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How to Claim LIC After Death?

Published in LIC Claims 4 mins read

Claiming an LIC (Life Insurance Corporation of India) policy after the death of the policyholder involves a systematic process to ensure the rightful nominee receives the benefits. The key is to gather all required documents and submit them promptly to LIC.

Steps to File an LIC Death Claim

Navigating the death claim process with LIC can be straightforward if you follow the correct procedures. Here are the essential steps:

  1. Inform LIC: The first step is to notify LIC about the demise of the policyholder. This can usually be done by visiting the nearest LIC branch office or contacting their customer service.
  2. Obtain Claim Forms: LIC will provide you with the necessary claim forms, typically including Claim Form A and the Claimant's Statement.
  3. Gather Required Documents: This is a crucial step. Ensure you collect all the documents specified by LIC. These typically include personal identification and official records related to the death.
  4. Complete Forms Accurately: Fill out all sections of Claim Form A and the Claimant's Statement completely and accurately, providing details of both the deceased and the claimant.
  5. Submit Documents: Submit all completed forms along with the supporting documents to the LIC branch office where the policy was issued or any other designated LIC office.
  6. Verification and Processing: LIC will verify the submitted documents and details. They may conduct an investigation if necessary, particularly in cases of early claims or suspicious circumstances.
  7. Claim Settlement: Once the verification is complete and the claim is approved, the claim amount will be disbursed to the nominee's bank account.

Essential Documents for an LIC Death Claim

To ensure a smooth and quick claim settlement process, it is vital to have all the necessary documents ready. Here is a list of the key documents generally required:

Document Type Description
Claim Form A The primary application form for the death claim.
Claimant's Statement A detailed statement from the nominee or claimant, providing information about the deceased and themselves.
Certified Extract from Death Register An official death certificate obtained from the municipal corporation or concerned authority.
Form 3801 - Discharge Form A form signed by the claimant, acknowledging receipt of the claim amount.
Proof of Age (Claimant and Deceased) Documents such as PAN card, Aadhaar Card, passport, or birth certificate for both the claimant and the deceased.
Original Policy Document The original physical copy of the LIC policy bond.
Medical Records (if applicable) Physician's statement, hospital records, post-mortem report, or police inquest report (especially for unnatural deaths).
Identity Proof of Claimant Aadhaar card, PAN card, passport, voter ID.
Address Proof of Claimant Aadhaar card, utility bills, passport, driving license.
Bank Account Details of Claimant A cancelled cheque or bank passbook copy for direct fund transfer.

Important Considerations for a Smooth Claim Process

  • Timely Submission: It is advisable to submit the claim documents as soon as possible after the policyholder's demise to avoid delays.
  • Original Documents: Always provide original documents for verification, as photocopies might not be accepted without proper attestation. Keep photocopies for your own records.
  • Nominee Details: Ensure that the nominee details in the policy are updated. If no nominee is registered, the legal heirs will need to obtain a succession certificate, which can be a lengthy process.
  • Keep Records: Maintain a copy of all submitted documents and correspondence with LIC for your reference.
  • Contact Branch: For any queries or assistance, contact the LIC branch where the policy was originally taken or the nearest LIC office.

By following these steps and ensuring all documentation is accurate and complete, the death claim process with LIC can be managed efficiently, providing timely financial support to the grieving family.