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LIC Term Insurance Claim Settlement
Claim Settlement Ratio | 98.62% |
Customer Care | 8:00 AM to 8:00 PM |
Death Benefit Paid For | 73,3809 Policies |
Inception | 1956 |
Presence | 2048 Branches |
Total Death Benefit Paid | 12797.85 Crore |
Term Life Insurance Premium Calculator
Gender
- Male
- Female
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Choose required coverage to secure your family’s future
Best LIC Term Insurance Plans
- LIFE COVERTax Free₹1 Cr
- CLAIMS SETTLED ₹99.4%
- Special Exit Benefit
- Terminal illness
- Accidental Death
- LIFE COVERTax Free₹1 Cr
- CLAIMS SETTLED ₹99.7%
- Special Exit Benefit
Claim Settlement of LIC Term Insurance
User Reviews
- All
- Provide Flexibility
At Insurancedekho companies, you can Compare plans whenever you are free and contact the customer support team at your convenience. I have no words to express my thanks to the customer team of InsuranceDekho. I bought my LIC Term Life Insurance Plan conveniently through your "anytime assistance" feature.
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VLICBy Vanshikha SharmaOn: Feb 09, 2024 - Best Customer Support
My purchase of a team insurance policy from InsuranceDekho was amazing. The customer support team made my purchase of the LIC term insurance plan quick and easy. Loved it!
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JLICBy Janvi PalOn: Dec 12, 2023 - An affordable plan
I used the online term calculator to evaluate the premium of the LIC Term Insurance Policy. When I found that the premium of the plan matched my budget, I instantly bought it.
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DLICBy Dev ShreeOn: Nov 24, 2023 - I got friendly suggestions
When I was buying the LIC Term Insurance Policy from InsuranceDekho, the team provided me with friendly advice. They not only helped me select the desired term plan but also explained everything about the buying process.
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DLICBy Deepti GargOn: Nov 21, 2023 - Empowerment through Term Insur...
With the LIC Term Insurance Policy, InsuranceDekho empowers customers like me with valuable knowledge about term insurance. It's a knowledge hub for making well-informed financial choices.
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MLICBy Mamta KhatiOn: Nov 15, 2023
Why to Buy Term Insurance Policy Online from InsuranceDekho
- Tax benefit upto 1,50,000*
- Claim support everyday 10AM-7PM
- 80 Lacs+ happy customers
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LIC Term Insurance Contact Details
Claim Process at LIC Term Insurance
- 1
Claim Intimation
In the case of death of the life assured, a claim intimation to the insurance company must be made as early as possible. - 2
Submission of Documents
Claim form, death certificate, original policy document, and more documents must be submitted to ensure smooth claim settlement. - 3
Claim Evaluation
Once the documents are submitted, the insurance company will conduct thorough evaluation of the claim filed. - 4
Claim Settlement
If claim request is approved, claim settlement is done within 30 days. If additional investigation is required, it make take 6 months.
Best Insurance Advisors in Your City.
Partner Term Insurance Companies
- ICICI Term Insurance
- Max Life Term Insurance
- HDFC Life Term Insurance
- Aditya Birla Sun Life Term Insurance
- Bandhan Life Insurance
- PNB MetLife Term Insurance
- Kotak Term Insurance
- SBI Term Insurance
- Bharti AXA Term Insurance
- Bajaj Allianz Term Insurance
- Canara HSBC Term Insurance
- Tata AIA Term Insurance
- Aviva Term Insurance
- Reliance Nippon Term Life Insurance
Disclaimer: InsuranceDekho does not endorse, rate or recommend any particular insurance company or insurance plan.
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