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How much time does it take to settle a claim?

Once we receive a written intimation and all the required documents, we assess, settle and communicate the decision within 12 calendar days. We transfer most of our pay-outs through electronic modes, to speed up the claim settlement process.

Turn Around TimeInsurance Regulation and Development Authority of India (IRDAI) mandated timelines
Raising Claim Requirements15 Days
Non-Early cases (cases where the claim is made after 3 years of taking the policy)30 Days
Early cases (cases where the claim is made within 3 years of taking the policy)180 Days