Process Of Filing A Death Claim And When It Is Not Payable

The process of filing life insurance death claim is quite simple and straight forward. The first thing to do is to intimate the insurer. The claimant should contact the insurance agent from whom the insurance policy was purchased. He/she will guide you through the process of submitting different documents and the procedure. If the claimant does not know the agent then the insurance company should be contacted directly.
1. Claim intimation: The claimant has to submit the Claim Form to the insurance company. The forms are available with the insurance company’s branch offices or can be downloaded from the insurer’s website. The Claim Form requires information like the insurance policy number, name of the insured, date, place and cause of death, name of the claimant etc.
2. Submission of required documents: The claimant needs to submit the original policy documents and the death certificate. The other documents required are �
a)For natural death/ death due to illness- medical reports, attending physician’s report.
b)For unnatural death/ in accident- autopsy report, police FIR, Panchnama report.
Depending on the sum insured or cause of death, the insurance company may require some additional documents/ certificates.
Once the necessary formalities have been completed, IRDA regulations stipulate that a claim be settled within 30 days from the day all documents are submitted. In case an insurance company needs to conduct further verification, all procedures should be completed within 6 months from the date of claim.
Speedy settlement of claims is a service that a life insurance company is expected to provide, but there are some circumstances when the insurance company can deny the sum insured and the claim is not payable. Some of those reasons are:-
1. If the policy holder, whether sane or insane, commits suicide within one year of the commencement of the policy then no claim is payable.
2. Death occurs under circumstances mentioned in the Exclusions of the policy for e.g. due to participation in a hazardous activity like sky diving.
3. Misrepresentation of facts relating to health- an insurance company can refuse a claim if false/incomplete information is found to be given at the time of purchase of policy. However this can be done only before the �incontestable period’ i.e. within 2 years of policy commencement. If the insurance company proves that certain information provided was done fraudulently, for e.g. someone other than the policy holder takes the medical examination, the death claim can be forfeited even during the incontestable period.
4. One very commonly told fib by prospective policy holders is that they are non smokers when in fact they are not. In a risk cover for critical illness especially, it is very important to disclose the insured’s smoking habits truthfully. Discovery of non-disclosure of the insured being a smoker could lead to the death claim being rejected causing tremendous difficulty for the nominee.
5. If it is found that a person had taken a life insurance policy for another individual with himself/ herself as the beneficiary with the intention of murdering the insured for gain.
A life insurance policy is a contract of �utmost good faith’, meaning that both the insured and insurer are mutually obliged to disclose all facts known to them that are relevant to the policy. It is imperative that the insured honestly discloses all information required while buying an insurance policy to ensure a problem free settlement.

Advantages of an Urgent Care Clinic

An urgent care sanatorium or you can name them UCC are walk-in clinics that offer you all varieties of remedy that you may get outdoor an ER. Not precisely a health facility, but a scientific facility, they by and large focus at the transport of ambulatory care. It presents immediate care, treats all styles of injuries and offers all the facilities that can be given out of doors an ER. Urgent care is receiving huge reputation in Europe and America. Many wellknown carried out studies suggests that humans decide on them over hospitals for trendy checkups and different matters. Keep in thoughts those blessings and pick out accurately next time.

They are easy to discover- Just seek at the internet about the pressing care clinics near you and you may be amazed to locate many. In minor conditions rather than looking ahead to the ambulance to return and fetch you may go to the closest one and rest confident you’ll be given all the same facilities because the health center.

Flexible hours- The timing of these centers is flexible. They run from eight within the morning as much as 7 inside the night. On weekends they’re open for a few more hours, that’s a unique perk due to the fact the fee of kids getting under the influence of alcohol and touchdown themselves into problem will increase on weekends.

Appointments are not necessary- Unlike a hospital, there is no need to take a previous appointment. As it’s miles a walk-in center there is no need to trade your time table to fulfill the physician. You can come any time you need. It is shown in surveys that 60 % of the docs are gift instantaneous. So anytime you go, there may be a person to do your checkup.

Quick service- In pressing care, you get brief carrier. They prevent from the hassle of long waiting hours. The reviews furnished by the urgent care association of America display that patients need not look ahead to more than 15 to 20 minutes. The time compared to the long ready hours in hospitals is less. Also, you will be free of there in much less than an hour. So, the whole method is time-saving.

Pocket-pleasant – The costs you pay at these clinics is relatively much less than what you pay at hospitals or ERs. You will not need medical insurance to cover your fees and bills in case you visit them. Your co-pay is likewise decrease than the emergency department. You can say they’re very positive for people with decrease income or those who need everyday remedy.

Good at facilities – Urgent care is not any less at era than large hospitals. They have all forms of equipment just like the X-ray gadget, machines needed for remedy. Though you will now not discover the ER gadget there. From Routine checkups to STD assessments, they do all types of checks and therapies all forms of primary health-associated troubles. They also perform employment drug checking out.