- Life Insurance
Life Insurance
When you buy insurance from us, you get more than just financial safety. You also get: our promise of simplifying complex insurance terms and conditions, quick stress-free claims, instant quotes from top insurers and being present for you in the toughest of times.
- Life Insurance
Term Life Insurance
Term Life insurance provides coverage for a fixed period of time at a fixed premium rate.
In case of untimely death of the life insured during the policy term, the nominee of the life insured gets the Total Payout/Benefit. The benefit can be paid out as a lump sum payout or a combination of Lump sum & Monthly payout or only as a Monthly payout.
Therefore Term insurance plans are said to be pure protection plans which ensure financial stability of the dependants in case of untimely death of the life insured.
- Insurance Plan
Child Plan
Child plans are insurance cum investment plans that help an individual create a corpus for children's future, over a period of time (policy term).
On maturity, these plans pay a lump sum amount which can be used to pay your child's college fees or marriage expenses.
- Insurance Plan
ULIP Plan
Unit Linked Insurance Plans (ULIPs) are a type of life insurance plan that offer the dual benefits of life insurance and investment.
A portion of the premium paid for a ULIP is invested in a variety of market-linked funds, while the remaining portion is used to provide life insurance coverage.
- Insurance Plan
Endowment Plan
An endowment plan is a life insurance plan that offers a life cover1 and helps you grow your money.
It provides returns that are fixed at the time of the purchase of the policy.
It can be used to save for various goals like buying a house, your child's education or marriage, starting a new venture and more.
- Insurance Plan
Pension Plan
Pension plans let you accumulate a corpus of funds through a lump sum investment or premiums that you pay over a period of time.
Upon retirement, you receive regular payments from your corpus to ensure that the expenses can be met and your future is secure.
- Insurance Claim
What is an Insurance claim?
An insurance claim is a formal request to your insurance provider for reimbursement against losses covered under your insurance policy.
Insurance is a financial agreement between you and your insurer. You have to pay a fixed premium. And in exchange, the insurance provider offers financial cover for losses based on the policy terms.
When the event covered under your policy occurs, a claim must be filed. The purpose is to notify the insurer that the event for which you have opted for an insurance has occurred and the insurer should pay the claim amount.
A life insurance claim is raised by the nominee in the unfortunate event of the policyholder's demise. It may require the beneficiary to submit documents like a copy of the death certificate, FIR, PAN, and other documents along with a claim form. Once the insurance company has verified all information, a payout is made to the beneficiary's account.
- Insurance Claim
How does an Insurance claim work?
An insurance claim acts as a safety net against financial losses.
Unforeseen expenses like medical emergencies, accidents, and life’s uncertainties can cause immense economic distress. Insurance claims can provide relief in such unfortunate events.
The funds can cover medical bills, act as income replacements, and help your family meet their living costs. If you have financial dependents, claim payouts can serve as a lifeline if your family loses the support of your income.
- Documents Required
What documents are required to intimate a claim?
Following are the list of documents you will require to raise a Death Claim:
- Mandatory documents required for claim registration:
- Documents Required
Death at hospital / Death at a place other than hospital
* Admission form
* Hospital treatment papers
* Discharge summary
* Diagnostic reports
- Documents Required
Death due to accident, suicide, murder
* Admission form
* Indoor Case Papers(ICPs),
* Discharge summary
* Diagnostic reports
In the event of death of the nominee, legal heir of the nominee can submit a claim by providing any one of the following documents:
• Nominee death certificate along with succession certificate
OR
• “Will” of the Life Assured or the nominee who died last OR Indemnity of Rs 600/- from the current nominee along with No Objection Certificate from the remaining legal heirs
- Customer Feedback
We are focussed on establishing a long-term, enduring relationship with you, built upon mutual trust.
- From our Thought Leaders
