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ICICI Term Insurance Claim Settlement

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Highlights
Claim Settlement Ratio97.90%
Customer Care10:00 AM to 7:00 PM
Death Benefit Paid For11,212 Policies
Inception2001
Presence514 Branches
Total Death Benefit Paid1,023.64 Crore

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1. Premium has been calculated for coverage till 60 years
2. Eligibility depends on income, occupation and educational qualification

Best ICICI Term Insurance Plans

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  • LIFE COVER
    Tax Free
    1 Cr
  • CLAIMS SETTLED 99.01%
Starting From 697/Month
Claim Settlement 4hr Claim Settlement
Key Features:
  • Right Green Tick Annual Health Checkup
  • Right Green Tick Terminal illness
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Claim Settlement of ICICI Term Insurance

ICICI Prudential Term insurance plans come with an easy and quick claim settlement process. The insurance company allows you to settle a claim both through online mode as well as offline mode. ICICI Prudential Life Insurance featured an impressive claim settlement ratio of 97.90% in FY 2020-21.

  • How To Make Claim

    How To Make ICICI Prudential Term Insurance Claim - Online?

    You can follow the below mentioned easy steps to make ICICI Prudential Term Insurance Claim:

    Step 1: Insurance Claim Reporting

    The first step is to report your claim. You can report your claim by visiting the claim section of the ICICI Prudential Term Insurance website or you can visit the nearest ICICI Prudential Term Insurance branch. 

    Step 2:  Insurance Claim Review

    After lodging a claim, the customer service team of ICICI Prudential Insurance will scrutinize your claim details and help you at every step of the way. Then their team will assess your claim and inform you if any documents are pending.

    Step 3: Insurance Claim Settlement

    Once your claim is intimated and the insurer receives all the relevant documents, then your claim will be settled. ICICI Prudential Term Life Insurance mostly uses electronic modes of transfer for settling your claim in order to reduce the documentation process and it also offers their customers hassle-free services. The claim amount can be paid by the policyholder through the cheque also.

    How To Make ICICI Prudential Term Insurance Claim - Offline?

    The claim settlement process of ICICI Prudential Term Insurance can be reported by visiting the nearest ICICI Prudential Term Insurance Branch Office or by sending an email at claimsupport@iciciprulife.com or SMS at ICLAIM<Space> Policy Number to 56767.

  • Documents Required

    Documents Required To Make ICICI Prudential Term insurance  Claim 

    The following documents are required at the time of settling a term insurance claim with ICICI Prudential Life Insurance:

    • Claimant Statement Form
    • Photo of the nominee, ID proof like Aadhar Card, PAN Card, passport, etc.
    • Death certificate (death claims)
    • Medical/Hospitalization Documents for certifying the diagnosis.

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  • I recently purchased the ICICI Term Insurance plan from InsuranceDekho, and the efficiency of their service tr...

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    ICICI Prudential
    By Naveen Kumar
    On: Mar 05, 2024
  • In my opinion as well as other customers, the Sampoorna Raksha Supreme is a highly recommended plan. Based on ...

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    ICICI Prudential
    By Akshita Bajaj
    On: Mar 01, 2024
  • My experience of buying the ICICI Prudential term Insurance plan from InsuranceDekho was amazing. I bought thi...

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    ICICI Prudential
    By Paras Chauhan
    On: Feb 01, 2024
  • I am thankful to Insurancedekho company for suggesting ICICI Prudential Term Insurance. I claimed my insurance...

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    ICICI Prudential
    By Sandeep Rawal
    On: Dec 06, 2023
  • I opted for the ICICI Prudential Term Insurance Policy through InsuranceDekho, and I couldn't be happier. The ...

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    ICICI Prudential
    By Aman Pandey
    On: Oct 18, 2023
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ICICI Term Insurance Contact Details

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Claim Process at ICICI Term Insurance

  • 1

    Claim Intimation

    In the case of death of the life assured, a claim intimation to the insurance company must be made as early as possible.
  • 2

    Submission of Documents

    Claim form, death certificate, original policy document, and more documents must be submitted to ensure smooth claim settlement.
  • 3

    Claim Evaluation

    Once the documents are submitted, the insurance company will conduct thorough evaluation of the claim filed.
  • 4

    Claim Settlement

    If claim request is approved, claim settlement is done within 30 days. If additional investigation is required, it make take 6 months.

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