Death claim settlement: SBI has issued revised guidelines to provide a harmonised framework and to standardise the documentation for the se...

The Ernakulam Consumer Commission ordered SBI to repay a deceased depositor's Fixed Deposit and compensate his son. SBI had refused the cla...

State Bank of India simplifies death claim settlements. Nominees can file online for savings accounts and fixed deposits. Visit the Decease...

SBI Life Insurance has been fined Rs 1 crore by the Insurance Regulatory and Development Authority of India (Irdai) for violating regulatio...

Claim settlement ratio is one of the crucial metrics that give you a rough sense of how the insurance company honours the policyholders' cl...

State Bank of India (SBI) Life Insurance was ordered to pay the full amount of insurance claim to settle the housing loan taken by the dece...

The competent authority has decided to relax the necessity of a death certificate for EDLI and pension claims relating to deceased members ...

Insurance companies must abide by rules set forth by the Insurance Regulatory and Development Authority of India (Irdai) when resolving ins...

Here is a look at the process of filing a claim with SBI after the death of an account holder. Before filing the death claim with the SBI, ...

To get the accidental insurance benefit, the nominee will have to fill a claim form and attach the death certificate the person for whom th...

SBI Life has reported a 42.9% year-on-year (YoY) drop in its June quarter (Q1) profit to ₹223.16 crore largely on the back of provisions ma...

The second wave of Covid has pushed up claims for life insurance companies by 5-10 times for April 2021.

Life insurers paid out covid-related claims worth Rs 1,986 crore in 2020-21. In 2019-20—a normal year—aggregate death claims paid by life i...

Dena Bank today said it has tied up with SBI Life Insurance Company to provide Group Life Insurance coverage to its housing loan borrowers ...

Insurers, including SBI Life and PNB Metlife, have set up helpline numbers for J&K flood victims so as to enable easy settlement of death c...

Country's largest bank SBI will discontinue a free accident insurance cover given to its home and car loan customers from July this year.

The IRDA has imposed a fine of Rs 10 lakh on leading life insurer SBI Life for deviating from the offer document in one of its schemes.