Shriram Life Insurance Claim Settlement
Shriram Life Insurance Company promises a simple and easier claim intimation and settlement protocol. The claims department makes sure that all the legitimate claims are processed as soon as possible with the least discomfort to the claimant. Keeping in touch with the rapidly digitizing world, Shriram provides both online and offline options of claim settlement to its customers.
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FAQs
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Are the Shriram Life Insurance Claim Forms available only in English?
No. To facilitate all customers with the ease of the claim settlement process, Shriram Life Insurance has made available the death claim forms in 9 different vernacular languages – Hindi, Bengali, Gujarati, Tamil, Telugu, Oriya, Marathi, Kannada, and Malayalam. You may browse the forms in your native language under the Claims Form section page.
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What about the Shriram Life Insurance claim amount if the nominee dies during the policy term?
In case of the death of the nominee during the Shriram Life Insurance policy term, the insured is bound to nominate someone else under Insurance Act Section 39.
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What will be the average period required to settle the Shriram Life Insurance claim raised?
If you have the complete set of claim documents ready with you, your Shriram Life Insurance claim can be settled within 30 days. Some claims may require further investigation which may consume a bit of more time.
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Can the claims be rejected by Shriram Life Insurance Company?
Yes, your claims can be rejected on the grounds of Lapsation Status of Insurance Policy. This Shriram Life Insurance policy indicates a non-coverage of a particular loss of event which has not been qualified under the loss definition (either marginally or totally).