1, PICC claims process is:
(1) accident investigation and loss confirmation;
(2) Submit the claim materials, and submit all the materials required for the claim after site investigation and damage assessment;
(3) Compensation calculation: After the claim is submitted and approved, PICC will accurately calculate the loss according to the insurance contract;
(4) When receiving the indemnity, the indemnity is calculated correctly or an agreement is reached with the insured.
2. Legal basis: Article 55 of People's Republic of China (PRC) Insurance Law.
If the insured and the insurer have an agreement on the insured value of the subject matter insured and specify it in the contract, when the subject matter insured suffers losses, the agreed insured value shall be taken as the compensation calculation standard.
If the insured and the insurer have not agreed on the insured value of the subject matter insured, when the subject matter insured suffers losses, the actual value of the subject matter insured at the time of the insured accident shall be taken as the compensation calculation standard.
The insured amount shall not exceed the insured value. If it exceeds the insured value, the excess shall be invalid, and the insurer shall refund the corresponding insurance premium.
If the insured amount is lower than the insured value, unless otherwise agreed in the contract, the insurer shall be liable for compensation in proportion to the insured amount and the insured value.
Second, what materials are needed for life insurance claims?
1. The application for insurance payment shall be filled in and signed by the insured;
2. Identity documents of the insured;
3. Original insurance policy;
4, the last payment receipt;
5. Relevant information.