Mis-selling How can you zero in on mis-selling of life insurance? 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
Claim Settlement The Claim Ratio of the top 10 Insurance Companies The claim ratio of the 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
Buying Insurance What are the 10 things I should ask my insurance agent before buying a life insurance policy? There are quite a few things that you should always endeavour to ask your agent prior to purchasing a life insurance policy. These questions and their answers (whether satisfactory or not) will determine
Health Insurance Why is Health Insurance really important? The importance of health insurance is unparalleled to say the least. Health insurance is what keeps your savings secured and your mental peace intact in case you are unfortunately hospitalized and have to
Mis-selling How can you spot mis-selling of insurance? 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
Getting Started Pros and cons of buying insurance online 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 insurance is no longer restricted
Complaints How to report Insurance Fraud? 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
Complaints Mis selling of Insurance Products by Banks 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
Finance What are the various types of Insurances one should definitely buy? Considering there is a need to insure one’s life and that of one’s family for a safe and secure future, there are some insurance policies that one should definitely opt for
Claim Filing How Senior Citizens are being made victim of Insurance Mis selling 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
Complaints Health Insurance FAQs What is Health Insurance?It is a type of health insurance that covers all kinds of medical insurance and the insurance company will be obliged to give the policy holder an insurance cover
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
