Prices Increasing soon Prices Increasing Soon

How to Avoid Term Insurance Claim Rejection?

Term insurance plans are essential for everyone as they help you protect your family in case of your unfortunate death during the policy term. This payout can help your family maintain their current quality of life, pay their rent, pay for child’s fees, and take care of any other financial responsibilities. However, the entire benefit amount can only be useful if the death benefit is paid to your family in times of need. You need to ensure you buy term plan from an insurer that won't reject your family’s claim. 

Read more
Gets ₹1 Cr. Life Cover at just
COVID-19 Covered
The Policybazaar Advantage
Dedicated claim support for family FREE
Upto 15% discount# for buying online
Only certified experts will call you on 100% recorded lines
We are rated++
rating
9.7 Crore
Registered Consumer
51
Insurance Partners
4.9 Crore
Policies Sold

#All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply

By clicking on "View plans" you agree to our Privacy Policy and Terms of use

++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ

Life is Unpredictable! Protect your family’s future
Get ₹1 Crore Life cover starting from /month+
+91
Secure
We don’t spam
Check Your Premium Now
Please wait. We Are Processing..
Get Updates on WhatsApp
The Policybazaar Advantage
Policybazaar Advantage Icon
Dedicated claim support for family FREE
Policybazaar team will help and support you at the time of claim. A personal claim handler from our team of experts will get in touch with you when your nominee applies for a claim on our website.
Policybazaar Advantage Icon
100% calls recorded to ensure no mis-selling
We will make sure you get what is promised by the advisors. We conduct regular monitoring of our calls to make sure you get the best experience.
Policybazaar Advantage Icon
Exclusive lifetime discount upto 5% for buying online
The discounts will be valid for the entire policy payment term and is not available if you choose to buy the insurance through offline agents.
Policybazaar Advantage Icon
Advisors available in your city
Our advisors are available in more than 55 cities across India and can help you at your doorstep in understanding the plans and in documentation.
Policybazaar Advantage Icon
Refund at the click of a button
In case you aren’t happy with your purchase, you can cancel your policy hassle-free at the click of a button. We will help you with the cancellation and refund of your policy.

Note: Know more about what is term insurance first before reading this article.

Let us see the term insurance claim rejection reasons and how to avoid term insurance claim rejection:

one crore term plan
plus

Term Plans

₹1
Crore

Life Cover

@ Starting from ₹ 16/day+

₹50
LAKH

Life Cover

@ Starting from ₹ 8/day+

₹75
LAKH

Life Cover

@ Starting from ₹ 12/day+

Why Term Insurance Claim Gets Rejected?

Here is a list of the various reasons for rejection of term insurance claims:

  • Error or Mistakes in Form: Your term insurance claim may be rejected if there are any errors on the application form. Mistakes in your name spelling, age, gender, income, occupation, address, or phone number can get your term insurance claim rejected. 

  • False Information Provided: Giving false or missing important information regarding health conditions and medical history is one of the main term insurance claim rejection reasons. 

  • Confusion in Policy T&Cs: You need to make sure to go through the policy T&Cs thoroughly to avoid any confusion during claim submission. 

  • Non-payment of Premiums: Not paying premiums on time or before the end of the grace period can be one of the reasons for rejection of term insurance claims as the policy gets canceled when premiums are not paid in due time. 

  • Missing Nominee Details: If the nominee or the beneficiary of the term insurance is not properly named, details are not provided, or if incorrect details of the nominee are provided, your term insurance claim can be rejected.

  • Omission of Information: You need to make sure that the insurer is aware of your lifestyle like smoking or drinking alcohol habits, participating in risky sports activities, or being involved in any criminal activities can get your term insurance claims rejected. 

  • Undisclosed Existing Policy: It is important to completely disclose your current and previous insurance plans when buying a term plan. Failure to do so can lead to the rejection of your insurance claim. This information is necessary for the insurer to conduct a thorough risk assessment. 

  • Committing Fraud: People who commit fraud by buying term insurance policies for people who are terminally ill or already dead, the insurer might reject their term insurance claims.

  • Death Due to Exclusions: In case the policyholder dies due to a reason not covered under the policy, the insurer may reject the term insurance claim in that case as well. This could be suicidal death in the 1st year of the policy, death due to drunk driving, or death due to participation in adventure sports or criminal activities.

one crore term plan

Secure Your Family Future Today

₹1 CRORE

Term Plan Starting @

Get an online discount of upto 15%#

Compare 40+ plans from 15 Insurers

+Standard T&C Applied

How To Avoid Term Insurance Claim Rejection?

Let us take a look at how you can avoid your term insurance claim from being rejected

  • Disclose Accurate Information: You should make sure to give accurate information to your insurer while filling out the application form to the best of your knowledge to ensure that your term insurance claim is not rejected.

  • Fill out the form carefully: Always fill out the application form yourself to avoid any mistakes in names, contact details, age, gender, occupation, and annual income.

  • Pay the premiums on time: You need to pay the premiums on time before the due date or within the grace period as missing paying premiums will lapse the policy.

  • Keep the Nominee Details Updated: Make sure to keep the nominee’s details updated in your term plan as your nominee will be contacted on the information provided by you.

  • Comprehensive Life Cover: When you buy term plan make sure to buy the policy with the most comprehensive life cover that provides coverage against death due to various reasons. 

  • Buy plans from insurers with high CSR: Always make sure to compare the Claim Settlement Ratio of term insurance before buying. You should buy a term plan from an insurance company with a CSR of more than 95% as the company with a consistently high CSR has a better chance of settling your claims.

