We are the first Life Insurance Company to launch "Immediate Payout on Death Claim Registration".
How we process our claims
Our claims process has been developed recognizing your needs of the hour. We are the first Life Insurance Company to launch "Immediate Payout on Death Claim Registration"* wherein we pay the Fund Value to the Claimant on registration of the claim, before the other formalities are completed.
Online Claim Intimation Form
The nominee/ claimant can intimate about the claim by filling the Death Claim Form and sending it to us at our head office /nearest bank branch/our offices along with a duly attested photo ID and address proof of the claimant.
These forms can also be collected from any of our offices or the respective bank branches.
Once we receive the duly filled Death Claim Form, we register your claim. And we will make payment for an amount equal to the Fund Value(subject to the terms and conditions).
Fund Value Disbursement
Once your claim is registered, we will transfer the Fund Value amount and will send you the claims pack along with the related forms that needs to be filled.
However, in order to expedite the process, we request you to download these forms and submit them along with the
Please find below the list of forms that needs to be filled and submitted to us for evaluation of the claim :
You can submit or courier these documents to us at our head office or send it to any of our offices or the respective bank branch.
Locate our branch/office nearest to you
The following documents needs to be submitted along with the duly filled forms:
For unnatural / accidental deaths, the following additional documents are required to be submitted:
Certification / attestation of photocopy of documents and witnessing of the claim forms to be done by any one of the following:
(1) An agent of the Company, (2) A Relationship Manager of the Company, (3) A Branch Manager of a distributing bank, (4) A Bank Manager of a Nationalized bank with Rubber Stamp, (5) A Gazetted Officer, (6) A Head Master / Principal of a Govt. School, (7) A Magistrate, (8) Any employee of the company.
In addition to the above listed documents, Canara HSBC Oriental Bank of Commerce Life Insurance Co. Ltd. reserves the right to call for any additional documents/ information.
Submission of claim form/ any other documents should not be construed as acceptance of the claim.
We start the processing of claim once we receive the forms along with the relevant documents. In case of any clarifications / further requirements, we will get in touch with you.
Upon verification of the documents, if all the documents are as per the requirements, we will release the balance amount to you. (Subject to terms and conditions).