Make A Claim

Fraud and non-disclosure have different legal standards under Section 45. Courts require intent to deceive for fraud, mere knowledge for non-disclosure. 994 cases analysed.

The 3-year contestability clock under Section 45 resets to zero if your policy lapses and is revived. Adding a rider starts a separate clock. Know when your protection begins.

Section 45 bars insurers from questioning your policy after 3 years “on any ground whatsoever.” But does that include fraud? The statute, the court rulings, and the gaps.

When comparing term insurance plans, most people look at the insurer’s claim settlement ratio (CSR) as the single most important metric. A CSR of 98% sounds reassuring. But that number tells you how many death benefit claims were settled, not how rider claims performed. If you have added a critical illness rider, accidental death benefit, … Read more

Ask anyone how they chose their term insurance policy, and the answer is almost always the same: “I picked the insurer with the highest Claim Settlement Ratio.” It sounds logical. A 98% CSR means 98 out of 100 claims were paid, right? So why worry? The problem is that CSR, while useful, hides more than … Read more

Your family buys term insurance expecting that if the worst happens, the claim will be paid without hassle. In most cases, it is. Industry-wide claim settlement ratios in India are above 98%. But the remaining 1-2% of claims that get delayed, disputed, or denied are often caused by issues that were completely preventable. These are … Read more

A term insurance policy does its job only when the claim is paid. And a claim gets paid only when the right documents are submitted, complete and on time. This sounds simple, but it is where many families struggle the most. During one of the most difficult periods of their lives, families are asked to … Read more

Non-disclosure is the #1 reason term insurance claims get rejected in India. We cover the exact causes insurers cite, red flags they check, and steps to make your policy claim-proof.

Most Indians buying term insurance want to know the term insurance claim settlement ratio. They ask one question: “What is the company’s Claim Settlement Ratio?” It is a smart question because CSR tells you how often an insurer pays out. But here is the twist: CSR is not the full picture. It hides things like … Read more

Losing a loved one is one of the hardest things you’ll ever go through. The last thing you need is confusion about how to claim the life insurance they left for you. If you’re reading this, you’re probably navigating grief while trying to figure out paperwork, phone calls, and processes you never wanted to learn … Read more

Imagine your loved ones facing not only the grief of your loss but also the financial uncertainty due to complications in receiving your life insurance payout. Designating a nominee doesn’t always guarantee a smooth claim process. This article covers the common pitfalls and legal complexities that can cause nominee confusion, potentially delaying or even denying … Read more

Non-recognised hospitals can void your claim even when treatment is genuine. Always check NABH accreditation before admission. Disease misclassification by insurers can trigger exclusions you didn’t expect. Understand your policy’s exclusion list. Lapsed policies from missed premiums kill claims silently. Always confirm ECS/auto-debit payments are credited. Document errors like wrong hospital names or … Read more