We settle your claim in 3 quick and simple steps
Step 1 – Claim Reporting

Step 2 – Claim Processing

Step 3 – Claim Settlement

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.
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.
The time insurers take to verify and pay the insured sum varies on a case-to-case basis. If the documents are in order, claim settlement takes only a few days. To make sure claims are disbursed without delay in times of need, you must look into the insurer’s credibility and customer service record before buying insurance.
However, when you buy insurance, you must disclose all details about your health and lifestyle habits to your insurer. If you suppress or misstate any fact, the insurer can reject claims on your policy.
COMP/DOC/Oct/2020/610/4559
Report a claim in case of the unfortunate demise of your loved one. Please click the link below to view the documents required.
view documents for death claimsReport a claim in case of a medical emergency such as hospitalisation. Please click the link below to view the documents required.
view documents for health claims
*Claim statistics are for Financial Year FY2020-21 and is computed basis individual claims settled over total individual claims for the financial year. For details, refer to Public Disclosures in our Website.
~Claim will be formally registered after we receive us a written request of your claim at our branch or Claims Cell office.
^Provided no investigation is required.
** COMP/DOC/May/2021/55/5712
COMP/DOC/Aug/2018/38/1499.