Making insurance claims for natural calamities is a an ardous task which needs a lot of doumenatry proof and is a long-drawn process
Insurers are required to incentivise insured people who achieve the wellness criteria and are eligible for reward points
Personal accident insurance is a must option for people with a frequent traveling job profile, be it any mode of transportation to ensure safety
Health insurance usually covers pre and post-hospitalization expenses, room rent, ambulance facility, doctors' fees and medical expenses.
This rule also applies in cases wherein an uninsured vehicle involved in an accident is replaced by an insured vehicle to claim compensation
Life insurance claims are increasingly being accepted online by insurers. This includes diigtal mediums like emails and WhatsApp.
In case of multiple covers or even individual policies, it's better to go for cashless facility. Pick an insurer with wide scope of network hospitals
The Supreme Court has observed that lack of valid registration is a fundamental breach of the terms and conditions of the contract of insurance
Most salaried individuals have multiple policies – a personal policy and a group policy.
Life insurers need to settle claims within 30 days of receiving all documents. Read for details.