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Solvency Ratio – Another way taken by IRDA to protect the interest of Policy Holders

Posted on September 25, 2020 by Shailesh Kumar
Solvency Ratio – Another way taken by IRDA to protect the interest of Policy Holders

In InsuranceSamadhan.com’s A-Z Blog series on Insurance topics, we try to provide all vital information related to the Insurance sector and demystify certain myths related to the sector. In today’s blog, we are sharing detailed information regarding – Solvency Ratio… Continue Reading →

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What is the process to report misselling of Life Insurance

Posted on September 25, 2020 by Shilpa Arora
What is the process to report misselling of Life Insurance

These days we come across many stories where the customers are sold insurance not on the basis of the need but with promises of extra bonus, getting money stuck in old policies, a gold coin, free health insurance and OPD… Continue Reading →

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Fire Insurance Definition, Types, Claim Process and Importance

Posted on September 25, 2020 by Virendra Suri
Fire Insurance Definition, Types, Claim Process and Importance

The Important function of an insurance organisation is settlement of claims promptly and fairly. Similarly, on the outbreak of fire, the insured must take such steps as are reasonable to extinguish the fire or to prevent it from spreading. What… Continue Reading →

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Reinsurance Definition, Types, Benefits and How it works

Posted on September 25, 2020 by Shailesh Kumar
Reinsurance Definition, Types, Benefits and How it works

In our last two blogs, we have been covering protection of Policy Holder’ interest. We have covered all IRDA provisions for protection and why policy holders should feel safe. But still one area worries every one that is what will… Continue Reading →

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Crop Insurance: Pradhan Mantri Fasal Bima Yojana (PMFBY) Details & Benefits

Posted on September 24, 2020 by Virendra Suri
Crop Insurance: Pradhan Mantri Fasal Bima Yojana (PMFBY) Details & Benefits

Agriculture in India are frequently affected by natural calamities such as droughts, floods, cyclones, storms, landslides and earthquakes. These severely affect farmers through loss in production and farm income, and they are beyond the control of the farmers. Crop (Agriculture)… Continue Reading →

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Insurance Proposal Form: Know about Proposal Form Importance, Purpose and Elements in Insurance Policies

Posted on September 24, 2020 by Shilpa Arora
Insurance Proposal Form: Know about Proposal Form Importance, Purpose and Elements in Insurance Policies

Proposal form is the basis of the Insurance contact between the Insurer and the insured. The details filled in the insurance proposal form is critical for the company to accept or reject the policy. When anyone applies for an insurance… Continue Reading →

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IRDA Regulations 2020: Protection of Policyholders interest by IRDA

Posted on September 24, 2020 by Shailesh Kumar
IRDA Regulations 2020: Protection of Policyholders interest by IRDA

In InsuranceSamadhan.com’s A-Z Blog series on Insurance topics, we try to provide all vital information related to the Insurance sector and demystify certain myths related to the sector. In today’s blog, we are sharing detailed information regarding – Protection of… Continue Reading →

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Insurance Ombudsman: How you can Register Complaint to Ombudsman

Posted on September 24, 2020 by Shailesh Kumar
Insurance Ombudsman: How you can Register Complaint to Ombudsman

Ashok had a problem with his Life Insurance as multiple policies were sold to him whereas he asked for one policy only. After along correspondence with Insurer, they refused to comply and sent a refusal letter. Within 30 days, Ashok… Continue Reading →

Insurance Ombudsman
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Importance of Beneficiary Nominee in a Life Insurance Policy

Posted on September 24, 2020 by Shailesh Kumar
Know the complete process to choose a nominee in a life insurance policy

In InsuranceSamadhan.com’s A-Z Blog series on Insurance topics, we try to provide all vital information related to the Insurance sector and demystify certain myths related to the sector. In today’s blog, we are sharing detailed information regarding – Nomination –… Continue Reading →

Life Insurance
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Health and Life Insurance online sales spurts in India due to Covid-19 Pandemic

Posted on September 24, 2020 by Shilpa Arora
Health and Life Insurance online sales spurts in India due to Covid-19 Pandemic

Lockdown by the government to protect its citizen and prepare to handle the crisis has resulted in people staying home for a long period. During these fearful times, while people made losses in their businesses, took salary cuts or lost… Continue Reading →

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