Insurance Samadhan

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Does Nomination Guarantee Asset Inheritance?

Posted on January 24, 2019 by Shailesh Kumar
Can nominee get a guaranteed asset inheritance

There has been the prevalence of an age long question and confusion regarding insurance policies – Does nomination suffice to guarantee that the nominee will get the assets of the insurance holder in the event of his or her death?… Continue Reading →

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Amendments in Insurance Policies Benefit Nominees

Posted on January 22, 2019 by Shailesh Kumar
Benefits of new amendments in the insurance act

Insurance policy is a boon to the people left behind in the unfortunate event of someone’s death. It is a good financial product that works as a means to alleviate a lion’s share of the economic troubles that might befall… Continue Reading →

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Specialized Health Coverage for Diseases Which are Vector-Borne

Posted on January 16, 2019 by Shailesh Kumar
health insurance coverage for vector-borne diseases

The country is witnessing a rising number of ailments that are primarily being spread through mosquitoes and this is definitely causing alarm. Now, Bajaj Allianz General Insurance has come out with specialized health coverage for vector-borne diseases. The specific diseases… Continue Reading →

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Are Insurance Companies and IRDAI Doing Anything to Curb Fraudulent life Insurance Selling?

Posted on January 14, 2019 by Shailesh Kumar
Know about fraudulent Life Insurance Selling?

Fraudulent selling of life insurance is a major issue these days and fraudsters are adopting business-like approaches towards taking advantage of vulnerable customers. These intermediaries have not been fined or their licenses have not been taken away as well. There… Continue Reading →

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Things to Do After Your Insurance Claim is Rejected

Posted on January 11, 2019 by Shailesh Kumar
What to do after your Insurance claim has been denied

Insurance is bought to enjoy a secure future, but sometimes due to some unknown reasons, the claim can get rejected, in that case, there are several ways to solve the problem. Reasons for the rejection of your insurance claim:- There… Continue Reading →

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Claims Which are Genuine cannot be Rejected on Grounds of Delays

Posted on January 9, 2019 by Shailesh Kumar
Valid claims cannot be rejected on grounds of delays

The Supreme Court’s new ruling has declared that insurance companies will no longer be able to reject claims made by customers only on the basis of delayed filing. This is a welcome development for customers, especially those who have car… Continue Reading →

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Reasons Behind Rejections of Insurance Claims

Posted on January 7, 2019 by Shailesh Kumar
Reasons for denial of a claim by the insurance company

Many of us purchase insurance with the expectation that claims will be paid out and feel really bad whenever this does not take place in the manner we expected. In an ideal scenario, insurance companies would neatly delineate all the… Continue Reading →

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Steer Clear of Insurance Frauds Which Are Designed to Seem Authentic

Posted on January 4, 2019 by Shailesh Kumar
Beware of the insurance frauds that seems to be authentic

Most insurance policy holders get trapped easily with letters which have logos and signatures that seem authentic and official as per reports. In case you get a letter straight from the Union Finance Ministry which directs you to pay taxes in order… Continue Reading →

Mis-selling, Uncategorized insurance fraud
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Mis-Selling Makes up the Biggest Chunk of life Insurance Related Complaints

Posted on January 2, 2019 by Shailesh Kumar
Mis-Selling Makes up the Biggest Chunk of life Insurance - Inusrance Samadhan

A majority of complaints received in the life insurance category by the insurance ombudsman pertain to mis-selling of insurance policies via several intermediaries. However, in the non-life insurance segment, a majority of complaints pertain to rejection of health insurance claims on pre-existing… Continue Reading →

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How to Avoid Being Taken for a Ride While Purchasing Insurance

Posted on December 31, 2018 by Shailesh Kumar
What are the things required to avoid while purchasing insurance

Suppose someone you perceive as very close to you suddenly breaks your trust? This betrayal is something horrid and to even think of it is hugely upsetting. It is even worse in case such a betrayal leads to you incurring… Continue Reading →

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