How to claim for an Insurance Cover?

Claim for an Insurance Cover

At some point of your lifetime, we will have to claim for the insurance that we applied for. Whether your claim is on health, vehicle or any other assets there a certain procedures that must be adhered to when you claim for your insurance cover.

Call your insurance broker and let him know that you need to make a claim.
Take guidance from him and proceed with filing all the required documents that will be required for making your claim.
In case if your insurer requires the proof of loss in case of damage to assets or the history of illness in case of claiming health insurance, you must be ready to provide the required documents.
Statement of claim is the legal document that is obtained from your insurer, through which you can acquire the cash for your losses from your insurance company.

For health insurance the claim can be made in two ways:

Claim on Cashless basis, where your treatment must be done only at a network hospital of the TPA who is in service to your policy.
Claim on reimbursement basis, where after hospitalization you must produce the required documents of billing policies to your insurance provider and claim for money.