Who will receive the claim amount under Mediclaim if the policyholder dies during the time of treatment ?
Under Mediclaim, the claim amount is paid to the nominee of the policyholder. In case there is no nominee made under the policy, then the insurance company will insist upon a succession certificate from a court of law for disbursing the claim amount. Alternatively, the insurers can deposit the claim amount in the court for disbursement to the next legal heirs of the deceased.
Related Questions
- Who will receive the claim amount under health insurance if the policyholder dies during the time of treatment ?
- Who will receive the claim amount under Mediclaim if the policyholder dies during the time of treatment ?
- At 3 a.m., in a different time zone, what would we do if we needed medical treatment and needed to claim?
