LIC of India Life Insurance Claim Settlement
Claim Settlement of LIC of India Life Insurance
Life Insurance Corporation is the oldest and one of the largest life insurance providers. Life Insurance Corporation featured a high claim settlement ratio of 98.62% in the FY 2020-21. Life Insurance Corporation of India provides a claim settlement process at their branch office only to ensure that no fraudulent claims are raised. Life Insurance Corporation follows a hassle-free yet strict claim settlement process.
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Claim Process at LIC of India Life Insurance
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FAQs
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What is the claim settlement ratio of Life Insurance Corporation?
Life Insurance Corporation featured a high claim settlement ratio of 97.79% in the FY 2019-20.
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Where can I download the claim forms from?
You can download the claims forms from Life Insurance Corporation official website by following simple steps:
Step 1: Visit the Life Insurance Corporation website and click on ‘LIC Online Service Portal’
Step 2: Click on ‘Claim forms’ on the right menu under ‘LIC Online Service Portal’
Step 3: Choose the claim form as required according to your claim and download the form. -
What is the toll-free helpline number of Life Insurance Corporation?
Toll-free helpline number of Life Insurance Corporation is 022 68276827.
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What documents ID Proof and address proof required while applying for an insurance policy?
The following documents can be considered for ID and Address Proof while applying for an insurance policy:
- PAN Card Passport
- Aadhar Card
- Driving License
- Bank Account Statement
- Voter Identity Card.
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How to apply for a LIC life insurance policy claim?
One needs to inform the insurance provider regarding a claim at the branch office. The claims are handled at the LIC branch office only.
LIC of India Life Insurance Contact Details
LIC of India Life Insurance
022-6827-6827Mon to Sat 8:00 AM to 8:00 PM