Insurance 5 things to know when your Insurance Agent is unable to help you enough The concept of insurance brokers or agents has been introduced in India by the IRDAI through the Insurance Brokers Regulation 2002 that was again amended in 2013. Certain functions and code of conduct
Insurance Insurance Lessons to be learnt from Bollywood movie Oh My God Yes, it is true that one can learn a lot from movies and the movie OMG: Oh my God was a very good Bollywood that really drove the message why getting an insurance
Insurance Top reasons why unclaimed insurance money is piling up The amount of unclaimed insurance money is only increasing day by day there are few facts with state that rupees 15167 crores is unclaimed as of March 2018. In most cases, you will
Insurance Claim Rejection How to ensure that you don’t get a rejection notice for your Insurance Claim Life insurance is meant to offer a financial safeguard for your loved ones in case of your unfortunate demise or any mishap in the unforeseen future. However, you should know that in case
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 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
Buying Insurance What are the 10 things I should ask my insurance agent before buying a life insurance policy? Before buying a Insurance policy, make sure you know all small coverage secrets regarding your plan. Here are the top 10 life insurance questions you must ask your insurance agent while buying a Life Insurance Policy.
Health Insurance Why is Health Insurance really important? 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
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 policy is no longer
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 themselves.
Finance What are the various types of Insurances one should definitely buy? Insurance is one of important and interesting sector 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
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 6 Common Reasons for Term Insurance claim rejection 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
