t the only consequence arising from the loss of a loved one. Many times, the death of a close family member can also give rise to legal and financial issues, which can be quite a challenge to resolve at times.

    The purpose of taking life insurance is primarily to provide financial protection to your loved ones in case something untoward were to happen to you. Life insurance ensures financial stability to your loved ones in a time when you cannot provide for them anymore. This is especially true if the primary income earner of the family happens to pass away, in which case, chances are high that the family may go into financial turmoil, given the lack of income to sustain their needs.

    However, more often than not, the beneficiaries of a policyholder may not be fully aware of the process of making a death claim on the life insurance policy, which can further add to the general grief and distress of those mourning the loss. When it comes to insurance, the beneficiary appointed by a policyholder is entitled to receive the sum assured under a policy. However, if the beneficiary is not aware of the claim process, they can end up losing valuable time which can further prolong the financial distress that the family may be undergoing. This is one of the major reasons why it is important that all beneficiaries who have been nominated under a life insurance policy be aware of the claim settlement process in detail.

    Steps For Filing A Life Insurance Policy Death Claim

    The process of claim settlement will more or less be the same for most insurers, barring a few minor changes. To ensure that you lose no time in filing a death claim, it is important to be familiar with the complete claim settlement process. Mentioned here are the basic steps involved in filing a life insurance death claim.

    Step 1 – Inform the Insurance Company

    The first step of the claim settlement process is to inform the insurer about the claim having occurred. The nominee or claimant must immediately inform the insurance company about the policyholder’s death. This is the first step in the clam settlement process following which the claimant must register a claim either by calling the insurer’s helpline number, or by sending an email to the designated email ID provided for this purpose.

    Step 2 - Claim Processing

    After the insurer has been duly informed about the policyholder’s death, the next step of the claim process involves submission of claim supporting documents. The claimant/nominee must provide documents which have been requested by the insurer in support of the death claim. This is required if the death has occurred due to natural or accidental reasons. After the insurer has received all the requested documents, the Claim Assistance team will begin assessing the claim. They will assess not only the claim, but also other things like the supporting documents, the nominee’s declaration and verify the same. In some cases, the nominee may be asked to provide additional documents to support the claim further.

    Step 3 – Claim Processing & Payout

    After the Claims Assistance team has reviewed the claim and related documents/evidence, they will make their decision to either approve or deny the claim. If the claim is approved, the insurer will proceed to settle the claim which means that the sum insured will be paid to the nominee in the mode chosen by the policyholder. Life insurance claim payouts are mostly paid via ECS. For this, the insurer will ask the beneficiary to submit their bank account details, a photocopy of the bank account passbook, and a cancelled cheque.

    Documents Required To File A Death Claim

    For registering a death claim, the insurer will require the nominee to provide multiple documents to support the claim being raised. Here is a list of the basic documents which an insurer is likely to request. The requirement may differ from insurer to insurer.

    • The policy document
    • Claim form that has been duly filled and signed by the nominee. This form is usually available on the insurer’s website and can easily be downloaded.
    • Copy of the Death Certificate. Provide the original only if specified.

    In case of death caused due to an accident, here are the documents to be provided for filing a claim.

    • Statement of the attending doctor OR medical attendant.
    • Certificate from the hospital.
    • Deceased’s medical reports such as admission & discharge summary, death summary, and test reports
    • Certificate from the employer
    • Post mortem report
    • Report of the FIR lodged by the police
    • Report on the final investigation carried out by the police

