Health Insurance was introduced in 1986 by Public Sector Insurance Companies in India in the name of Mediclaim Policy for reimbursement of Hospitalization Expenses. Currently the Health Insurance is opened to all Insurance Companies including standalone Health Insurance companies registered… Continue Reading
Recently Insurance Samadhan did a Facebook live session to clarify the doubts on Insurance Policies with respect to Covid 19 and locked down for 21 days. We could answer many questions and compiling the same for the general interest of public. However a brief… Continue Reading
Covid -19 or corona virus is spreading rapidly all over the world and India population is worried on repercussions of corona virus and its treatment. As on March 18, 2020 , number of cases reported in India are 148 with… Continue Reading
All Health Insurance Policy Holders face challenge when they need claim processing . If you have a good agent then it become their duty to guide for all support but in most cases the claimant has to go through the… Continue Reading
Have you been to bank to renew your FD and came out after signing an Insurance Proposal Form? You may be victim of Fraud by the Bank employee. Due to lack of understanding of Financial products many people fall trap… Continue Reading
Insurance Regulatory and Development Authority of India (IRDA) latest report suggests unclaimed insurance money is lying with all the 23 Insurance Companies which amounts for Rs.15,167 crore and has been growing by 25% annually over the past five years. Life… Continue Reading
You get a call from an Insurance Company telling you of a new scheme where you will be provided free Medical Insurance if you buy a Life Insurance Policy from them. What’s more you only pay the premium of your… Continue Reading
A free look period in Insurance policy is a 15 days’ time allocated to the insured where he enjoys full coverage and can review the policy details, clarify its terms and conditions, and in case finds that the product does… Continue Reading
We have 17 Insurance Ombudsman in India at different Locations. The Ombudsman can be approached by the complainant or through their legal hires, nominees or assignee. You can file a complaint against your Insurance Company. This is an out of… Continue Reading
We were approached by Mr. Singh, who was a victim of mis-selling of an insurance policy by a broker with a guarantee to receive loan. On further investigation, we found that Mr Singh needed a loan of Rs 10 lacs. The fraudsters… Continue Reading