Step 3. Claim Settlement
- Answer
-
- After a comprehensive evaluation, we will render a fair and timely decision on the claim.
- Turnaround Time (TAT) in Claims Process as stipulated by IRDAI for Death Claims:
- Settlement or Rejection or Repudiation of claims where investigation is not required: Within 30 days from the receipt of the last necessary document.
- Settlement or Rejection or Repudiation of claims where investigation is required: Investigation must conclude within 90 days from the date of the claim intimation, with settlement within 30 days thereafter.
- After a comprehensive evaluation, we will render a fair and timely decision on the claim.