Written by : Knowledge Centre Team
2025-12-24
4930 Views
6 minutes read
Share
Being the only breadwinner for your family, you may understand the financial impact of your untimely demise on your family. With awareness and adequate planning, however, you can minimize the effect of financial instability on your loved ones. Life insurance plans serve as a robust safety net for your family. If anything were to happen to you, your loved ones can file for a life insurance claim and receive a significant amount of money as an insurance benefit, which will help them pay off any outstanding debts and support their life goals in your absence.
There are instances; however, wherein your efforts may be in vain because the insurance claim may get rejected. Life insurance companies may reject a claim after it is deemed to be falsified or improper.
Secure Your Family’s Future with the Right Life Insurance Plan
Enter OTP
An OTP has been sent to your mobile number
Didn’t receive OTP?
Application Status
Name
Date of Birth
Plan Name
Status
Unclaimed Amount of the Policyholder as on
Name of the policy holder
Policy No.
Address of the Policyholder as per records
Unclaimed Amount
Sorry ! No records Found
Request Registered
Thank You for submitting the response, will get back with you.
Thank you for your interest in our product. Our financial expert will connect with you shortly to help you choose the best plan.
Here are various reasons that may result in your life insurance claim getting rejected
False Information:
Life insurance policies are based on mutual trust and proper disclosures between the policyholder and the insurance company. In case, the policyholder decides to conceal any information, even if seemingly trivial, this can lead to insurance claim rejection. For example, there are instances wherein individual’s hide their lifestyle habits such as smoking and drinking at the time of purchasing life insurance.
Doing so may lead to reduced insurance premium payable at first, but it may also lead to your insurance claim getting rejected. Other oversights that may lead to claim rejection include false information about your age, weight, and inflated annual income. You must be honest and alert while filling out the application so that later on, your loved ones may not have to deal with claim rejections.
Timely Payment of Premiums:
When you purchase a suitable life insurance cover, it is only the start as you have to keep on paying the premium amount on time, throughout the agreed premium payment tenure. Doing so, helps you keep your end of the bargain and minimize any chances of claim rejection later. Even if you miss paying a premium, you have an option to pay it within the grace period, without damaging your insurance coverage.
Otherwise, if you do not pay your premiums, the insurance company may consider your life insurance policy as lapsed and deny any claim towards it. To avoid such an instance, you must ensure the timely payment of premiums.
Nominee Details
The nominee details provided by you (as the policyholder) are crucial because it is your nominee only who receive the insurance benefits in your absence. Insurance companies may reject a claim if there are no nominee details filled or updated in the application. You may have purchased the life insurance policy early in your life and have named your parents as nominees.
After a few years, if you fail to update the nominee details and your parents are not present to file the claim, the chances are that the insurance policy may get rejected. Hence, it is crucial that you keep your nominee details up to date.
Contestability Period
Most life insurance companies insert a contestability clause in their life insurance plan. According to this clause, if the demise of the policyholder happens shortly after the insurance coverage commences, the insurers may reject the claim. The contestability period comes into play immediately after the purchase of the policy. Usually, this clause may range between one or two years.
Cause of Death
Similar to the contestability clause, most life insurance companies have an exclusion list comprising various types of deaths that are not covered under the life insurance policy. For example, the life insurance claim may get rejected if you (as the policyholder) participate in any hazardous activities or sports, or if your demise occurs due to a pre-existing health condition. Other types of deaths such as those due to natural disasters, homicides and terrorist attacks are typically not covered by life insurance policies.
Disclaimer - This article is issued in the general public interest and meant for general information purposes only. The views expressed in this blog are solely those of the writer and do not necessarily reflect the official policy or position of Canara HSBC Life Insurance Company Limited or any affiliated entity. We make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the blog or the information, products, services, or related graphics contained in the blog for any purpose. Any reliance you place on such information is therefore strictly at your own risk. You should consult with a qualified professional regarding your specific circumstances before taking any action based on the content provided herein.
Recent Blogs
5 Benefits of Gifting Life Insurance Cover to Your Spouse
09 July '26
1101 Views
8 minute read
Discover how gifting life insurance to your spouse supports financial security, protection and long-term family planning.
Read More
Life Insurance
How to Secure Your Future with Whole Life Insurance?
09 July '26
1026 Views
6 minute read
Discover how whole life insurance provides lifelong coverage and helps support long-term financial planning goals.
Read More
Life Insurance
Best Short-Term Investment Options with High Returns in 2026
08 July '26
1361 Views
12 minute read
Best Short-Term Investment Options in India. Find the top 10 short-term investment options with high returns for a short time.
Read More
Life Insurance
What is Deductible in a Life Insurance Plan?
08 July '26
1410 Views
8 minute read
Learn what is deductible in a life insurance plan and how it impacts your coverage. Get expert insights and guidance from Canara HSBC Life Insurance for better planning.
Read More
Life Insurance
Persistency Ratio in Insurance: Meaning and Importance
08 July '26
2868 Views
10 minute read
Know what the persistency ratio in insurance means, how it is calculated, why it matters for insurers and policyholders, and what it indicates about policy performance.
Read More
Life Insurance
What is Insurance? Meaning, Types & Benefits Explained (2026)
07 July '26
9340 Views
10 minute read
Understand insurance meaning, types, benefits & why insurance is important for financial security in India.
Read More
Life Insurance
PLI Interest Rate 2026: Updates, Key Features & Eligibility
07 July '26
1231 Views
9 minute read
Explore the latest PLI interest rates, bonus updates, and key features for 2026. Learn about policy types, eligibility, and benefits of Postal Life Insurance.
Read More
Life Insurance
Happy Father's Day 2026: Celebrate Every Father's Promise of Protection
20 June '26
33 Views
5 minute read
Celebrate Happy Father's Day 2026 by honouring every father's love, care and commitment. Discover how life insurance helps protect your family's future.
Read More
Life Insurance
What is an Insurance Coverage?
06 May '26
1404 Views
8 minute read
Learn what insurance coverage means, how it works and why choosing the right coverage is important for financial protection.
Read More
Life Insurance
Life Insurance - Top Selling Plans
We bring you a collection of popular Canara HSBC life insurance plans. Forget the dusty brochures and endless offline visits! Dive into the features of our top-selling online insurance plans and buy the one that meets your goals and requirements. You and your wallet will be thankful in the future as we brighten up your financial future with these plans.
Family Shield: Enhanced Protection
iSelect Smart360 Term Plan
- 3 Plan options
- Life cover till 99 years
- Steady income benefit
- Block your premium at inception
Start Young, Pay Less, Stay Secured
Young Term Plan
- Life cover till 99 years
- Coverage for spouse
- Block your premium rate
- Covers 40 critical illness
Fixed Returns, Zero Risks & Worries
iSelect Guaranteed Future Plus
- 4 Plan options
- Life cover + Guaranteed benefits
- Accidental death benefit
- Premium protection cover
Popular Searches
- Term Life Insurance
- Whole Life Insurance
- Critical Illness Insurance
- Accidental Death Benefit Rider
- Compare Life Insurance Quotes
- Best Life Insurance Companies In India
- Factors Affecting Life Insurance Premiums
- Life Insurance Rider
- Life Insurance Plans
- Types of Life Insurance
- Term Life Insurance Tax Benefit
- What is Insurance?
- Life Insurance Premium
- Life Insurance For Children
- Life Insurance for Seniors
- Whole Life Insurance Plans
- Group Life Insurance Plans
- Life Insurance Claim Process
- Tax Benefits of Life Insurance