TATA AIA Life Insurance Claim Settlement
Claim Settlement of TATA AIA Life Insurance
Tata AIA Life proudly achieved an impressive 99.01% claim settlement ratio during the FY 2022-23. This means that they have successfully settled a vast majority of the claims received. What's noteworthy is that Tata AIA Life makes the entire claims process convenient and accessible for policyholders. Whether you prefer the ease of online filing or the offline approach, the company offers both options. You can submit your claim effortlessly through the Tata AIA Life website or visit any branch office. The company follows a hassle-free process and ensures transparency in claim settlement to avoid any possibility of fraud.
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Claim Process at TATA AIA Life Insurance
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FAQs
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Who will receive the claim payout/claim benefit?
The nominee/beneficiary/legal heir is entitled to receive the claim payout/benefit as mentioned in the policy by policyholder.
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How will I receive the claim payout?
Tata AIA Life offers claims payout to the claimant through NEFT(National Electronic Fund Transfer) or by Cheque.
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How can I file a claim for my Tata AIA Life Insurance policy?
The claimant can choose to file the claim online on Tata AIA Life website or by visiting any Tata AIA Life Insurance branch office to file for a claim.
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What is the claim settlement ratio of Tata AIA Life insurance?
Tata AIA Life has featured a high claim settlement ratio of 99.06% in the FY 2019-20.
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How long does Tata AIA Life Insurance take to settle a claim?
Tata AIA Life Insurance takes 30 days to settle a claim after receiving the claim intimation and documents. If in any case the claim requires investigation it takes 90 days for Tata AIA Life Insurance to settle a claim after receiving the intimation and documents.