Compare & Buy Car, Bike and Health Insurance Online - InsuranceDekho
Claim, renew, manage & moreLogin
HomeLife InsuranceLife Insurance CompaniesAgeas Federal Life Insurance

Ageas Federal Life Insurance Claim Settlement

Term Life Insurance Premium Calculator

Gender

  • Male
  • Female

Date of Birth

calendericon

Do you smoke or chew tobacco?

  • Yes
  • No

Choose required coverage to secure your family’s future

50L
1Cr
1.5Cr
2Cr
Disclaimer :
1. Premium has been calculated for coverage till 60 years
2. Eligibility depends on income, occupation and educational qualification

Claim Settlement of Ageas Federal Life Insurance

Ageas Federal Life Insurance (formerly IDBI Federal Life Insurance Co Ltd.) has a claim settlement ratio of 95.07% in the financial year of 2020-21. This is among the top in the entire country, and this goes to show that the company honours its claims and promises. The claim settlement procedure by the company has been designed to be fast, easy, and hassle-free.

  • How To Make Claim

    Ageas Federal Life Insurance Online Claim Settlement Process

    Ageas Federal Life Insurance does have an online claim settlement process. The nominee or the claimant has to visit the nearest office and intimate the claim offline. 

    Ageas Federal Life Insurance Offline Claim Settlement Process

    Ageas Federal Life Insurance has a simple claim procedure. Visit the branch and intimate the claim. Register the claim by filling the forms and submit the requested document. The claims officer would study the legitimacy of the claim and decide on the claim within 8 days. After reaching a decision on the claim, you would be informed of that decision, and the money will be wired to your account if the claim is passed.   

  • Documents Required

    Documents Required for Ageas Federal Life Insurance Claims

    Ageas Federal Life Insurance requests the following documents to process the claim.

     

    Claim Type

    Documents Required

    Natural Death Claim
    • Original Policy Document
    • Attested copy of nominee’s photo ID, residential proof 
    • Original/attested copy of death certificate issued by municipal Corporation
    • Death Claim Form
    • Medical records 
    • Past illnesses records 
    • Cancelled cheque containing IFSC code (nominee’s bank account)

    Unnatural death due to accident

    The following additional documents are needed in accidental claim.

    • Attested Police records, including FIR, Panchanama, Final Police Investigation Report by police officers
    • Attested post mortem report, viscera report by hospital authorities
    • Driving licence  
    • Employee certificate form
    • Newspaper Cutting (if available)/ photographs of the incident 
    • Succession certificate

    Health Claim
    • Claim Form
    • Discharge summary
    • Treatment record
    • Investigation reports
    • Hospital main and breakup bill
    • Authentication of admittance by the hospital (a photo I card)
    • Original pre-authorisation request
    • Copy of pre-authorisation approval

    Unnatural death due to calamity or Riot
    • Death Certificate with claim form 
    • Original policy document (if possible)
    • If death certificate is not available then makeshift death document from the government authorities for claim purposes. 

     

    Ageas Federal Life Insurance can call for additional documents whenever deemed fit. 

Must BuyMust Buy

Why to Buy Life Insurance Policy Online from InsuranceDekho

  • Tax benefit upto 1,50,000*
  • Claim support everyday 10AM-7PM
  • 66 Lacs+ happy customers

Life Insurance News

View All News

User Reviews

5.0
Rating based on
63 User reviews
Write your review
What users are saying
  • All
  • Recommended Services

    I am happy to have purchased the Ageas Life Insurance Plan from InsuranceDekho. My experience with the company was great. I recommended Insurancedekho to all my family and friends for buying a life insurance policy. My acknowledgment to the customer support care representative for working 24 hours daily.

    Read More

    M
    Ageas Federal
    By Manjeet Singh
    On: Jan 08, 2024
  • Digital process

    I bought the Ageas Federal Secured Income plan from InsuranceDekho through a digital mode. I opted for a digital mode because I wanted to buy the Ageas Federal Secured Income plan from the comfort of my home.

    Read More

    P
    Ageas Federal
    By Prakhar Raj
    On: Nov 02, 2022
  • I got personalised advice at h...

    I got personalised advice at home when I was buying the Ageas Federal Secured Income plan from InsuranceDekho. The team of InsuranceDekho made a visit to my home and helped me select a good life insurance plan.

    Read More

    D
    Ageas Federal
    By Deepali Jain
    On: Oct 13, 2022
  • Best life insurance plan

    I was looking for a good investment tool and then I got to know about the different life insurance plans available on InsuranceDekho. So, on my friend’s suggestion, I bought the Ageas Federal Secured Income plan from InsuranceDekho. 

    Read More

    K
    Ageas Federal
    By Kavita Ahuja
    On: Sep 26, 2022
  • I was able to customise the pl...

    Another good thing about buying the Ageas Federal Secured Income plan from InsuranceDekho was that I was able to cutsomsie the plan according to my needs. I was also able to add riders accordingly and buy a perfect life plan from InsuranceDekho.

    Read More

    D
    Ageas Federal
    By Divya Jaiswal
    On: Sep 21, 2022
View All Ageas Federal Life Insurance Reviews

Claim Process at Ageas Federal Life Insurance

  • 1

    Claim Intimation

    In the event of the death of the life assured, the insurance company should be intimated as early as possible.
  • 2

    Submission of Documents

    For easy claim settlement, claim form, original policy document, death certificate and others documents should be submitted on time.
  • 3

    Claim Evaluation

    After successful submission of documents, the insurance company will thoroughly evaluate the claim filed.
  • 4

    Claim Settlement

    If claim request is approved, claim is settled within 30 days. In case of additional investigation, claim process may take 120 days.

Best Insurance Advisors in Your City.

FAQs

  • Does Ageas Federal Life Insurance have an online claim process?

    No, Ageas Federal Life Insurance doesn’t have an online claim process.

  • Who will receive the Ageas Federal Life Insurance claim amount, and how?

    The claim, if passed, will result in a wire transfer of the claim amount to the bank account of the claimant/nominee.

  • How much time does Ageas Federal Life Insurance take in claim settlement?

    Ageas Federal Life Insurance takes just 8 working days to process and decide a claim.

  • If a nominee dies before the maturity of the policy or the death of the policyholder, what should be done?

    If the nominee dies before the maturity or before the death of the policyholder, then the policyholder should get the nomination details changed in the policy records. 

  • Where should the claimant submit the Ageas Federal Life Insurance claim forms?

    The claimant can send the forms and the documents by courier to the company head office. 

View All

Ageas Federal Life Insurance Contact Details

Reach us for help anytime
Find the right Ageas Federal Life Insurance for you
By clicking, I agree to *terms & conditions and privacy policy.

Partner Life Insurance Companies

View All Life Insurance Companies

Disclaimer: InsuranceDekho does not endorse, rate or recommend any particular insurance company or insurance plan.

You May Also Be Interested in

    Life Insurance Claim Settlement

    Insurance Calculators

      Become POSP Insurance Agent