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Dispute on Premium Payment Term in Insurance Policy – Problem Frequently Faced

Posted on January 24, 2022 by Admin
What Happens When a Premium is not paid for your Term Insurance Policy

Premium payment term is the regular cause of dispute among all grievances with Life Insurance. Life Insurance is a contract where the Insured agrees to pay a premium each year as per the payment term given in the Policy schedule… Continue Reading →

Life Insurance
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What you must know about Pre-Existing Diseases in Your Health Insurance Policy

Posted on January 22, 2022 by Admin

Ajay Singh (32) had bought a health plan in 2020 after the outbreak of the pandemic made him realise the importance of it. He got hospitalised in August 2021 due to Covid-19. He was sure his health plan would take… Continue Reading →

Health Insurance
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Do not buy Single Premium Life Insurance in place of Fixed Deposit?

Posted on January 17, 2022 by Admin
Things to know while buying single premium insurance

Walk into any bank and ask for a fixed deposit, some relationship manager would take you on a side and recommend Single premium insurance policies. They would promise superior returns, life cover and tax benefits. They would commit liquidity in… Continue Reading →

Life Insurance
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Want to Port Your Health Insurance Policy? Know Key Details

Posted on January 17, 2022 by Admin
Health Insurance Portability: Know Insurance Portability Advantages & Charges

Anisha Gupta has had a health insurance policy for the last five years. Lately, as the new health plans are being launched, she is drawn to those. She is worried she’ll lose credits on the waiting period and no-claim bonus… Continue Reading →

Health Insurance
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Why health insurers do not pay you the full claims amount

Posted on January 17, 2022 by Admin
Health Insurance Claim: Why health insurers do not pay you full claims amount

Vikas Kumar got hospitalised due to a severe health emergency. He was assured his health cover of Rs 10 lakh will take care of his hospitalisation expenses. To his surprise, when the claims got approved, he still had to pay… Continue Reading →

Health Insurance
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What to do if the policy is sold with the wrong promise?

Posted on January 13, 2022 by Admin

After receiving the policy document, it’s always recommended to read the policy document since you have entered a long-term commitment with your insurance company. While your insurance company has agreed to protect you from the risk for which you have… Continue Reading →

Health Insurance, Insurance Misselling, Life Insurance
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Insurers can’t repudiate claims by citing existing medical conditions: SC India

Posted on January 10, 2022 by Admin

“Insurers can’t repudiate claims by citing existing medical conditions: SC” The Supreme Court has ruled that once a policy has been granted, an insurer cannot reject a claim by using an existing medical condition that was declared by the insured… Continue Reading →

Health Insurance, Insurance Misselling, Life Insurance
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Do You really understand Pension or Annuity Products?

Posted on January 3, 2022 by Admin

    Ashok ji was retiring as General Manager with a private company. He was quite satisfied with his life planning. In 2005, he had invested in a pension plan of an Insurance company. He was saving Rs 2 lakh… Continue Reading →

Life Insurance
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Read how a tele caller is luring the common man in Insurance misselling

Posted on December 20, 2021 by Admin

Misselling in name of commission in the old policy There is a new way in which the tele caller is luring the common man in Insurance misselling Everyone is experiencing this interesting call!! Let’s understand Caller 1: Sir, I am… Continue Reading →

Uncategorized
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What is Mortgage Redemption insurance in Hindi?

Posted on December 18, 2021 by Admin

Transcription of the above video: What is Mortgage Redemption insurance in Hindi? Hello, Shailesh from Insurance Samadhan. Today I will be writing about Home Loan Insurance. I have encountered a lot of customers who complain about having applied for Rs… Continue Reading →

Uncategorized

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