Life Insurer Cannot Reject Claim After 3 Years
Thursday, March 2, 2017, 9:01 PM
The life insurer has 3 years from the date of issue of the life insurance policy, to prove that you have suppressed or hidden material information or committed a fraud. The life insurer has to honor your/nominees claim, after the expiry of 3 years from the policy issue date. There are no exceptions to this rule.