“Insurers can’t repudiate claims by citing existing medical conditions: SC” The Supreme Court has ruled that once a policy has been granted, an insurer cannot reject a claim by using an existing medical condition that was declared by the insured… Continue Reading
Raj Kumar retired from a private job. He received Rs 60 lakh from his Provident Fund and gratuity. He wanted to begin a fixed deposit to ensure a regular income of approx Rs 3 lakh per year. In the bank,… Continue Reading
Ashok ji was retiring as General Manager with a private company. He was quite satisfied with his life planning. In 2005, he had invested in a pension plan of an Insurance company. He was saving Rs 2 lakh per year… Continue Reading
In InsuranceSamadhan.com’s A-Z Blog series on Insurance topics, we try to provide all vital information related to the Insurance sector and demystify certain myths related to the sector. In today’s blog, we are sharing detailed information regarding – Nomination –… Continue Reading
Good, you have taken a right decision to but Life Insurance. You have been shown illustration and attractive figures with promises that you will receive sum assured plus accrued and loyalty bonus on maturity. This amount would help you in… Continue Reading