Life Insurance

Documents Required for Life Insurance

Life insurance provides financial protection to individuals and their loved ones. However, certain documents are usually required to complete the application process to buy a life insurance policy.…

Life insurance provides financial protection to individuals and their loved ones. However, certain documents are usually required to complete the application process to buy a life insurance policy. These documents help insurers assess an applicant's eligibility, determine coverage amounts, and set premium rates. This article will provide a comprehensive guide on the required documents for life insurance, helping you understand what to gather and prepare when applying for a life insurance policy.

Personal Identification Documents

When applying for life insurance, you must provide personal identification documents to verify your identity and establish your eligibility. These documents may include:

  • Proof of Identity

  1. Valid passport
  2. Government-issued identity card 
  • Proof of Age

  1. Birth certificate
  2. Passport
  3. School leaving certificate
  4. Driving license
  • Proof of Residence

  1. Utility bills (electricity, water, gas)
  2. Bank statements
  3. Rental agreement or property ownership documents

Financial and Income Documents

Life insurance companies evaluate your financial status and income to determine the appropriate coverage amount and premium rates. The following documents are usually required to assess your financial standing:

  • Income Proof

  1. Salary slips or payslips (for salaried individuals)
  2. Income tax returns (ITR) or Form 16 
  3. Business financial statements (for business owners)
  4. Audited financial statements (for high coverage amounts)
  • Bank Statements

  1. Recent bank statements showing regular income deposits
  2. Statements from investment accounts or fixed deposits
  3. Proof of other assets, such as real estate or securities
  • Employment Verification

  1. Employment letter or offer letter
  2. Employment contract
  3. Proof of business ownership (for self-employed individuals)
  • Medical History and Health Documents

  1. Medical examination reports (if required by the insurer)
  2. Pre-existing health condition disclosure forms
  3. Prescription history
  4. Hospitalization records (if applicable)

Beneficiary Designation and Legal Documents

Life insurance policies allow policyholders to designate beneficiaries who will receive the proceeds upon the policyholder's death. The following documents may be required for beneficiary designation and legal purposes:

  • Beneficiary Information

  1. Full name, date of birth, and contact details of the beneficiaries
  2. Relationship proof (if non-family members are designated)
  • Power of Attorney

  1. Power of Attorney documents (if applicable)
  2. Designation of a person authorized to act on your behalf

Lifestyle and Habits

Certain aspects of your lifestyle and habits may affect your life insurance application. Insurers often request information and supporting documents related to:

  • Smoking and Tobacco Use

  1. Smoking declaration form
  2. Nicotine or cotinine tests
  3. Proof of smoking cessation (if applicable)
  • Alcohol and Substance Use

  1. Alcohol consumption declaration 
  2. Substance abuse history disclosure
  • Hazardous Activities

  1. Declaration of participation in dangerous hobbies or occupations
  2. Documentation related to extreme sports, aviation, etc.

Documents Required for Life Insurance

Below mentioned is the list of documents that are required to apply for a life insurance policy:

  • Duly filled Proposal Form
  • Photograph of the Assured Person (Adhaar Card, Voter ID Card, Passport, etc.)
  • Age Proof of the Assured Person
  • Photo Identity Proof of the Assured Person
  • Address Proof of the Assured Person
  • Medical Examination Report of the Assured Person
  • Income Proof of the Assured Person
  • PAN Card of the Assured Person

Documents Required for Life Insurance Maturity Claims

You will have to submit the following documents for life insurance maturity claims:

  • Original Policy Document
  • Duly filled Policy Discharge Form
  • Bank Account Details 
  • Photo ID Proof of the policyholder

Documents Required for Life Insurance Death Claims 

Below is the list of documents that are required for life insurance death claims:

  • Duly Filled Claim Form
  • Original Policy Documents
  • Photo ID Proof of Nominee
  • Death Certificate issued by local authority
  • Bank Account Details of Nominee 
  • Medical Records
  • Attending Physician’s Statement
  • Treating Doctor’s Statement

Documents Needed for Life Insurance Rider Claims

You should have to submit the following documents for a life insurance rider claim:

  • Original/Copy of FIR
  • Doctor’s Report
  • Original/Copy of Postmortem Report
  • Original/Copy of Police Inquest Report
  • Other Documents (if required)

How to Buy a Life Insurance Plan 

You can buy a life insurance plan from the official website of the life insurance company and “”. Below, we have explained both the buying processes of life insurance plans:

Buy from the official website of the insurance company

  • Visit the insurance company’s official website and click on the “Life Insurance” tab.
  • Select the desired plan.
  • Fill in all the required information, such as name, mobile number, annual income, occupation, etc.
  • Click on the “Buy Now” button.
  • Make payment.
  • The insurance company will send the policy documents to your email address.

Buy from “”

  • Visit the official website of RenewBuy.
  • Click on the “Insurance” tab.
  • Then, click on the “Life Insurance” button.
  • Fill out the form that shows on the next page.
  • Compare Life insurance plans and select your desired plan.
  • Click on the “Buy Now” button
  • A pop-up will show you the plan details and the additional rider information.
  • Click on the “Proceed to Buy” button.
  • Make an online payment, and the policy documents will be sent to your registered email address.


Several required documents need to be submitted to obtain a life insurance policy. These documents establish your identity, verify your financial status and provide important information to insurers. By being prepared in advance and gathering the necessary documents, you can streamline the application process and ensure a smooth approval process for your life insurance policy. Remember to consult RenewBuy's insurance advisor to understand the specific documentation requirements of your chosen life insurance company. With the right documentation, you can protect your loved ones with the financial protection provided by a life insurance policy.

Documents Required for Life Insurance FAQs

  1. What documents are typically required when applying for life insurance?

Ans. The specific documents required may vary depending on the insurance company and the type of policy being applied for. However, common documents include proof of identity, proof of age, proof of residence, income proof, bank statements, medical history, and beneficiary information.

  1. Why is proof of identity necessary for life insurance?

Ans. Proof of identity is required to verify the applicant's identity and prevent fraud. It ensures that the policy is being issued to the correct person and helps establish the applicant's eligibility for insurance coverage.

  1. How do I provide proof of age for life insurance?

Ans. Proof of age can be provided through documents such as a birth certificate, passport, school leaving certificate, or driver's license. These documents help the insurer confirm the applicant's age and determine the appropriate policy terms.

  1. Why is income proof required for life insurance?

Ans. Income proof is necessary for assessing the applicant's financial capacity to pay the premiums and determine the coverage amount. It helps insurance companies evaluate the risk of insuring the applicant and set appropriate premium rates.

  1. What type of income proof is acceptable for life insurance?

Ans. Acceptable income proof may include salary slips or payslips for salaried individuals, income tax returns or Form 16 for self-employed individuals, and business financial statements for business owners. The specific requirements may vary among insurance companies.

  1. Why do life insurance companies ask about smoking and alcohol habits?

Ans. Smoking and alcohol consumption can impact an individual's health and increase the risk of certain medical conditions. Insurers inquire about these habits to assess the applicant's health risks accurately and determine the appropriate premium rates for the policy.

  1. What is beneficiary information, and why is it needed?

Ans. Beneficiary information refers to the details of the individuals who will receive the life insurance proceeds upon the policyholder's death. This information is required to designate the beneficiaries and ensure that the insurance proceeds are distributed as intended.


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