Health Insurance Genetic diseases mental illness cannot be excluded from health insurance coverage: IRDAI According to the insurance regulator, any kind of genetic disorders, even illnesses cause by menopause in women and mental illnesses are some of the health issues, which can be excluded from being covered
Claim Filing Term Insurance claim rejection reasons A term insurance policy can be one of the greatest financial support after you for your family. The emotional turmoil backed with financial crisis after the demise of the single earning member haunts
Health Insurance What is Co-pay in Health Insurance? A percentage of the claim amount, which is to be borne by the insured out of his/her pocket, as per the insurance policy, is termed as Co-pay. For health policy, it may
Getting Started When to buy a term insurance? Term insurance plans are one of the best investment instruments that can be beneficial if you want to guarantee financial soundness for your family after your death. Every insurance company offers a range
Claim Filing Does Life Insurance Policy cover Suicidal death in India? As going by the definition, Suicide is “intentional self inflicted harm causing death” or “killing self by one’s own hand”. About 8,000,00 people commit suicide every year around the world
Insurance Tax benefits of investing in Insurance When it comes to life insurance policies, one of the primary things that emerge to the forefront is the tax benefits that these policies offer, besides of course, the insurance coverage. It goes
Insurance Can I get a duplicate insurance copy online? It is quite understandable that one gets into panic mode in case his/her insurance policy documents are lost or misplaced. However, you can put your worries to rest by applying for a
Insurance Insurance claims may soon be disbursed via instalments Those who have health insurance plans with clearly defined benefits may have a choice in the near future to receive their claims either through a lump sum payout or instalments or even a
Accidental Death Here’s what to keep in mind when a death claim is being filed It is always hard to cope with the death of someone in the family. Life insurance is what makes sure that the family of the deceased does not have to face any financial
Claim Filing Top reasons behind insurance claims getting turned down and probable fixes 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
Claim Filing Can your health insurance claim really be turned down? 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
Health Insurance How much Health Insurance Cover do I need? 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
Complaints How to Lodge a Complaint Against Health Insurance Company? Any person gets an 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
Complaints Complaints can still be redressed when insurers do not take any action 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
Finance How to check if you have taken sufficient life insurance? 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
Claim Filing Get to know about Claim Process for Life Insurance policy 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
Getting Started Types of Life Insurance policies available in India and how to choose 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
Getting Started 5 Things One should know about Term Insurance Plans 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
Complaints Life insurance customer grievances go up by whopping 28% as per IRDAI 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
Insurance 5 checks while naming the nominee for your Life Insurance policy Naming the insurance of a life insurance is considered more or less an easy process if the nominee is related to the life insured in some way. Hence, there are no legal hurdles
Complaints Grievance Redressal norms unveiled by IRDAI for insurers The IRDAI (Insurance Regulatory and Development Authority of India) has officially released its regulations pertaining to grievance redressal and customer complaints in case of insurance companies in the country. Any complaint or grievance
Claim Filing Discover the right solution in case insurance claims are wrongfully rejected Each and every customer who has a grievance may not find it possible to keep fighting for his/her rights. The consumer forums can only redress grievances of those who are approaching them
Fake Calls Here’s how to know whether your insurance agent is cheating you or not! Is your insurance agent cheating you? This is one of the biggest anxieties that plague Indians in recent times. Insurance agents nowadays are making use of several traps in order to lure potential
Claim Filing Best practices to raise Medical Insurance claim Raising medical insurance claims is sometimes a difficult process for those who haven’t followed some basic steps in the first place. Here are some best practices worth following while raising medical insurance
Claim Filing How Can You Avoid Life Insurance Claim Rejection? Many a times claims for life insurance policies can also get rejected that can cause your family great trouble in times of emotional crisis. Incidents of accidents and natural disasters have made people
