IRDAI has come up with multiple guidelines for checking the problem of mis-selling of life insurance plans in the sector. Several efforts have been taken by the regulator to lower such cases of mis-selling in the life insurance segment. 7… Continue Reading
The claim ratio data from IRDAI of top 10 insurance companies is definitely something worth knowing about since it will help you take a good decision before signing on the dotted line. After all, the claim ratio has to be… Continue Reading
There are quite a few things that you should always endeavour to ask your agent prior to purchasing a life insurance policy. These Insurance questions and their answers (whether satisfactory or not) will determine whether you ultimately end up buying… Continue Reading
The importance of health insurance is unparalleled to say the least. Health insurance cover is what keeps your savings secured and your mental peace intact in case you are unfortunately hospitalized and have to undergo treatment or if the same… Continue Reading
The mis-selling of insurance policies has only grown with the passage of time. IRDAI (Insurance Regulatory and Development Authority of India) has thus come out with specific regulations for checking this problem in recent years. IRDAI has been making efforts… Continue Reading
Buying insurance online is always a mixed bag for people; there are pros and cons to it although in recent times, the pros far outweigh the cons. Buying an insurance policy is no longer restricted to those days of consulting… Continue Reading
Before discussing the topic it is important to understand the definition of fraud pertaining to insurance. In a broader term, insurance fraud is an activity or the omission, with the intention to gain advantage through a dishonest or unlawful way… Continue Reading
The mis-selling of insurance products by banks is now increasingly on the rise and one of the reasons for them is the lack of understanding about the products in the bank employees themselves. In other cases, the consumer is deliberately… Continue Reading
Insurance is one of the important and interesting sectors in the world. It is there to secure you, yet it in some cases appears as though a gigantic misuse of assets in the event that you don’t wind up requiring… Continue Reading
We often come across case where senior citizens have been deceived into buying health insurance plans and it has clearly been a case of fraud. Getting insurance has never been easy, considering the prospective policy holder has to understand myriad… Continue Reading