Compare & Buy Car, Bike and Health Insurance Online - InsuranceDekho
Claim, renew, manage & moreLogin
  Hurry Up!
Save tax in 80C by purchasing a Life Insurance Today View Plan

Where Can My Family Raise An Endowment Insurance Claim?

Published On Jul 03, 2021 4:52 PM By InsuranceDekho

A policyholder's formal request to an insurance company to extend Insurance coverage or compensation for a covered loss or policy event is known as an insurance claim. The claim, if verified by the company, is liable to pay coverage on your behalf.

Insurance companies have set out guidelines to register an insurance claim. Therefore, it is important for the policyholder and the nominee to know where a claim can be registered and implemented.

In this article, we will dive deep into the realm of insurance claims, covering everything from claiming Insurance coverage to claim settlement.

Where Can The Nominees Claim Insurance Coverage?

Given below are the steps involved in reporting your claim:

  • Sending Out A Written Request

The first step of raising an insurance claim under an endowment plan involves reaching out to the insurer. There are a couple ways provided by the company to go about sending in a claim. A claim either can be submitted online or by visiting the branch concerned with claim settlement. It should be noted that a claim is only officially registered with the company if the request is received in a written form.

  • Assessment Of Claim

It is a crucial stage  in the process of obtaining Insurance coverage from the insurer. The team examines the details of your claim and assists you at every step of the route. The concerned nominee will also be notified if  the documents provided are not sufficient and issue a demand.The claim evaluation is a crucial procedure that will determine whether or not the claim will be pursued. If necessary, the nominee will have to send reminder letters to move the process forward. 

  • Tracking Claim Status

Most companies provide a claim helpline number that assists you in keeping tabs on the process after the claim is approved by the company.

The nominee/ beneficiary can also contact the helpline numbers provided by the company to locate the status of the claim set in action by them.

  • Claim Settlement

Claim settlement can take some time depending on the type of claim. Death claims, for example, are usually received within 15 days of receipt of claim. The payment of the claim is usually set in action after a careful evaluation of the necessary documents, that include Post Mortem Report and chemical viscera report in case of a death claim. The payment methods vary from company to company and are modified according to the needs of the person concerned.


Companies usually maintain the same process while working on selling an insurance claim. It is important to produce the necessary documents regarding the claim reported. The above article will give you an insight into the working of the claim settlement process of endowment plans and guide you through the process.

Also read 

Things To Consider Before Buying An Endowment Plan

Best Endowment Plans in India 2021

Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.             

Popularly Opted Term Insurance Sum Assured

People Also Read

Must BuyMust Buy

Why to Buy Life Insurance Policy Online from InsuranceDekho

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