Insurance is a basic necessity in our lives today, be it health/medical insurance, life insurance, vehicle insurance and so on. However, in times of need, the rejection of any insurance claim can be a really traumatic affair and problematic for… Continue Reading
Health insurance is definitely a basic necessity for every individual. Rising medical and treatment costs are a major source of anxiety for most people in recent times, thereby making health insurance compulsory by all means. Health insurance claims help in… Continue Reading
While it is advisable that everyone should get a health insurance for themselves and their families, the needs would definitely vary from person to person, and likewise the cover amount. Those who are getting health insurance for the first time… Continue Reading
Any person gets insurance for the family or for himself or herself as a safeguard against tough times but there could be instances when one is not content with the performance of the insurer. If any customer feels that there… Continue Reading
Those who are customers can take recourse to the insurance ombudsman whenever their grievances are not taken care of by the insurance companies in spite of getting complaints escalated directly to the senior management. The orders passed by the insurance… Continue Reading
According to industry experts, Term Insurance is the best form of financial protection, but a survey in Indian cities has revealed that most Indians are either not aware of it, or refuse to buy the correct amount which will give… Continue Reading
A Life Insurance Policy is meant to secure the future of the family in the absence of the principal breadwinner but there are certain procedures that the family members have to go through so that they can claim the money… Continue Reading
A Life Insurance is a type of insurance that the person insured gets to protect the interest of the family in case of his sudden death. There are many types of Life Insurance policies available in India today and for… Continue Reading
There are still many who refuse to get a proper term insurance plan just because they are unaware of it, or they feel they have other investments which will be enough to secure the family even in the case of… Continue Reading
According to the annual report at the Insurance Regulatory and Development Authority of India or IRDAI covering 2017-18 or FY2018, customer grievances in life insurance increased by a sizable 28% (year-on-year). Additionally, total complaints increased to a considerable 1,54,367 in… Continue Reading