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LIC Term Insurance Claim Settlement

101 reviews Rate This
Highlights
Claim Settlement Ratio98.62%
Customer Care8:00 AM to 8:00 PM
Death Benefit Paid For73,3809 Policies
Inception1956
Presence2048 Branches
Total Death Benefit Paid12797.85 Crore

Term Life Insurance Premium Calculator

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Choose required coverage to secure your family’s future

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

Best LIC Term Insurance Plans

1 Crore
1.5 Crore
2 Crore
2.5 Crore
  • 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
See More Plans

Claim Settlement of LIC Term Insurance

    LIC Term Insurance User Reviews

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    What users are saying
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    • At Insurancedekho companies, you can Compare plans whenever you are free and contact the customer support team...

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      LIC
      By Vanshikha Sharma
      On: Feb 09, 2024
    • My purchase of a team insurance policy from InsuranceDekho was amazing. The customer support team made my purc...

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      J
      LIC
      By Janvi Pal
      On: Dec 12, 2023
    • I used the online term calculator to evaluate the premium of the LIC Term Insurance Policy. When I found that ...

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      D
      LIC
      By Dev Shree
      On: Nov 24, 2023
    • When I was buying the LIC Term Insurance Policy from InsuranceDekho, the team provided me with friendly advice...

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      D
      LIC
      By Deepti Garg
      On: Nov 21, 2023
    • With the LIC Term Insurance Policy, InsuranceDekho empowers customers like me  with valuable knowledge ab...

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      M
      LIC
      By Mamta Khati
      On: Nov 15, 2023
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    • Tax benefit upto 1,50,000*
    • Claim support everyday 10AM-7PM
    • 66 Lacs+ happy customers

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    LIC Term Insurance Contact Details

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    Claim Process at LIC 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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