Life is uncertain and death is an eventuality no one can escape. However, a life insurance with adequate sum assured can ensure that your dependents and loved ones are taken care of after you are gone. Therefore, making a claim and getting the insurance money is an important part of life insurance.
There are two types of claims—on maturity of the policy and on demise of the policyholder. The maturity claim is made by the policyholder, while the claim on death is done by the nominee or dependents of the policyholder. You can read the detailed process for making claims, in both the cases, on the website of Insurance Regulatory and Development Authority of India (Irdai), at http://bit.ly/2icTfg9 .
