Found some of the best insurance companies
On InsuranceDekho’s website, I found a list of insurance companies on the basis of the claim settlement ratio. With the help of information available on the website, I learned about the importance of the claim settlement ratio while purchasing a term plan. After thorough research, I purchased a Reliance Nippon Term Insurance Policy.
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Claim Process at Reliance Nippon Term Life Insurance
Claim IntimationIn the case of death of the life assured, a claim intimation to the insurance company must be made as early as possible.
Submission of DocumentsClaim form, death certificate, original policy document, and more documents must be submitted to ensure smooth claim settlement.
Claim EvaluationOnce the documents are submitted, the insurance company will conduct thorough evaluation of the claim filed.
Claim SettlementIf claim request is approved, claim settlement is done within 30 days. If additional investigation is required, it make take 6 months.
FAQ About Reliance Nippon Term Life Insurance
What is the claim settlement ratio of Reliance Nippon Life?
For the financial year 2019-20, the claim settlement ratio of Reliance Nippon Life was 98.12%.
What is the customer care number for Reliance Nippon Life?
The customer care number for Reliance Nippon LIfe is 1800-102-1010.
How can I get my claims related query resolved at Reliance Nippon Life?
If you have a query related to claim settlement, you can call at 1800-102-3330.
How can I get my correspondence address changed at Reliance Nippon Life?
To get your correspondence address changed post policy issuance, submit a written request and address proof at the nearest Reliance Nippon Life branch. Note that the address will reflect within 2 working days.
What are the term plans offered by Reliance Nippon Life?
Reliance Nippon Life Insurance offers Reliance Nippon Life Protection Plus, Reliance Nippon Digi-Term Insurance Plan and Reliance Nippon Saral Jeevan Bima Plan under its term (protection plan) segment.