The only thing a person has in his mind while buying insurance is whether he will get a claim or not. Buying an insurance plan ensures you will be financially secure in times of distress. However, the actual percentage of… Continue Reading
The principle of insurable interest is one of the essential elements of insurance. It can be defined as the substantial emotional, financial, or pecuniary interest in the subject matter of the insurance contract. It means the party stands to gain… Continue Reading
The insurance ombudsman aims to resolve insurance-related grievances of unhappy and aggrieved policyholders. It resolves grievances outside of the courts in a cost-effective and efficient way. Customers of life, health, and general insurance can approach the insurance ombudsman as per… Continue Reading
Tata Sons chairman Cyrus Mistry was sitting in the back seat without a seat belt when he died in a tragic road accident. Mistry’s demise has raised serious concerns about road safety. Following the incident, Union Minister of Road Transport… Continue Reading
We know that our health plays a very important role when we apply for a life insurance policy. Similarly, there are some hobbies that could lead to higher premium charges or even denial of a policy. Reading, gardening or playing… Continue Reading
Naresh was diagnosed with diabetes in mid-2019. He had a health insurance policy since 2017. In 2020, Naresh was admitted to Hospital due to an episode of Covid. In the medical report, the attending doctor remarked, “a known case of… Continue Reading
Was your health insurance claim rejected? Was your claim genuine? If yes, then there is no need to get worried. You can ask your health insurer to reconsider it. How to reapply for a health insurance claim? Carefully read the… Continue Reading
Dengue is a very common viral infection which can be spread to humans through the bite of an infected mosquito. Fever, vomiting, rashes, eyes, joint and muscular pain are the common symptoms of Dengue. Most people recover from dengue fever… Continue Reading
Death is somethivng which is an unpredictable event. It is always better to get a life insurance so as to financially secure future of loved ones. In case an unfortunate event occurs, nominee need to apply for a claim. However,… Continue Reading