The term insurance plan is a device by which we can ensure that our family members get financial protection in case something unexpected happens to us. Most term insurance plans are customized to fit a variety of situations and offer necessary solutions.… Continue Reading
The primary purpose of investing in life insurance is that it protects the livelihood of family members that depends on the existence of the policyholder. Insurance helps solve the problem of the family members having to fend for themselves by… Continue Reading
Is a standard health insurance policy enough? With the economic loss that Covid19 has brought to our country and the growing inflation rate of India, a standard health insurance plan is not enough for you and your family when times get bad.… Continue Reading
Property insurance in India protects us against various unforeseen events which could potentially cause damage and cost us a heavy amount that only insurance can save us from. It is important to understand the applicability of property insurance claims under different… Continue Reading
Insurance Company often wonder that why many public report mis-selling and fraud through tele calling. Questions are always asked on authenticity of such complaints. It looks unbelievable that common people can fall to such basic insurance fraud tele calling without using… Continue Reading
Know how a Telecaller do Insurance Fraud through Calling It was in afternoon when Ashok received a Phone call. Caller Pooja: “Ashok Sir , would you be interested in an interest free loan of Rs 5 lakh .” Ashok: “Why… Continue Reading
Ashok had 5 insurances which he had taken for the financial security of his family. Ashok shifted his job from Mumbai to Delhi and all documents were kept at different places. One day, Ashok died and his family had to move every… Continue Reading
IRDA has made very strict guidelines on Distance Marketing selling. But this channel seems to be having more problems than solution. Ashok was looking for a loan of Rs 10 lakh. He was offered a loan on 4% interest but… Continue Reading
All life Insurance contracts are governed by section 45 of Insurance Act – meaning indisputability of Insurance Contract after 2 years of policy commencement or policy reinstatement. What Does Mean of Section 45 in Insurance to General Public A: Death… Continue Reading
Traditionally Insurance has been sold by agents and almost 90% business was done by Individual agents. Agents were preferred because they were working in their natural market hence there was less chances of mis-selling and fraud. However, agency was not… Continue Reading