Key Features of Health Insurance Policy

-

Get full information about the features of Health insurance offered by best insurance companies in India at one place.

Comments

Post a Comment

Popular posts from this blog

Top #6 Advantages Of Investing Through Mutual Funds

-
Investing in mutual funds is one of the smartest and easiest means of investment for any type of investor- a beginner or a seasoned investor. Without much ado, let’s have a look at the top 6 advantages of investing through mutual funds. Professional Expertise:  One of the primary reasons why an investor would prefer investing through mutual funds is because they are professionally managed. Just like shareholders of a company have money but lack the requisite skills to run a company, and thus hire a CEO to operate the business. Similarly, investing require skills to understand the market dynamics, various industries and the organizations falling under a certain category of industry. A mutual fund provides one with professional fund managers with industry certifications which provides them with an extra edge in the investment market. Diversification:  Just like an old proverb “Do not put all your eggs in one basket”, mutual funds work by investing in hundreds of securities ...
Read more

Important do's and don'ts for policy holders

-
Important do's and don'ts for policyholders Do's ¢ Pay premium by cheque/DD/pay orders/Online payment modes ¢ Insist for receipt of premium paid ¢ Fill up the proposal form yourself and give complete & factual information, false or misleading information may lead to dispute at the time of claim ¢ Disclose all material facts viz. any disease suffered in the past, details of claims taken on the expiring policy, ¢ On receipt, verify policy details. In case of any discrepancy, report immediately to avoid any inconvenience ¢ Provide updated address and contact no for correspondence ¢ Buy policies from Licensed IRDA agents & brokers ¢ Please report if the policy is not received within 15 days after payment of premium.  Don'ts ¢ Don't pay cash to any unauthorized person. ¢ Don't sign a blank proposal form. ¢ Don't provide false or misleading information. ¢ Don't leave any portion of the proposal form blank or unan...
Read more

What to watch out for while choosing car insurance?

-
Image
•  Claim settlement policy  – The true test of an insurance company is at the time of an actual insurance claim. This is possible to check by looking at the company’s past records of claim resolution. Now is the time to check if the existing insurance can be transferred to another insurance company without loss of benefits already paid for. •  Coverage  – What is the right coverage for you? Usually,  car insurance policies  cover third-party liability and own damage. According to the Motor Vehicles Act, it is mandatory to opt for third party liability insurance cover while own damage is optional. Opting for both is the standard procedure since they cover any damage due to accidents and loss from third-party mishaps. Most insurance companies offer “add-ons” with the basic policy. •  Customer service  – Thanks to technology, insurance policies are now issued instantly. Besides this, other issues such as changes in policy or cancellatio...
Read more