Serial Quizzer Day 6
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
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
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