Here’s what to keep in mind when a death claim is being filed

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It is always hard to cope with the death of someone in the family. Life insurance is what makes sure that the family of the deceased does not have to face any financial issues in the aftermath of the unfortunate situation. When the person insured passes away in the policy tenor, the sum assured is paid out to the beneficiaries once the death claim has been filed. The forms must be filled out, providing proof of the demise and also establishing the right of the beneficiary to the subsequent proceeds.

The necessary documents have to be submitted for death claims. These include the following:

  • Original Policy Bond
  • Death Certificate
  • Death Claim Forms provided by the insurer and other documents as needed

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In case of Accidental Death Claims, the following documents are required:
  • Medical report stating the cause of death
  • Accidental Death Benefit Claim Form
  • Written statement highlighting the location, date and nature of accident
  • Copy of Police FIR
  • Death Certificate
  • Official documents proving the identity of the beneficiary and his/her relationship with the deceased
When it comes to beneficiaries, there are three kinds that you should know more about:
  • Primary Beneficiary: This is the beneficiary first in line to get the insurance policy benefit. There can be more than a single primary beneficiary depending on the policy in question.
  • Preferred Beneficiary: This can be the spouse/child/parent/grandchild.
  • Contingent Beneficiary: In case of death of the primary beneficiary at the same time or before the death of the person insured, the contingent beneficiary will be getting the proceeds. In the case of no beneficiaries, the amount will be given to the estate.
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These are the key family members who are beneficiaries/nominees:

  • Spouse of the insured person in case there is no legal separation.
  • Surviving children of the insured person which includes foster/adopted children, step-children and children born within 300 days from the date of the death of the insured person in equal shares.
  • Failing both these categories, the father and mother will be the beneficiaries with equal shares.
  • In other cases, the amount goes to the estate of the insured person.

Each and every customer who has a grievance may not find it possible to keep fighting for his/her rights. The consumer forums can only redress grievances of those who are approaching them in a timely manner.

We at Insurance Samadhan help aggrieved clients to correctly represent their case to the Consumer Forum in getting their rightful claim. For further details visit https://www.insurancesamadhan.com/services/

Shailesh Kumar

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