Term insurance is a vital financial tool that offers security to policyholders and their families during unforeseen circumstances. While its primary objective is to provide a safety net in case of the policyholder’s untimely demise, term insurance can also address other situations like critical illnesses, accidental deaths, and disabilities. Understanding the various types of claims and their respective processes is essential to ensure a smooth and stress-free experience when the need arises. This article discusses the different types of term insurance claims, their processes, and how they cater to diverse situations to protect the insured and their dependents.