ATM CARD INSURANCE CLAIM PROCEDURE
If there were accidental death of cardholder his nominated family can get insurance.
Family member of dead person have to contact within 2-5 months after cardholder’s death.
Bank would check last 45 days card transactions before death before giving claim.
It is one of the conditions of claim.
One should know terms and conditions which enclosed in brochure provided with card.
Sum of insurance varies according to category of card.
Sum of insurance range between Rs. 25,000/- to 10,00,000/-
Bank is liable to give details about card and sum of insurance.
Police information is necessary for the claim.
If patient admitted before death medical reports is necessary.
Other require documents are police report, postmortem report and other valid documents like death certificate, I’d proof.
Last 60 days bank transaction bank can check.
Click below link to know how claim insurance