Death Claim from Insurance

[M K Bajaj]

Hello,

If a person has taken taken 'Accident Policy' from both National Insurance and Life Insurance Corporation, will he be eligible to get claim after death.

Please Help.

[YAGAY andSUN]

As per Insurance laws and IRDA guideline, duel benefits can't be fetched for single event by taking two insurance policies.

AI Summary

Dual Benefits Barred: No Double Claims on Accident Policies per Insurance Laws & IRDA Guidelines A query was raised regarding the eligibility to claim benefits from both National Insurance and Life Insurance Corporation under an accident policy after a person's death. The response clarified that according to insurance laws and IRDA guidelines, dual benefits cannot be claimed for a single event using two insurance policies.