Serial Quizzer Day 6

A visually informative illustration of a life insurance claim scenario, featuring a family discussing insurance with an agent, documents in hand, in a warm and inviting office setting.

Life Insurance Claims Quiz

Test your knowledge about life insurance claims with this engaging quiz. Whether you are a policyholder, an aspiring insurance professional, or simply curious about the intricacies of life insurance, this quiz is designed to provide insights while you learn.

5 challenging questions
Multiple choice format
Improve your understanding of life insurance processes

5 Questions1 MinutesCreated by ClaimingExpert42

Which among the below come under the purview of the term 'Life Insurance Claim'?

Death Claim, Living Benefit and Maturity Claim

Only Death Claim

Only Maturity Claim

Only Maturity Claim and Death Claim

As per the regulation 8 of the IRDA (Policy holder's Interest) Regulations, 2002, the insurer is required to settle a Death claim within ____ days of receipt of all documents including clarification sought by the insurer.

7 days

15 days

30 days

6 months

In case of Death Claim, what should be the first action from claimant?

Claimant should wait for the Insurer's employees to approach him

Claimant should call and inform the nearest agent

Claimant should give a written intimation to the Insurer with details like policy number, name of insured, date of death, cause of death, claimant details etc.

Claimant should submit death certificate of the deceased at nearest branch

If the Death claim requires investigation, the insurer has to complete its procedures within _______ from receiving the written intimation of claim.

30 days

3 months

1 year

6 months

Policyholders who have complaints against insurers are required to first approach_________ .

Insurance Ombudsman

Local police Station

The Grievance/Customer Complaints Cell of the concerned insurer

Consumer Court

Serial Quizzer Day 6

Life Insurance Claims Quiz

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