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 In Case you are facing problems with your policy claims, and you have no professional help available, then you may visit our office in person with all your policy realted documents, so that we can provide you professional help and proper guidance for a easy process.

 

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Claims Helpline

 What are the additional requirements to be fulfilled to settle death claims on LIC policies?

The additional requirements for settling death claims depend upon the duration of the policy. The table set below provides details regarding the requirements.

There are two types of death claims, early & non early. If the death of insured person takes place within 3 yrs of starting the LIC POLICY, it will be called early death claim otherwise non early death claim and non early death claims are settled within 30 days from the date of receipt of all requirements.

There can be a scope of cheating/ fraud in early death claims so LIC deals strictly with these and there is little extra procedure needed to be follow in early death claim. READ HOW TO FILE A CLAIM


 

Duration of Policy less than 3 years

 


Duration of Policy between 3 to 5 years

  • Policy Document.
  • Deeds of assignment or reassignment executed separately, if any.
  • Proof of age if age not admitted earlier.
  • Claim form "A" (Form No. 3783 revised).
  • Certificate of Death. If the certificate of death is not in the standard form, then one of these forms is required Claim Form "B" (Form No. 3784 revised).
  • Legal evidence of title if the policy is not assigned or nominated.
  • Form of Discharge (Form No.3801) duly executed and properly witnessed.

 


Duration of Policy more than 5 years

  • Policy Document.
  • Deeds of assignment or reassignment executed separately, if any.
  • Proof of age if age not admitted earlier.
  • Claim form "A" (Form No. 3783 revised).
  • Certificate of Death.
  • Legal evidence of title if the policy is not assigned or nominated.
  • Form of Discharge (Form No.3801) duly executed and properly witnessed.

Important Points:-

In case of policyholder’s unnatural death caused by accident, suicide etc. the LIC may require some additional details besides above mentioned documents depending on the nature of the case.

  • In case the death claim arises within 2 yrs of taking the policy, LIC will admit claims only after the necessary investigation conducted by the LIC Authority. Due to the procedure, the settlement of claim may take little extra time.
  • In the absence of nominations under the policy, the list of all the successors should be submitted on Form no. 3806 and on submission of Declaration Form a claim up to Rs 250000 can be settled without succession certificate.

For any kind of further information, you can write your comments and we shall reply them shortly.