  • Grievance Redressal Mechanism: If you think that the insurer has rejected your term insurance claim without a valid reason, you can get in touch with the Grievance Redressal Officer. If, somehow, Grievance Redressal doesn’t help as well, you can contact the IRDAI for a fair judgment.

Points to Remember While Submitting the Term Insurance Claim Form

Here is a list of all the points you need to remember while submitting the term insurance claim form.

  • Informing the Insurer
    You must inform the insurance company about the death of the policyholder and submit the claims form. You can download the claims form from the website or visit the company office. Then, you need to fill out the form accurately and without any errors.

  • Submission of Documents
    Make sure to attach all the mandatory documents, like death certificates, medical reports, and original policy documents, to get your claim settled as soon as possible. You also need to make sure that you provide accurate and up-to-date nominee details.

  • Verification of Claim
    After the accurate submission of the claims form and the required documents, you need to wait for the insurance company to verify the details you provided. On successful verification, the insurer will payout the sum assured to the nominee's account.

Documents Required For Term Insurance Claim Settlement

Let us take a look at some of the Documents required to file for term insurance claims:

  • Original policy documents

  • Accurately filled claims form

  • Original and copy of death certificate

  • Hospital and medical records of the death

  • Nominee’s identity and address proof

  • Bank passbook details

Wrapping it Up!

There may be some reasons for rejection of term insurance claims, but the best way to ensure that your claim does not get rejected is to provide all the correct documentation and accurate information. You can submit your claims form both online and offline.

Note: Check all the best term insurance plan in India.

Note: You should also check the benefits of term life insurance if you are planning to purchase the term insurance plan.


Premium By Age

˜Top 5 plans based on annualized premium for bookings made on https://www.policybazaar.com  in the first 6 months of FY 24-25.

Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in

+Rs. 487/month (Rs.16/day) is starting price for a 1 crore term life insurance for an 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 38 years of age.

Prices offered by the insurer are as per the approved insurance plans | #All savings and online discounts are provided by insurers as per IRDAI approved insurance plans | Standard Terms and Conditions Apply | **Tax Benefits are subject to changes in tax laws.| Policybazaar Insurance Brokers Private Limited

We will respond in the first instance within 30 minutes of the customers contacting us. 30-minute claim support service is for the purpose of giving reasonable assistance to the policyholder in pursuance of the claim. Settlement of claim (including cashless claim) is the responsibility of the insurer as per policy terms and conditions. The 30-minute claim support is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. For further details, 24x7 Claims Support Helpline can be reached out at 1800-258-5881

For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale

Policybazaar Insurance Brokers Private Limited | CIN: U74999HR2014PTC053454 | Registered Office - Plot No.119, Sector - 44, Gurgaon, Haryana – 122001 | Registration No. 742, Valid till 09/06/2027, License category- Composite Broker Visitors are hereby informed that their information submitted on the website may be shared with insurers. Product information is authentic and solely based on the information received from the insurers.

© Copyright 2008-2025 policybazaar.com. All Rights Reserved

+Rs. 820/month is starting price for a 2 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 38 years of age.

+Rs. 1,443/month is starting price for a 5 crore term life insurance for an (NRI) 18 year-old male, non-smoker, with no pre-existing diseases, cover upto 38 years of age.

Choose Term Insurance Plan as per you need

Plans starting from @ ₹473/Month*
Term Insurance
1 Crore Term Insurance
Term Insurance
2 Crore Term Insurance
Term Insurance
4 Crore Term Insurance
Term Insurance
5 Crore Term Insurance
Term Insurance
6 Crore Term Insurance
Term Insurance
7 Crore Term Insurance
Term Insurance
7.5 Crore Term Insurance
Term Insurance
8 Crore Term Insurance
Term Insurance
9 Crore Term Insurance
Term Insurance
15 Crore Term Insurance
Term Insurance
20 Crore Term Insurance
Term Insurance
25 Crore Term Insurance
Term Insurance
30 Crore Term Insurance
Term Insurance
15 Lakh Term Insurance
Term Insurance
60 Lakh Term Insurance

Term Insurance Articles

  • Recent Article
  • Popular Articles
10 Feb 2025

EMI Calculator for Term Insurance with Home Loan

Buying a home is a major financial commitment, often requiring

Read more
04 Feb 2025

Term Insurance for Airline Pilots

Airline pilots have one of the most demanding and high-risk

Read more
03 Feb 2025

Term Insurance for SIP Investors

Systematic Investment Plans (SIPs) have become a popular

Read more
24 Jan 2025

HDFC Life Click 2 Protect Ultimate

The HDFC Click 2 Protect Ultimate is a term insurance plan that

Read more
23 Jan 2025

Term Insurance for Doctors

Doctors are the backbone of society, dedicating their lives to

Read more

Term Insurance Calculator Online : Get Instant...

Term Insurance Calculator  [[ What is Term Insurance Calculator? Term insurance calculator is a free online

Read more

Buy Best ₹1 Cr Term Insurance Plan Online in...

A 1 crore term insurance is a pure risk protection plan that offers a life cover of 1 Crore to your family in the

Read more

LIC Surrender Value After 10 Years Calculator

The surrender value of a LIC insurance policy is the amount that the policyholder will receive if they decide to

Read more

LIC New Bima Gold Maturity Calculator

The LIC New Bima Gold Calculator is an online tool offered by the Life Insurance Corporation of India (LIC). It

Read more

Claim Settlement Ratio of Term Insurance Plan...

Claim Settlement Ratio (CSR) is an important parameter in the selection of an insurance policy. If you are going

Read more
Need Help? Request Callback
top
View Plans
Close
Download the Policybazaar app
to manage all your insurance needs.
INSTALL