{"id":12416,"date":"2025-01-22T03:02:02","date_gmt":"2025-01-21T19:02:02","guid":{"rendered":"https:\/\/newcorpdemo-uat.cntaiping.sg\/?post_type=financial-articles&p=12416"},"modified":"2026-04-07T20:37:29","modified_gmt":"2026-04-07T12:37:29","slug":"life-insurance-claim-step","status":"publish","type":"financial-articles","link":"https:\/\/www.sg.cntaiping.com\/en\/financial-articles\/life-insurance-claim-step\/","title":{"rendered":"How To Make A Life Insurance Claim: A Step-by-Step Guide"},"content":{"rendered":"\t\t
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\n\t\t\t\t\t\t\t\t\tMaking a life insurance claim can be a daunting process during a difficult time. This guide provides a clear, step-by-step approach to help you navigate the process smoothly.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Step 1: Gather the necessary basic information<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Policy number:<\/strong> Locate the policyowner\u2019s life insurance policy number.<\/li>
Death certificate:<\/strong> Obtain a certified true copy of the death certificate, which is typically required for processing claims.<\/li>
Personal identification:<\/strong> Proof of identity of claimant and beneficiary, such as a NRIC or passport.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Step 2: Review the policy<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Understand the policy coverage:<\/strong>\u00a0Review the terms of the life insurance policy to understand the coverage amount and any specific requirements for filing a claim.<\/li>
Check for designated beneficiaries:<\/strong>\u00a0This will impact who can file the claim and receive the claim payout.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Step 3: Contact the insurer immediately<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Reach out promptly:<\/strong>\u00a0To notify them of the policyholder’s death and initiate the claims process.<\/li>
Enquire about the claims process:<\/strong>\u00a0Inquire about the specific documents and forms required for filing the claim.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Step 4: Complete the claim forms<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Obtain relevant claim forms<\/strong>: Request the necessary claim forms from the insurer, either online or through a Financial Adviser Representative.<\/li>
Complete the claims forms:<\/strong>\u00a0Carefully complete the claim forms, providing accurate and complete information with any additional documentation requested by the insurer.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Step 5: Submit the claim and follow up closely<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Compile required documents:<\/strong>\u00a0Refer to Step 1 and gather all necessary documents required for the claims processing.<\/li>
Submit the claim:<\/strong>\u00a0Submit the completed claim forms and required documents to the insurer and ensure you keep a duplicate of all submissions for your records.<\/li>
Stay in touch:<\/strong>\u00a0Regularly check in with the claims department for updates on the status of your claim. Be prepared to provide any additional information they may request.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Step 6: Receive the payout<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Review the Settlement:<\/strong>\u00a0Once the claim is approved, you will receive the claim payout. Review the settlement details to ensure everything is correct.<\/li>
Ask about payment options:<\/strong>\u00a0Enquire about how the payout will be made (lump sum, instalments, etc) and discuss any tax implications with a Financial Advisor Representative if necessary.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t