Group Claims Centre
We have made significant progress with our Claims Paid Percentage,
with that our Claims Paid Percentage has been rising consistently.
Claims Paid Percentage FY 2025-26
99.75%
Experience our hassle-free process
Faster claim settlement
Group Claim Settlement Ratio FY 2025-26 is 99.75%
72459 Families have received the benefit
Rs. 623.87 Cr Claims settled for 2025-26
Rs. 3330.65 Cr Claims Settled from Inception
Easy claim settlement process
Step 1
Intimate the claim to Master policy holder and submit the required mandatory documents
Step 2
Our dedicated claim processor verifies the documents
Step 3
Claim approval and payment*
Mandatory Documents required for settling the claim
- Death certificate issued by Government authorities
- Claimant statement
- KYC of nominee
- Bank account proof of nominee
- Cause of death certificate
- FIR and PMR in case of un natural death.
FAQs
What is Group insurance?
Group insurance is a single policy, typically purchased by an employer, association, or organization, that provides coverage to a group of people rather than individuals. It offers cost-effective protection, often with lower premiums.
Who is a master policy holder?
A master policyholder can be a company, institution, bank, Non-Banking Financial Company (NBFC) or any other entity/organisation who purchases a group insurance policy for the members of the group.
What is Group loan protector insurance policy?
policy designed to pay off or cover outstanding loan (such as home or personal loans) if the insured faces unforeseen circumstances like death, it protects the family from inheriting debt and prevents lenders from seizing assets.
What is group term life insurance policy?
A group term life insurance plan refers to a life insurance plan that covers a group of people for a specified term or period. It provides life coverage to a group of people and pays compensation to the group member's family if he/she dies during the policy term.
