GIPSA, PPN and Empanelment in Health Insurance - Explained
GIPSA, PPN in GIPSA, Points to remember before opting GIPSA services, hospitals, empanelment
October 5, 2022
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Once you file a death claim, you can check the status of the claim for your group term life insurance on the insurer’s website. Claim status will show the status like under process or accepted or pending. Insurers use different phrases to convey the status.
According to IRDAI, death claims are to be settled within 30 days of filing if the insurer doesn’t have to investigate the death. If there's any investigation required, then the claim has to be settled within 6 months.
When you buy a group term insurance plans from Pazcare, we help your employees and beneficiaries with everything related to claims to ensure a faster process.
The following are the common documents needed to file a claim in group term life insurance. However, it is essential to contact your insurer and get the details of the documents required as it differs based on the nature of the death - natural, unnatural, natural disasters.
The claim settlement process of any term life insurance is pretty much the same.