Monday, February 15, 2016

Health Insurance: Disclose all Facts to Reduce the Risk of Rejection


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Mukesh Kumar- Executive Director, HDFC ERGO

Having Health Insurance is not an option anymore – it is a necessity today due to the rising medical costs. Yet, adequate care is not taken while buying a Health Insurance – a product that is so critical.

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Friday, October 30, 2015

Lapsed Policy: What to Do?


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Narender Anand, Sr. VP & Product Head - GI, Bajaj Capital Ltd.

A life insurance policy lapses when the due premium has not been paid even within the grace period. A lapsed policy means that the benefit of insurance will not be available to protect the financial interest of the dependents in the event of the death of the insured.

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Monday, October 12, 2015

Zero Depreciation Car Insurance Cover


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Narender Anand, Sr. VP & Product Head - GI, Bajaj Capital Ltd.

Mr. Raj Verma got furious as he had to spend Rs 30,000 from his pocket towards repairing of the car. The comprehensive car insurance, which he bought last year, only reimbursed Rs 70,000 after factoring in depreciation.

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Monday, September 14, 2015

Motor Insurance: Ignore small claims for bigger benefits


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Kumar Pushpraj

Most often we find ourselves in dilemma while deciding to file a claim for our car or bike insurance. Accidents are worrisome but we have a sense of financial security due to the effective motor insurance, now suppose your car met with an accident and it was not a major one, should you be filling a claim? Well, insurance is based upon the concept of risk and simply put higher risk is bound to increase the premium.

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Tuesday, July 28, 2015

Insurance Grievances - What to do?


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Team Bajaj Capital

You carefully selected an insurance scheme, submitted a complete list of documents while purchasing policy, furnished every information with utmost truth, have been paying your premiums on time and now, you have got all the rights to reap benefits when in need.

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