Which Forms To Fill For Death Claim For LIC Policy?

There are two types of claims a policy holder has to deal with- maturity claims and death claims. Under maturity claim, the amount will be paid to a policy holder at the end of the policy tenure.

Under death claims, the amount is payable upon death of the policy holder before the policy matures.

In case of an event of a death of the policyholder, the family members have to inform the Corporation regarding the same along with written application which should include information such as the name of the deceased, policy number, your relationship along with your contact number.

As per rules, the insurance company has to make settlement within 7-8 days of receiving the proper documents.

The LIC office may ask for following requirements:

a) Claim form A (Form No 3783 )

A person who is requesting for the claim amount should give a statement providing details of the deceased and the claimant.

b) Death Certificate
c) Documents related to age proof if age is not admitted.
d) Legal evidence of title, if there is no nomination
e) Original policy document
f) NEFT Form

If the death occurs within three years below forms along with other documents should be submitted;

a) Claim Form B (Form No 3784)

This form to be filled by hospital or doctor who was in charge of the deceased during last illness.

b) Claim Form B1 (Form No 3816)

Claim Form B1 form is to be filled if the life assured received treatment in a hospital.

d) Claim Form C (Form No 3785)

This form should be filled by a known person who has attended a burial or cremation of the deceased.

e) Claim form E (Form No 3787)

Certificate by the employer if the policyholder was working person.

Conclusion

LIC has right to ask for information to check the genuineness of the claim. Claims can be rejected in case of fraudulent suppression of material information to make sure that claims are not paid to fraudsters.