SBI Claim Settlement Ratio
- CSR of the Company
- Types of Claims
- Claim Filing Process
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Updated on Apr 08, 2025 4 min read
SBI Life Insurance holds an impressive Claim Settlement Ratio of 98.39% and is known for its 3 steps and seamless claim settlement process. They understand that a more straightforward process and instant claim settlement are essential for life insurance claims.
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SBI Term Insurance | Best Life Insurance Policy In India
A policyholder can make any number of claims in a policy tenure but it should not exceed the amount of sum assured.
The claim benefit is received by the nominee who is appointed when the customers purchase the insurance policy, the policyholder assigns the person in whose favor the policy has been assigned.
Some common claim documents include original policy documents, death certificates, hospital records, photo identification & address proof of the claimant.
Typically, all valid claims are to be settled within 30 days after receiving all necessary documents related to the claim
You can check your claim status online through their official website or contact their customer representative by dialing 9250001848 from your registered mobile number.
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Himanshu is a seasoned content writer specializing in keeping readers engaged with the insurance industry, term and life insurance developments, etc. With an experience of 2 years in insurance and HR tech, Himanshu simplifies the insurance information and it is completely visible in his content pieces. He believes in making the content understandable to any common man.
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