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Which document is mandatory to submit for a maturity claim settlement in life insurance?

easy Q1 of 15
Insurance Awareness - Life Insurance - LIC
Which document is mandatory to submit for a maturity claim settlement in life insurance?
ADeath certificate
BNomination form
CMaturity discharge form
DAccident report
Step-by-Step Solution
  1. Step 1: Identify claim type

    Maturity claims occur when the policy reaches its term and the insured survives.
  2. Step 2: Required document for maturity claim

    The maturity discharge form is essential to claim the maturity proceeds.
  3. Step 3: Eliminate irrelevant documents

    Death certificate and accident report are for death claims; nomination form is not a claim document.
  4. Final Answer:

    Maturity discharge form → Option C
  5. Quick Check:

    This form is specifically designed for maturity claim settlements.
Quick Trick: Maturity claims require maturity discharge form.
Common Mistakes:
MISTAKES
  • Confusing death claim documents with maturity claim documents.
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