New Delhi [India], June 2 (ANI): Max Life Insurance Co Ltd said on Tuesday it paid 15,342 death claims amounting to Rs 563 crore in the financial year 2019-20, thus achieving an all-time high individual death claims paid ratio of 99.22 per cent in the company's last five-year performance.
Mumbai (Maharashtra) [India], April 7 (ANI): The Life Insurance Council has announced that all life insurers, both public and private, are committed to processing any death claim pertaining to COVID-19 at the earliest.
New Delhi [India], Jan 23 (NewsVoir): Max Life Insurance Co. Ltd. (“Company”), one of the leading life insurance companies in India, has launched InstaClaim™, an initiative that endeavors’ to pay death claims in just 1 day for policies up to Rs. 50 lakhs where all minimum mandatory documents
Hyderabad (Telangana) [India], November 26 (ANI): A case has been registered against a married couple on Saturday in Hyderabad's Banjara Hills for submitting a fake death certificate and documents to claim an insurance of Rs 1 Crore.
New Delhi [India], Nov.19 (ANI): The Employees' Provident Fund Organisation (EPFO) has asked its field offices to settle death claims within a period of seven days from the date of receipt of proposal and retirement claims on the day of retirement.