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Life insurance pays out a sum of money either on the death of the insured person or after a set period.

Life Insurance Claims

1. Death Claims

In case of a claim under your life insurance policy, your beneficiary needs to submit following documents:

  • A fully filled claim form
  • Original policy bond or contract
  • An original, or certified copy of the policyholder‘s death certificate
  • Proof of identity as the beneficiary

2. Maturity Claims

In order to avail maturity benefits of your life insurance you need to submit the following to your insurer

  • Original policy bond
  • Maturity claim form

Verdict

Due to the innumerable benefits of life insurance like life protection, financial security, tax benefits etc., it becomes difficult to avoid it. So, you must do a favor to your dear ones and protect yourself against death and disabilities by opting for life insurance. Air, water, food and shelter are indispensable for all of us, so why is it that we are ignoring insurance? Make life insurance your oxygen and provide respite to your family by insuring your life.

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