Know how a Telecaller do Insurance Fraud through Calling It was in afternoon when Ashok received a Phone call. Caller Pooja: “Ashok Sir , would you be interested in an interest free loan of Rs 5 lakh .” Ashok: “Why… Continue Reading
Let’s Know how to File Claim in Multiple Health Policies Most working individuals are covered by their organisation and may also have their personal health insurance Also, at time, your spouse company may also have provided you with the health insurance… Continue Reading
As the hospitals are filing up and the number of cases growing each day, the government is making provisions to provide temporary hospitals by covering large spaces available to offer treatment to the patients. This is a new situation for… Continue Reading
It’s a pandemic situation and hospitals are working to their full capacity all over the world. The number of health claims are rising every day. While the insurance regulator (IRDAI) has asked insurers to expedite claims settlement for COVID-19 claims, there have… Continue Reading
Ashok had 5 insurances which he had taken for the financial security of his family. Ashok shifted his job from Mumbai to Delhi and all documents were kept at different places. One day, Ashok died and his family had to move every… Continue Reading
The loss of a loved one causes unimaginable pain, and in these times of distress and grief, accurately applying for a life insurance policy claim might be a tough process to go through. But it is imperative to do so, as these… Continue Reading
IRDA has made very strict guidelines on Distance Marketing selling. But this channel seems to be having more problems than solution. Ashok was looking for a loan of Rs 10 lakh. He was offered a loan on 4% interest but… Continue Reading
All life Insurance contracts are governed by section 45 of Insurance Act – meaning indisputability of Insurance Contract after 2 years of policy commencement or policy reinstatement. What Does Mean of Section 45 in Insurance to General Public A: Death… Continue Reading
Term Life Insurance is the best protection one can offer against untimely death. We all have basic monthly home expenses which includes the Kitchen expenses, loan’s EMI, rent and any other miscellaneous expenses. In the absence of the bread earner the family… Continue Reading
Traditionally Insurance has been sold by agents and almost 90% business was done by Individual agents. Agents were preferred because they were working in their natural market hence there was less chances of mis-selling and fraud. However, agency was not… Continue Reading