The NCDRC (National Consumer Disputes Redressal Commission) has pulled up insurance companies for keeping terms and conditions unclear in case of murder while directing the company in the instant case to stop this unfair trade practice in case of murder immediately. The Commission has stated that… Continue Reading
There is a 9-member board which has been entrusted with the supervision and administration of the Insurance coverage Ombudsman’s job. Out of these 9 people, 7 members are Insurance coverage corporation representatives. This indicates that a highly powerful role is… Continue Reading
You will be amazed to know that individuals who purchase health insurance are the worst off in our country, particularly if they have purchased their insurance plans from stand-alone private insurers. They face huge problems in getting payments from these… Continue Reading
According to IRDAI data, an amount of as much as Rs. 15,167 crore of policyholders is lying unclaimed with 23 life insurers. Insurers have already been instructed to take necessary steps so as to identify the policyholders or beneficiaries and… Continue Reading
We meet many Senior Citizen who have been sold Life Insurance and regret that they have bought Life Insurance which is not needed by them I often wonder why should they buy life insurance and tried to list the reasons:… Continue Reading
50-year old Anurag was plagued by worries pertaining to his retirement. Pandey, an insurance agent, was met by him for knowing about available retirement solutions. Pandey offered a presentation on the possible retirement plans with their benefits. Some of these… Continue Reading
Mis-selling by your banker is one scenario which can arise if you are not careful with your finances. Trusting your banker blindly is a strict no-no, particularly when it comes to your financial planning and investments. Actor Suchitra Krishnamoorthi’s story… Continue Reading
That occasion of a month when despite all expenses from your wife’s shopping to children’s school fees, you were able to save some spare money. Often with this spare money, you will knock the doors of banks to securely deposit… Continue Reading
Losing a loved one to the eternal power is the most dreaded dream and a wretched reality we often try to escape from. Grieving over your loss is like the ocean, it sometimes comes in calming waves and sometimes like… Continue Reading
Visit your banker and soon they would lure you to buy a scheme which works like a fixed deposit but offers better tax-free returns. You sign on the dotted lines without realizing that you are buying insurance where you have… Continue Reading