LIC Claim Settlement Death & Maturity Claim Guide

Step-by-step process, documents needed, timeline, and what to do if your claim is rejected.

✍️ By Team Lic Calculator 🔍 Reviewed by Haresh Hirapara (20+ yrs in Insurance) 📅 Updated: August 2026 ✅ Expert Verified
📌 Quick Answer

LIC settles approximately 98.62% of all death claims. For death claims: inform the branch, submit policy bond + death certificate + Form 3783, and LIC pays within 30 days. For maturity claims: LIC auto-processes if KYC is updated — just submit the policy bond. Most claims are settled smoothly.

LIC Claim Settlement Ratio

98.62%
Death Claim Settlement
Approx. based on IRDAI data
~100%
Maturity Claim Settlement
Nearly all maturity claims paid
30 Days
Average Processing Time
After all documents submitted

*Approximate figures based on publicly available IRDAI data. LIC has one of the highest claim settlement ratios in India.

Death Claim — Step-by-Step Process

1
Inform LIC Branch Immediately

The nominee or family member should inform the servicing branch as soon as possible. Call the branch or visit in person. LIC's toll-free number: 1800-2579.

2
Collect Claim Forms from Branch

Get Form 3783 (Claimant's Statement) and Form 3816 (Certificate of Death — to be filled by attending physician/hospital).

3
Gather All Documents

Original policy bond, death certificate, nominee's ID, bank details, and any medical/hospital records. See complete list below.

4
Submit to Branch

Submit all forms and documents to the servicing branch. Get an acknowledgment receipt with the claim reference number.

5
LIC Investigates (If Needed)

Non-early claims (policy > 3 years): Minimal investigation, usually fast.
Early claims (death within 3 years): LIC investigates the cause of death and health declarations.

✓
Claim Settled — Money Credited

Amount credited directly to the nominee's bank account via NEFT/RTGS. Typically within 15-30 days of complete documentation.

Documents Required for Death Claim

DocumentRequired?Notes
Original Policy Bond✅ YesIf lost, submit an indemnity bond
Death Certificate✅ YesFrom Municipal Corporation
Form 3783 (Claimant's Statement)✅ YesAvailable at branch
Form 3816 (Doctor's Certificate)✅ YesFilled by attending physician
Nominee ID Proof✅ YesAadhaar / PAN / Passport
Bank Account Details✅ YesCancelled cheque of nominee
FIR / Postmortem Report⚠️ If applicableFor accidental / unnatural death
Hospital Records⚠️ If applicableDischarge summary, treatment records
Employer Certificate⚠️ If applicableIf policy was under salary deduction

Maturity Claim — How It Works

Maturity claims are much simpler — LIC often processes them automatically:

1
LIC Sends Intimation Letter

2-3 months before maturity, LIC sends a letter with the discharge voucher form. If KYC is updated, you may not even need to do anything.

2
Submit Policy Bond + Discharge Voucher

Sign the discharge voucher, attach the original policy bond, and submit to the branch. Many branches now accept this online too.

✓
Amount Credited to Bank

Maturity amount (SA + Bonus + FAB) is credited directly to your registered bank account within 7-15 days.

💡 Pro Tip: Update your KYC (Aadhaar, PAN, bank details) on the LIC portal well before maturity. If your details are updated, LIC often credits the maturity amount automatically — you may not even need to visit the branch!

What If Your Claim Is Rejected?

If LIC rejects a claim, you have multiple levels of recourse:

1
Request Written Reasons

LIC must provide detailed written reasons for rejection. Understand the exact grounds.

2
LIC Grievance Redressal

File a complaint with the LIC Grievance Redressal Officer at the divisional/zonal office.

3
Insurance Ombudsman (Free)

Approach the Insurance Ombudsman — it's free, no lawyer needed, and the decision is binding on LIC. Find your Ombudsman at igms.irda.gov.in.

4
IRDAI Complaint

File an online complaint with IRDAI (Insurance Regulatory and Development Authority).

5
Consumer Forum / Court (Last Resort)

File a case in the Consumer Disputes Redressal Forum. For claims up to ₹1 Crore, the District Forum has jurisdiction.

⚠️ Common reasons for rejection: Non-disclosure of pre-existing health conditions (diabetes, heart disease, etc.), death within the first year (suicide clause), lapsed policy with no paid-up value, and incorrect information in the proposal form. Always disclose complete health information when buying a policy.

💡 Expert Tip (Haresh Hirapara): I always tell my clients three things: (1) Never hide health conditions when buying a policy — non-disclosure is the #1 reason for claim rejection. (2) Keep the original policy bond safe and tell your nominee where it is. (3) Update your KYC and nominee details regularly. If you do these three things, your claim will be settled smoothly. LIC's 98%+ settlement ratio proves that genuine claims are almost always paid. Consult your LIC branch or call 1800-2579 for any claim-related queries.

Frequently Asked Questions

How to file a death claim in LIC?+
Inform the LIC branch, collect Forms 3783 and 3816, gather the policy bond + death certificate + nominee's ID + bank details, and submit everything to the branch. LIC processes the claim within 15-30 days of complete documentation.
How long does LIC take to settle a death claim?+
Typically 15-30 days after all documents are submitted. Non-early claims (policy > 3 years) are faster. Early claims (death within 3 years) may take 60-90 days due to investigation. IRDAI mandates settlement within 30 days of documentation completion.
What is LIC's claim settlement ratio?+
Approximately 98.62% for death claims and nearly 100% for maturity claims. LIC has one of the highest settlement ratios in India. These are approximate figures based on publicly available IRDAI data.
What documents are needed for death claim?+
Original policy bond, death certificate, Form 3783 (Claimant's Statement), Form 3816 (Doctor's Certificate), nominee's ID (Aadhaar/PAN), cancelled cheque. For unnatural death: FIR and postmortem report. For hospital death: discharge summary.
What if LIC rejects my claim?+
You have 5 options: (1) Request written reasons, (2) LIC Grievance Redressal Officer, (3) Insurance Ombudsman (free, no lawyer needed), (4) IRDAI complaint, (5) Consumer Forum/court. The Ombudsman is the most effective free option. Consult a legal advisor for complex cases.
How to file a maturity claim?+
LIC usually sends an intimation letter 2-3 months before maturity. Submit the policy bond and signed discharge voucher. If your KYC is updated, LIC may auto-credit the amount to your bank. Contact your branch if you don't receive the letter.
⚠️ Disclaimer

This article is for educational and informational purposes only. LIC-Calculator.com is not affiliated with LIC of India. Claim settlement ratios and processing times are approximate based on publicly available data. Procedures may vary by branch and claim type. For official claim procedures, visit licindia.in or contact your branch.

This is not financial advice. Please consult a certified financial advisor or legal professional for claim-related guidance.

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