    Steps To File a Life Insurance Death Claim Reviews

  • Page 1 of 50 1 2 3 4 5
    • LIC Life Insurance
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have taken one life insurance policy with LIC. I am using this service for long time. My relative is agent of lic so he explain me all procedure and i have applied for life insurance from him only and i use to give premium in quarterly bases , i use to pay through on line around 3190 as premium amount they use to charge me.
      Was this review helpful? 0
      , new delhi
      Reviewed on Nov 16, 2018
    • Max Life Insurance
      "GOOD"
      0.5 4.0/5 "Great!"
      My experience with the MAX LIFE INSURANCE is very good and i am using it from past ten years the maturity period is for 15 years where the premium i pay on monthly basis through the offline. This gives the coverage is for self and i am satisfied with this policy.
      Was this review helpful? 0
      , new delhi
      Reviewed on Nov 16, 2018
    • LIC Life Insurance
      "Good service"
      0.5 4.0/5 "Great!"
      I have take my life insurance policy from Life insurance corporation of India. The policy cover with all benefits like illness coverage, i use to pay my premium through credit card or debit card, i am happy with the benefit they have provide me i use to pay premium in every 4 quarterly month , i have been holding various different pocily in LIC.
      Was this review helpful? 0
      , new delhi
      Reviewed on Nov 16, 2018
    • Max Life Insurance
      "Good service"
      0.5 4.0/5 "Great!"
      I have been holding my Term insurance with Max life insurance, there service they are given me is good, i use to pay premium on yearly bases, and they have charged me up to 21,000 which was nominal for me and the agent had clearly explain about the policy coverage in this insurance, i use to pay premium through off line mode.
      Was this review helpful? 0
      , new delhi
      Reviewed on Nov 16, 2018
    • LIC Life Insurance
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      I have purchased the life insurance policy with the LIFE INSURANCE CORPORATION OF INDIA where the name of the policy is JEEVAN LAKHSYA and JEEVAN SARAL and i am holding it from past 10 years. The maturity period is for 20 years. The premium i pay on a monthly once where the Coverage is for family.
      Was this review helpful? 0
      , new delhi
      Reviewed on Nov 16, 2018
    • HDFC Life Life Insurance
      "Good service"
      0.5 4.0/5 "Great!"
      I have been using the HDFC Life Insurance policy for a while. they charge nominal premium for this policy it also offers accidental benefits and I make payment at the branches. so in terms of features and their service it has been a good experience with them. HDFC Life is a recommendable insurance provider.
      Was this review helpful? 0
      , new delhi
      Reviewed on Nov 16, 2018
    • LIC Life Insurance
      "Good pension plan"
      0.5 4.0/5 "Great!"
      6 months before, i have purchased the pension plan. I pay the premium of Rs. 6000 per annum. Depends on the age eligibility criteria they have given the plan. I pay the premium through the agent for the first time and after that i pay through the online portal. I chosen LIC because of my mother has taken LIC policy. They have given good returns.
      Was this review helpful? 0
      , vellore
      Reviewed on Nov 16, 2018
    • LIC Life Insurance
      "Okay to have a policy with LIC"
      0.5 4.0/5 "Great!"
      For my family, i have taken the life insurance policy with LIC. Because of the available agents, i never interacted with customer care. The agent is providing very good information about the policy details. I have choosen the coverage value of Rs. 2 lakhs. 2 months back i have got this policy which is pension plan with a tenure period of 25 years. I have to pay the premium for 15 years. I have chosen the annual payment mode with the premium of Rs. 11000.
      Was this review helpful? 0
      , vellore
      Reviewed on Nov 16, 2018
    • LIC Life Insurance
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I am holding my life insurance with Life insurance corporation of India, their service is too good, actually my father had applied the life insurance on my behalf the agent had explain him about the policy and the premium amount my father use to manage so it is nominal and my father use to pay premium through agent itself.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 16, 2018
    • LIC Life Insurance
      "Future investment"
      0.5 4.0/5 "Great!"
      I have taken a life insurance policy through an agent many years back. It is a long term policy for 20 years. The policy coverage and the plan benefits are satisfactory. I am paying yearly 8,000 rupees through cheque. The payment mode is convenient. After maturity, I will be getting good return.
