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Service Guarantee/Turn Around Time (TAT)

                     
GENERAL
Processing of Proposal and Communication of Decisions including requirements/issue of policy /cancellations 15 days
Obtaining copy of the proposal 30 days
Post policy issue service requests concerning mistakes/refund of premium on account of freelook cancellations and also Non claim related service requests 7 days
Refunding of proposal deposit under any circumstances 15 days from the date of underwriting decision date
LIFE INSURANCE
Surrender value/annuity/pension processing 7 days
Maturity claim/survival benefit/penal interest not paid 7 days
Raising claim requirements after lodging the claim 7 days
Death claim settlement without investigation requirement 15 days
Death claim settlement /repudiation with investigation requirement 45 days
GRIEVANCE
Acknowledge a grievance Immediately from date of registration of grievance
Resolve a grievance 14 days
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