Get quick insurance cover with our team of highly-qualified insurance professionals
Ensure Maximum cover – Minimum premium
Effective & speedy claims servicing
Large pool of satisfied customers
We are a leading insurance broker with millions of happy customers
We have a wealth of happy customers who are happy to shared their experience about our excellent services.
Mr. Thomas Philip’s building was completely underwater during the peak of floods in Kerala. MRIBS
... Know More
Mrs. Gajalakshmi Yathiraj purchased Home Insurance policy and got a good claim amount after a
... Know More
Life Insurance claim settled for Rs. 4,25,000/- Mr. Bhaskar Reddy is basically from Andhra Pradesh
... Know More
Life Insurance, 20 Lakhs claim got disbursed to Mr. Pradeep Kumar Mr. Pradeep was an
... Know More
Mr. Varghese is very happy with the claim received during floods in Kerala. This claim
... Know MoreLate Mr. Loganathan who was working as branch manager at Muthoot Fincorp, Tirupur took a
... Know More
The Muthoot Pappachan Group, with a reputation that has been shaped over decades with high quality practices, total customer satisfaction and steady growth, spanning decades in the field of business, is a legacy built on our Core Values. With trust as the bedrock, Group’s core values are Integrity, Collaboration and Excellence which has led us to become one of the top business houses of India today.
Over 4200 Branches Across India
133+ years of legacy
Over 24,000 employees serving millions of customer
Walk in of over 1,00,000 customers per day
The basic documents that are generally required are death certificate, claim form and policy bond, Other documents such as medical attendant's certificate, hospital certificate, employer's certificate, police inquest report, post mortem report etc could be called for, as applicable. The claim requirements are usually disclosed in the policy bond.
Settlement option means the facility made available to the policy holder to receive the maturity proceeds in a defined manner (the terms and conditions are specified in advance at the inception of the contract).
Usually the Insurance Company will send intimation attaching the discharge voucher to the policy holder at least 2 to 3 months in advance of the date of maturity of the policy intimating the claim amount payable. The policy bond and the discharge voucher duly signed and witnessed are to be returned to the insurance company immediately so that the insurance company will be able to make payment. If the policy is assigned in favour of any other person the claim amount will be paid only to the assignee who will give the discharge.
If the policy conditions permit grant of loan, loan is sanctioned as a percentage of the Surrender Value.
In case of certain proposals, depending upon the age of entry, age at maturity, sum assured, family history and personal history, special medical reports may be necessary for consideration of a risk. E.g. if the proposer is overweight, special reports like Electro Cardiogram, Glucose Tolerance test etc could be required, while for underweight proposers, X-ray of the chest and lungs with reports could be required.
The disclosures made in a proposal are the basis for underwriting a policy and therefore any wrong statements or disclosures can lead to denial of a claim.
India’s insurance penetration at just 3.76% of the GDP is “extremely low” against
...
World Cancer Day is observed on 4 February every year. The disease is
...
For many years now, unit-linked insurance plans were taxed where the cover was
...
