Guaranteed death claim settlement in 1 working day*
At Bharti AXA Life Insurance, we have remained steadfast in keeping our promises. This has driven us to follow a ‘customer-first’ approach. We have always strived to make positive differences in the lives of our customers.
Therefore, apart from providing a stellar claim settlement ratio, we also ensure that we settle death claims within one working day.
*T & C
- Applicable for Death Claims under Retail business.
- The policy/policies have to be active for 3 continuous years.
- All the mandatory documents have to be submitted at your preferred branch before 3 PM on a working day.
- Day 1 would be counted from the day on which all pending documents are received.
- The total claim amount of all the policies should be less than or equal to Rs 50 lakhs.
- Claims guarantee program is applicable only for non-investigative death claims.
- This guarantee is not applicable for the claims received during the first 6 days of the month.
Payment of interest on claim amount for delay of each day beyond 1 working day*
Delay in processing a death claim can be distressing for the beneficiary, especially if the policyholder who passed away was a breadwinner.
Despite our best efforts, if the nominee doesn’t receive the death claim on time, we compensate the beneficiary by paying interest on the claim amount for delay of each day beyond 1 working day.