      Was this review helpful? 0
      , mumbai
      Reviewed on Nov 16, 2018
    • LIC Life Insurance
      "GOOD SERVICE"
      0.5 5.0/5 "Blown Away!"
      I have purchased the JEEVAN ANAND policy from the LIFE INSURANCE CORPORATION OF INDIA where i am holding it from past ten years the tenuity period is for 12 years. The policy is for self and the premium i pay through credit card for 3 months once.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Nov 16, 2018
    • LIC Life Insurance
      "GOOD SERVICE"
      0.5 5.0/5 "Blown Away!"
      I have taken the life insurance policy with the LIFE INSURANCE CORPORATION OF INDIA where i am using it from past ten years. The name of the policy is JEEVAN SARAL policy the maturity period is for 15 years and the premium i pay for 6 months once.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Nov 16, 2018
    • Max Life Insurance
      "Necessary policy for any human being"
      0.5 4.0/5 "Great!"
      I have taken my term insurance with Max Life Insurance. I have opened this life insurance policy 2 months before and chosen the monthly payment mode. I pay the premium of 1190. They are providing the coverage value of Rs. 75 lakhs. They are covering the accidental benefits of 10 lakhs and partial disability benefits. I can able to utilize the policy upto 75 years.
      Was this review helpful? 0
      , faridabad
      Reviewed on Nov 16, 2018
    • LIC Life Insurance
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      The name of the policy from the LIFE INSURANCE CORPORATION OF INDIA is JEEVAN ANAND policy that i am using it from past ten years. The premium i pay on a monthly basis as a auto debit option from my account also the process is good. The maturity period is for 20 years where the coverage is for self.
      Was this review helpful? 0
      , bangalore
      Reviewed on Nov 16, 2018
    • LIC Life Insurance
      "Good policy"
      0.5 5.0/5 "Blown Away!"
      I took a life insurance policy with LIC recently before 2 months. It is a Jeevan Slab policy. It was taken for future and tax benefits. They provided a proper service. The policy period is 10 years and the maturity value is more than 6L. The payment mode is cheque and gonna change to ECS. Am paying Rs.6500 quarterly.
      Was this review helpful? 0
      , chennai
      Reviewed on Nov 16, 2018
    • LIC Life Insurance
      "Good policy"
      0.5 5.0/5 "Blown Away!"
      I have taken a life insurance with LIC. It is a long term policy. The policy name is JEEVAN JOTHI and the tenure period is 20 years. The policy coverage is 45L and will get benefits as 40% of the premium. I am paying quarterly around Rs.12,500 through cash. The agent is very good and helpful.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Nov 16, 2018
    • LIC Life Insurance
      "BAD EXPERINCE"
      0.5 1.0/5 "Really Bad"
      I am not happy by holding the JEEVAN SARAL Policy with the LIFE INSURANCE CORPORATION OF INDIA because the service is not good where the documentation changes are not on time. The premium i pay for one thousand rupees where i have taken it on 2001 also the tenuity is for 15 years.
      Was this review helpful? 0
      , pune
      Reviewed on Nov 16, 2018
    • LIC Life Insurance
      "BAD EXPERINCE"
      0.5 1.0/5 "Really Bad"
      I haev purchased my life insurance policy with the LIFE INSURANCE CORPORATION OF INDIA since from 2001 where the process is not good the customer service is not responsive from the LIC. I am holding the JEEVAN SARAL policy the maturity period is for 25 years the premium also i pay 2k.
      Was this review helpful? 0
      , pune
      Reviewed on Nov 16, 2018
    • Tata AIA Life Insurance
      "Bad service"
      0.5 1.0/5 "Really Bad"
      I have been using life insurance with TATA AIG GENERAL INSURANCE there service is not up to the mark this policy while i have applied they said it will cover up to 10,00,000, i have been taken this insurance for my wife they said 10,00,000 rupee they will cover it but i did not get they said that you will get interest on that which premium you had paid yet not 10,00,000 a hole.so they did not kept their words.
      Was this review helpful? 0
      , noida
      Reviewed on Nov 16, 2018
    • Future Generali Life Life Insurance
      "Good"
      0.5 4.0/5 "Great!"
      I have a life insurance with Future Generali. It was taken by my Father and not sure about the policy benefits. It is a long term policy. I am paying between 12K to 13K yearly. I pay the premium by cheque. It was taken in 2016. I do get sms and emails for due date.
      Was this review helpful? 1
      , mumbai
      Reviewed on Nov 16, 2018
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