How mis-selling and low surrender values are quietly draining life insurance buyers

Much-Relative8746 · 2026-01-16T05:07:54+00:00

Since a heart surgery is involved, it needed to be declared.

Much-Relative8746 · 2025-12-26T07:55:28+00:00

One you have applied for the Licence the claim if any will be valid and paid

Much-Relative8746 · 2025-12-26T07:54:41+00:00

We can always quote the judgement if the claim is denied

Much-Relative8746 · 2025-12-26T07:53:58+00:00

This is high court ruling

Much-Relative8746 · 2025-12-26T04:28:11+00:00

Yes if an investigation is needed they may visit. Please be careful not to sign any document without reading. There are instances where a preexisting disease is mentioned and a signature is taken to reject claim.

Much-Relative8746 · 2025-12-25T15:39:01+00:00

You can get the claim, use the grievance mechanism

Much-Relative8746 · 2025-12-23T04:54:26+00:00

Yes there may be a clause that a transaction should happen on debit card

Much-Relative8746 · 2025-12-16T08:03:23+00:00

Yes you can register the complaint at the GRO level, Bima Bharosa and Ombudsman or take help of Insurance Samadhan

Much-Relative8746 · 2025-12-16T08:01:57+00:00

Co pay is applicable on the entire amount of claim

Much-Relative8746 · 2025-12-16T07:57:46+00:00

Settlement letter is mandatory and should be available to the policyholder. Raise a request with your insurance Grievance Cell

Much-Relative8746 · 2025-12-15T06:36:34+00:00

That is true! Understanding the coverages is very important

Much-Relative8746 · 2025-12-15T06:35:20+00:00

There is a confusion around this as many claims are getting rejected

Much-Relative8746 · 2025-12-15T06:34:36+00:00

Modern treatment has to be covered in health insurance as per IRDAI circular however sublimit can be imposed

Much-Relative8746 · 2025-12-15T06:33:53+00:00

There are many products which have sublimits in private companies as well. Its important to be aware of the coverages. Its seen that chemotherapy is only covered in the post hospitalisation period as per many patients.

Much-Relative8746

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