You have done the right thing by your child by buying that children's life insurance policy, covering the kid's future adequately. Now, how about an actual claim? How would you go about that?
Every insurer has a claims process in place that is straightforward and simple. There are instances when claims can be rejected, for instance, on proving misrepresented facts on the insured's part. Here's your guide to claims.
Children's Plan Claims: Basics
How to collect maturity amount from insurer?
The death claim process is simple and the benefit is tax free
Critical illness benefit rider takes care of unforeseen medical expenses
Children's Plan Claims: Opinion
- How much insurance do I need? Enough to save family from debts
- Dos and Don'ts while buying life insurance
- Children's Life Insurance Policies