How early can I expect a Death Claim benefit to be settled?
Amsure Insurance Agency LimitedThe IRDA (Insurance Regulatory and Development Authority) clearly articulates that a claim will have to be paid within 30 days from the date of receipt all documents and clarifications as sought by the insurer. In case the claim warrants an investigation then the insurance company has to complete the investigation not later than 6 months from the time of lodging the claim.