A signed self-declaration form is a vital piece of document, which assures that the claim details and submitted scanned documents are accurate. While you retain the original documents, this consent form guarantees that you haven’t approached any other TPA/ insurer for the same benefits.
What is a Self Declaration Form?
It is a statement that carries the policyholder’s name, policy number, and signature, assuring that the claim details and documents submitted are valid and accurate. It also declares that the claimant hasn’t approached another insurer/TPA for the same benefits.
Where Can You Find This Document?
The declaration can be written by yourself in a white paper mentioning your policy number, member ID, date, and other details mentioned above with signature.
Why is Self Declaration Form important?
- Accountability: The claimant takes full responsibility for the documents submitted and the claim filed.
- Alleviate Fraud: Makes it easier for the insurer to verify the authenticity of the claim, thereby reducing fraudulent claims.
- Streamlined Processing: The declaration form ensures that all the necessary documents and information are submitted, streamlining the process without having to follow up over and over again.
- Legal Protection: It legally safeguards the insurer as it is an evidence that the claimant confirmed the validity of the documents submitted.
Conclusion
Declaring that every information submitted with respect to your insurance claim is true and accurate is very necessary, especially at a time when insurance fraud is rising. Kindly ensure you submit the same without fail to avoid any delays in your claim’s processing.
