SBI Life Insurance Claim Settlement
Claim Settlement of SBI Life Insurance
SBI Life Insurance has a simple, quick, and hassle-free claim intimation and settlement process. SBI Life featured a high claim settlement ratio of 93.09% FY 2020-21. The insurer makes sure that the amount of claim is received to the entitled person/family quickly and easily. SBI Life insurance follows a simple 3 step process for the ease of its customer.
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Claim Process at SBI Life Insurance
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FAQs
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Who receives the claim benefit?
The claim benefit can be received by the nominee you appoint while you purchase the insurance policy, the policy holder or the assignee the person in whose favour the policy has been assigned.
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What happens when the nominee dies or hasn't been mentioned in the policy?
If the nominee dies or hasn't been mentioned in the policy, your family members will have to produce proof establishing their right to claim the policy benefit.
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How do I file a SBI Life claim online?
To file the claim online visit SBI Life Insurance website and fill information like Policy number, Date of Birth and select the claim type then submit to file the claim online.
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How much time does it take to settle the claim?
Your claim will be decided upon and settled within 30 working days of receiving the required and valid documents.
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Where do I email my documents for a claim?
For death claims you can email the documents at claims@sbilife.co.in and for maturity/survival/annuity claims documents can be mailed at maturity@sbilife.co.in.