When making a life insurance claim, it is important to provide the necessary documentation to get the claim smoothly. But generally, the following documents are commonly required to apply for a deceased claim:
1. Death Certificate plays a Major role:
A certified copy of the insured person’s death certificate is the primary document to apply for a death claim in any financial organization. This document acts as official proof of the individual’s death.
2. Claim Form:
The insurance company will provide a claim form that needs to be filled out correctly and submitted. This form mainly includes details about the policy, the deceased person details,nominee details, the Nominee’s Bank account details, etc.
3. Policy Document:
The original life insurance policy document or a soft copy is too eligible to claim for a death claim. This document contains information about the coverage, beneficiaries, nominee details, and other relevant details.
4. Identification Proof of Claimant:
The person making the claim (nominee or legal heir) needs to provide ID and address proof such as an election ID card, AAdhar card, Pan, passport, or driver’s license to establish their identity as nominee or legal heir.
5. Relationship proof seeking:
If the claimant is not included as a nominee or legal heir, proof of the relationship with the deceased is required. This may include a marriage certificate or a legal document establishing kinship or may require a notarized copy
6. PostMortem Report (if applicable):
In cases where the death is due to unnatural or suspicious causes, the insurance company may request a postmortem report to identify the circumstances surrounding the death. Or the claimant company may investigate the case in their way.
7. Medical Records (if applicable):
If the policy has specific clauses related to health conditions or the cause of death, In some cases medical reports may required to be submitted.
8. Police FIR and Final Report (if applicable):
In cases of accidental or unnatural death, the insurance company may request a copy of the First Information Report (FIR) filed with the police and the final investigation report.
9. Assignment and Nomination Forms (if applicable):
If the policyholder assigned or nominated someone else to receive the benefits, the relevant forms need to be submitted to the bank.
10. Bank Details:
The insurance company will require the bank account details of the beneficiary for the disbursement of the claim amount. In general, the amount provided through Demand Draft or NEFT/RTGS
It’s important to contact the insurance company or the agent after the policyholder’s demise to know the specific requirements and initiate the claims process. Timely submission of accurate documentation can help both the parties to the nominee as well as to the bank or financial organization.
