After eight-year moratorium all health insurance claims to be paid, says IRDAI Once you have paid premiums for a health insurance policy for eight years continuously, your insurer will have to pay all claims as per the policy limits from April 1, 2021 onwards. Insurance Regulatory and Development Authority of India (IRDAI) in its guidelines...
Transparent and efficient claims management is pivotal to the success of both huge and small companies working within the insurance industry. Customers often realize important of assistance of insurance professional whenever claim occurs. Claim realization is ultimate objective of an insurance policy. It hurts customer sentiments & financial stability if claim does not get settled...
Liability insurance is a policy type that extends considerable protection to businesses houses and individuals from the risk that they may be held legally or sued for some type of negligence, malpractice or injury or alike. Some of the majority used types are as follows. Commercial General Liability Insurance/Public Liability/Third Party Liability This insurance basically...