Name of the Organization : SBI Life Insurance Company Ltd(sbilife.co.in)
Type of Facility : Claim Settlement Process
Location : Mumbai
Website : http://sbilife.co.in/sbilife/content/home?ln=en
Steps for Claim Settlement Process :
At SBI Life, we are committed to protect the interest of our Policyholders / stakeholders and ensure that the Claim Amount is provided to the Nominee / Beneficiary well within the prescribed timelines laid down by IRDA.
Claim Settlement Process is a simple 3 step process :
Step 1 : Claim Intimation
Intimate about the claim at any SBI Life Branch with all the documents as mentioned in the policy document.
Step 2 : Requirement submission (if any)
If there are any requirements raised by SBI Life for checking the admissibility or otherwise of the claim, the same needs to be addressed by the Claimant.
Step 3 : Final decision on the Claim
Throughout the Claim Settlement Process, we are always there to assist in better understanding of the requirements and faster completion of documentation process. For any further assistance on our claims settlement process,
Please feel free to write to us at claims@sbilife.co.in
For a seamless claim settlement process, the policy document also has a detailed description of the documents required to be submitted along with the Claim intimation.
The final decision on a claim shall be based on the disclosures made by the Life Assured in the proposal form, since an insurance contract is a contract of Utmost Good Faith. All the decisions are guided by the Insurance laws.
About us :
SBI Life Insurance is a joint venture between State Bank of India and BNP Paribas Cardif. SBI owns 74% of the total capital and BNP Paribas Cardif the remaining 26%. SBI Life Insurance has an authorized capital of Rs. 2,000 crores and a paid up capital of Rs 1,000 crores.
Contact us :
SBI Life Insurance Co. Ltd,
M.V. Road & Western Express Highway Junction,
Andheri (East), Mumbai – 400 069