Get the free LIC Policy Maturity Claim: What Is the Entire Procedure?

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How to fill out lic policy maturity claim

How to fill out lic policy maturity claim

1. Gather all the necessary documents such as policy document, claim form, death certificate (in case of death of the policyholder), etc.
2. Fill out the claim form accurately and completely. Provide all the required details like policy number, name of the policyholder, date of maturity, etc.
3. Attach all the relevant documents along with the claim form. Make sure to include photocopies of identification proof, address proof, and bank details.
4. Submit the filled claim form and supporting documents to the nearest LIC branch office. You can also submit it online through the LIC website or mobile app.
5. After submission, wait for the LIC officials to process your claim. They may contact you for any additional information if required.
6. Once the maturity claim is approved and processed, you will receive the payout amount in your bank account as per the policy terms and conditions.

Who needs lic policy maturity claim?

1. Anyone who has an LIC policy that has reached its maturity date can make use of the LIC policy maturity claim.
2. The policyholder who wants to receive the maturity benefit from their LIC policy needs to file a maturity claim.
3. It is advisable for the policyholder to claim the maturity benefit before the due date to ensure timely processing of the claim.
4. In case of the death of the policyholder, the nominee or legal heir can make the maturity claim on behalf of the deceased policyholder.

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What is lic policy maturity claim?

LIC policy maturity claim is a request made by the policyholder to the Life Insurance Corporation of India to pay out the maturity benefits of an insurance policy once it reaches its maturity date.

Who is required to file lic policy maturity claim?

The policyholder or the nominee designated in the policy is required to file the LIC policy maturity claim.

How to fill out lic policy maturity claim?

To fill out the LIC policy maturity claim, the policyholder needs to obtain the claim form from the LIC website or branch, fill in details such as policy number, personal information, and submit it along with necessary documents.

What is the purpose of lic policy maturity claim?

The purpose of the LIC policy maturity claim is to facilitate the payment of the maturity benefits to the policyholder or nominee when the insurance policy term concludes.

What information must be reported on lic policy maturity claim?

The information that must be reported includes the policy number, claim amount, personal details of the claimant, and any relevant identification documents required by LIC.