Bandhan Life Insurance Claim Settlement
Claim Settlement of Bandhan Life Insurance
Aegon Life Insurance provides an easy and quick claim settlement process. The insurance company allows you to settle a claim both online as well as offline. The insurer featured a high claim settlement ratio of 99.25% in the FY 2020-21. Aegon Life Insurance ensures complete transparency ensures that there are no problems caused during the claim settlement process.
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Claim Process at Bandhan Life Insurance
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FAQs
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What is the claim settlement ratio of Bandhan Life Insurance?
Bandhan Life Insurance featured a high claim settlement ratio of 98.37% in the FY 2019-2020.
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How will I receive my claim amount?
Aegon Life Insurance makes claim payouts through direct bank transfers or through cheques.
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Who receives the death claim benefit?
The nominee/assignee/beneficiary/legal heir as mentioned in the policy by the policyholder is entitled to receive the death claim benefit.
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What is the ideal time period to report/intimate a claim?
All types of claims are to be reported immediately to the insurance company for a faster and hassle-free claim settlement process.
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Do Bandhan Life Insurance policies cover COVID-19?
Yes, Bandhan Life Insurance policies cover any hospital expenses at the time of diagnosis of COVID-19 and also one can request a claim for death caused due to COVID-19.