Three categories—Death Claims, Maturity Claims, and Rider Claims—can be used to group life insurance claims. If the life assured passes away unexpectedly, the nominee may request life insurance claim benefits. Let's go over each in more depth.

Death Claims

• Intimation of Claim
  The nominee should notify the insurance company of the claim in writing as soon as feasible. The information should include the policy number, the insured's name, the insured's date of death, the insured's location of death, the claimant's name, etc. The nominee may obtain a claim intimation form by visiting the insurance provider's nearest branch or by downloading one from the company's website.
  
• Submit Proper Documentation
  To get your claim settled easily, it is required that you should submit your relevant documents. The nominee will be asked to present given below documents to the insurer: 1) Death Certificate 2) Age of the Insured (Birth Certificate) 3) Original Policy Document 4) Any other documents requested by the insurer
  
• Claim Settlement
  The insurer is required to resolve the claim within 30 days after receiving all supporting documentation from the insured. However, there may be instances where an insurer requests additional research. In this case, the insurer must finish its processes within six months of receiving the written claim notification.
  

Maturity Claims

• In accordance with this claim procedure, the insurance provider pays the policyholder after the policy's expiration or maturity date. The money assured plus any bonuses or incentives make up the amount due. The insurance company contacts the policyholder in advance and provides a bank discharge form so that they can take advantage of this benefit. The policyholder must fill out the form completely and return it to the bank with all necessary supporting documentation.
  




Rider Claims



• A rider is defined as an additional service provided by an insurance company by paying an additional premium to the basic plan. Life insurance policies can be linked to different drivers. Accident drivers, seriously ill drivers, hospital paid drivers, award winning drivers and more. Each driver is billed differently as part of the driver qualification process. Passenger claims such as premium waivers, accidental death, etc. will be resolved after resolution of the death claim. Other passenger claims may be resolved by submitting relevant documentation along with a properly completed claim form and a copy of the policy.