Claim Process – Max Life Insurance Co. Ltd.

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3 Quick Ways to Initiate Your Claim

  • Insurer Support

    Toll Free – 1800 200 5577

    Email - claims.support@maxlifeinsurance.com

  • Submit at Nearest Branch
    Branch locator
  • Request Assistance
    Submit

Details Necessary to Intimate or Register Claim

The following details are required to intimate or register a claim :

  • Policy Number
  • Name of Insured Person
  • Name of Claimant
  • Date of Death of Insured Person
  • Cause of Death of Insured Person
  • Contact Details of Claimant

A reference number is provided after the claim is successfully registered, and it should be used in all future emails / forms / correspondence.

  • Death Claim
  • Maturity/Survival

Points to Remember

  • A death claim needs to intimated as soon as possible after the occurence of the event to the insurer.
  • Please ensure timely submission of claim file for speedy decision.
  • Probability of investigation is less if the policy is more than 3 years old.

List of Documents

Mandatory Documents

  • Original policy documents
  • Original / Attested copy of Death Certificate Issued by local municipal authority.
  • Death Claim Application Form (Form A) NEFT Mandate form attested by bank authorities alongwith cancelled cheque or bank account passbook.
  • Nominee’s photo identity proof like copy of passport, PAN card, Voter identity card, Aadhar (UID) card etc.

Additional documents (as per the cause of death)Medical / Natural death: Attending Physician's Statement (Form 'C').

  • Medical records (Admission notes, Discharge/ Death Summary, Test reports etc.)Accidental/ Unnatural Death
  • Copy of the First Information Report (FIR) or Panchanama/Police Complaint
  • Copy of Post Mortem Report (PMR) / Autopsy and Viscera report
  • Copy of the Final Police Investigation Report (FPIR)/Charge sheet

Points to Remember

  • Original policy document will be required to claim the maturity amount. If missing/Lost/not available, indemnity bond in lieu of the original policy document is required.
  • "TDS will be applicable as per provisions of section 194DA of income tax act @2% in case valid PAN is provided,
  • However, rate will be charged @ 20% in case valid PAN is not available with the Company."
  • If there is any other request along with the maturity, like Address change, Bank details change or indemnity bond for lost Bond then first that request would be done. Followed by a cooling off period of 15 days from the letter date and then fresh payout request to be done.
  • For ULIPS the NAV will be as per the maturity date and not the withdrawal date.

List of Documents

Mandatory Documents

  • Duly filled maturity claim form.
  • Original policy document(in case of whole life plans, policy document is endorsed and sent back to the policy holder).
  • Indemnity Bond in lieu of Original policy document.
  • KYC (In case of any change in address).
  • Cancelled cheque bearing account number and Policyholder name or Copy of Bank Passbook.
  • If the request is submitted by someone other than the policy owner than Id proof of the executing person along with authority letter required.
  • If the policy was taken under Married Women property Act, then the form must be signed by the Appointed trustee.