ICICI Pru Group Term Plus

a. For lender-borrower groups

For natural deaths: a) Claim intimation form b) Member Policy Schedule, certificate of insurance as applicable c) Death certificate issued by the local authority in case of death claim d) Credit account statement to the extent of outstanding loan balance amount in favour of Master Policyholder, if applicable e) KYC of both life assured and nominee, Nominee bank details f) Any other documents or information as may be required by the Company for processing of the claim depending on the cause of the claim g) The Company reserves the right to call for additional information, documents or particulars, in such form and manner as the Company would prescribe, and the benefits would be paid only after receipt of such additional information, documents or particulars.

For unnatural deaths (suicide, accidental, murder): a) Claim intimation form b) Member Policy Schedule, certificate of insurance as applicable c) Death certificate issued by the local authority in case of death claim d) Credit account statement to the extent of outstanding loan balance amount in favour of Master Policyholder, if applicable e) KYC of both life assured and nominee, Nominee bank details f) Copy of FIR g) Panchnama h) Inquest Report i) Postmortem Report j) Driving Licence* k) Any other documents or information as may be required by the Company for processing of the claim depending on the cause of the claim *If death is due to road accident and the life assured was driving / riding the vehicle The Company reserves the right to call for additional information, documents or particulars, in such form and manner as the Company would prescribe, and the Benefits would be paid only after receipt of such additional information, documents or particulars.

For more details, kindly refer the Part F, Clause 9- Claim Payment of the Policy document:

Death Benefit: In the event of death of a Member during the coverage term, the Sum Assured with respect to such Member shall be paid to the nominee/legal heir as per the terms and conditions of the Master Policy. Upon payment of Death Benefit to the Claimant, the Member’s cover will terminate and all rights, benefits and interests of the Member under the Member’s cover will stand extinguished. In the event of death of the Member on the Date of termination of cover or terminal date, then death benefit shall not be payable. The Member cover shall terminate with all rights and benefits thereunder.

For more details, kindly refer Policy document:

The following exclusion is applicable only to non-employer-employee groups with policy term of one year. If a member dies a natural death within the first 45 days of joining the Policy while the cover is in force, the cover shall be void for the member and premium paid shall be refunded after deducting proportional expenses incurred by us for the issue of the cover. The above lien period of 45 days will not be applicable in case of death due to accident. The above lien period will not be applicable for members whose benefit is beyond the Free Cover Limit i.e. members who have undergone medicals and for members covered through schemes which have migrated from other insurers.