5 Reasons For
Term Insurance 

Claim Rejection

Information

Non-Disclosure/False

Providing incorrect personal or medical details often lead to term insurance claim rejections.

Term Insurance

Lapse in Policy

If premiums aren't paid, policy lapses after the grace period, and that could further lead to claim rejection.

Not Appointing/Updating

Nominee Details

If there is no nominee and the legal heir is undecided, the claim can get rejected.

Policy Exclusions

If the policyholder’s death is listed in the policy’s exclusions list, the term insurance claim will get rejected

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