Tag - Insurance Coverage

6 Things do not cover by your Health Insurance Policy

6 Things do not cover by your Health Insurance Policy

When we buy Health Insurance, sometimes it becomes difficult for us to understand the complex terms and conditions of the policy. Despite increasing awareness about sub-limits, pre-existing diseases, and other exclusions, the policies claim denial or reduced payouts continue to shock. To ensure uniformity, the IRDAI (Insurance Regulatory and Development Authority of India) has set up a committee to suggest measures to standardize exclusions. In 2012, the regulator listed 199 items, indicating their admissibility or otherwise. The recent move [...]

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10 reasons that can reject your life insurance claim

10 reasons that can reject your life insurance claim

Life insurance is the best way to secure your loved ones financially in case of an emergency or uncertainties. But sometimes common mistakes on your part can lead to rejection of your insurance claim. It is good that you choose insurance plans that benefit in the time of need. But it is equally important to know what instances can leave space for the rejection of the insurance claim. Therefore, before selecting the Insurance policy, you should go through these [...]

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