However since they have corporate culture thus we feel that it is better to go with these private sector banks as they honour the commitment quickly without any legal hassles provided you have read the documentation correctly.
HDFC Life Claim Processing ProcedureThe website of HDFC Life states that at HDFC Life they lend a helping hand by enabling faster settlement of claims and help the family financially at the time of distress. For any assistance or query relating to reporting claims (Death Claims / Critical Illness Claims) you may get in touch with them by emailing us at claims@hdfclife(dot)com and they will get back to you with the details that will be required to process a claim.
One can Call toll free numbers - 1800 209 7777 or 1800 228 228 for any assistance / documentation required for processing claims.
Please note the following Exclusions:
No benefit will be paid if the death of the life assured has occurred directly or indirectly as a result of suicide within one year of the date of commencement or the date of issue or the date of revival of the policy, whichever is later.