Who can lodge the insurance claim in the Star Union Dai-ichi Life Insurance policy?

The claimant has to be the registered nominee or the assignee. If there is no nominee in Star Union Dai-ichi Life Insurance, the next legal heir can lodge the claim.

Is it necessary to submit all the documents listed above in the Star Union Dai-ichi Life Insurance Claim Process?

No, the documents depend on a case to case basis. However, the Star Union Dai-ichi Life Insurance claimant should submit the necessary documents, whichever is applicable in the individual case.

How long does it take for Star Union Dai-ichi Life Insurance to honour the claim?

Generally, Star Union Dai-ichi Life Insurance claims are processed as quickly as possible. It depends on the accuracy of documents submitted by the claimant. It should not take more than 15 days.

How does Star Union Dai-ichi Life Insurance pay the claim amount?

Star Union Dai-ichi Life Insurance credits the claim amount to the bank account of the claimant/nominee through electronic fund transfer.

What does the Star Union Dai-ichi Life Insurance claim settlement ratio signify?

The Star Union Dai-ichi Life Insurance secures an impressive claim settlement ratio of around 96.96% in FY20. It signifies that the company successfully settled 96.96% of all the claims received by it from claimants/nominees in the financial year 2020.

SUD Life Insurance Claim Settlement

Star Union Dai-ichi Life Insurance offers a customer-friendly three-step insurance claim process. It provides the facility of registering insurance claims online and offline. The process requires the submission of minimum documents from the nominee/appointee/assignee or the next legal heir of the life assured. Tracking the claim is also easy online. The best aspect of Star Union Dai-ichi Life Insurance is that it has a claim settlement ratio of 95.96% in FY 2020-21.

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Choose required coverage to secure your family’s future

50L

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Disclaimer :

1. Premium has been calculated for coverage till 60 years

2. Eligibility depends on income, occupation and educational qualification

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User Reviews

4.9

Rating based on

21 User reviews

What users are saying

Best Life Insurance
I had a great experience with the InsuranceDekho Company. Purchasing a life insurance policy from their website was very smooth and easy. The insurance experts suggested buying the Star Union Dal-Ichi Life Insurance Plan. I am impressed with the services offered by the company.
Read More
G
Daiichi
By Ganga Jugran
On: Jan 02, 2024
Got friendly suggestions
I got friendly suggestions from the InsuranceDekho as I was unable to select a desired life insurance plan. So, it is only on their suggestion that I decided to buy from Star Union -SUD Life Assured Income policy from InsuranceDekho.
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R
Daiichi
By Ritika Raj
On: Jan 23, 2023
My claim was settled on time
When I raised a claim against Star Union -SUD Life Assured Income policy on InsuranceDekho, it was settled on time. I was just required to submit a few documents online and everything related to the claim settlement process was carried out in an easy manner.
Read More
N
Daiichi
By Nivedita Matta
On: Oct 13, 2022
User-friendly portal
The interface of InsuranceDekho was extremely user-friendly such that even beginners like me were able to use it efficiently. That's why I faced no hassles while buying Star Union -SUD Life Assured Income policy from InsuranceDekho.
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A
Daiichi
By Anamika Kohli
On: Jul 19, 2022
Time-saving process
The process of buying was so quick that I felt that buying Star Union -SUD Life Assured Income policy was done in a flash. In a matter of a few minutes, I was able to buy Star Union -SUD Life Assured Income policy from InsuranceDekho.
Read More
S
Daiichi
By Shubham Jain
On: Jun 29, 2022

View All SUD Life Insurance Reviews

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FAQs

Who can lodge the insurance claim in the Star Union Dai-ichi Life Insurance policy?
The claimant has to be the registered nominee or the assignee. If there is no nominee in Star Union Dai-ichi Life Insurance, the next legal heir can lodge the claim.
Is it necessary to submit all the documents listed above in the Star Union Dai-ichi Life Insurance Claim Process?
No, the documents depend on a case to case basis. However, the Star Union Dai-ichi Life Insurance claimant should submit the necessary documents, whichever is applicable in the individual case.
How long does it take for Star Union Dai-ichi Life Insurance to honour the claim?
Generally, Star Union Dai-ichi Life Insurance claims are processed as quickly as possible. It depends on the accuracy of documents submitted by the claimant. It should not take more than 15 days.
How does Star Union Dai-ichi Life Insurance pay the claim amount?
Star Union Dai-ichi Life Insurance credits the claim amount to the bank account of the claimant/nominee through electronic fund transfer.
What does the Star Union Dai-ichi Life Insurance claim settlement ratio signify?
The Star Union Dai-ichi Life Insurance secures an impressive claim settlement ratio of around 96.96% in FY20. It signifies that the company successfully settled 96.96% of all the claims received by it from claimants/nominees in the financial year 2020.