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Limitation Act, 1963 · First Division — Suits · Part II. — Suits Relating To Contracts

Article 44: (a) On a policy of insurance when the sum insured is payable after proof of the death has…

Description of suit(a) On a policy of insurance when the sum insured is payable after proof of the death has been given to or received by the insurers. (b) On a policy of insurance when the sum insured is payable after proof of the loss has been given to or received by the insurers.
Period of limitationThree years. Three years.
Time from which period begins to runThe date of the death of the deceased, or where the claim on the policy is denied, either partly or wholly, the date of such denial. The date of the occurrence causing the loss, or where the claim on the policy is denied, either partly or wholly, the date of such denial.

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Read the Limitation Act

Source: official text of the Limitation Act, 1963 (India Code).