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Usually the Insurance Company will send intimation attaching the discharge voucher to the policy holder at least 2 to 3 months in advance of the date of maturity of the policy intimating the claim amount payable. The policy bond and the discharge voucher duly signed and witnessed are to be returned now health care the insurance company immediately so that the insurance company will be able to make payment.

If the policy is assigned in favour of any other person the claim amount will be paid only to the assignee who will give the discharge. What is click at this page by settlement options.

Settlement option means the facility made available to the policy holder to receive the maturity proceeds in a defined manner click the following article terms and conditions are specified in advance at the inception of the contract.

What documents are generally required to be submitted in case of death of life assured while the policy now health care in force. The basic documents that are generally required are death certificate, claim form and policy bond, Other documents such as medical attendant's certificate, hospital certificate, employer's certificate, police inquest report, post mortem now health care etc could be called for, as applicable. The claim requirements are usually disclosed in the now health care bond.

What Motor Insurance cover should I buy. Third Party Liability insurance is mandatory for all vehicles plying on public roads in India. This covers Liability for injuries and damages to others that you are now health care for.

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