Commented on lovepreets's review
Jan 27, 2021 06:48 PM
Hi,no doubt LIC is stand first in claim settlement,loan disbursement though there was some deficiency initially & benefits are less to some an extent.
Commented on sharmamanav786's review
Jan 23, 2021 01:41 PM
Hi, The damages stated in the review seems to be not intentional,but due to fog this has happened so it is come under owner damage due to nature problems. As per IRDA all insurers are required to treat all unintentional damages as accidents. Pl insist insurer to consider claim if no reply from insur...er or reply not satisfied,complain to the insurance ombudsman.Read More
Commented on sanj1088's review
Jan 19, 2021 07:04 PM
Hi,Pl file a complaint to insurance ombudsman against insurer for cancelling coverage, in your case they might have arranged for inspection of so costly phone.
Commented on moirangthemalbert's review
Jan 19, 2021 06:59 PM
Hi,This is very much true as far as loans & services concerned, I have given loan application with all documents against assignment of two policies in the morning in the last month,to my surprise loan amt. was credited to my bank account same day. where as previously lic may take 7 to days for disbu...rsal. Even for maturity claims policy holder get intimation well in time before due date to submit claim form with required enclosures so that amount will be credited on due date w/o any delay. In my opinion LIC is best one for every ones insurance though benefit is little less.Read More
Commented on navyugpublicmotad's review
Jan 19, 2021 06:40 PM
(Updated Jan 19, 2021 06:42 PM)
Hi,all health policies of all companies are excluded eye treatment except cataract & retinopathy. Pl. you may refer terms & conditions & terms of policy document,where in it may clearly stated any type of dental & eye treatment except cataract,retinopathy will not be allowed for claim. Even IRDA has... approved this exclusion.Read More
Commented on roysujoy8564's review
Jan 01, 2021 07:17 PM
PL submit a complaint to insurance ombudsman on basis of portability of your policy,if period of pre existing time is completed before porting your policy,insurer cannot deny the claim.
Commented on bhkp8str's review
Dec 25, 2020 07:23 PM
Hi, if premium is collected by insurer & assigned policy no they have to issue policy document or else to refund the premium collected by the insurer,you may insist insurer in this regard.
Commented on nirajecsez's review
Dec 05, 2020 07:14 PM
Hi,if after lock in period & provision is there for redemption as per Policy T&C,insurer has to accept redemption request & arrange for payment of redemption value within 15 days from the date of request, if no response from insurer & undue delay they are liable to pay interest for delayed period.
Commented on mullashanawaz06's review
Dec 05, 2020 07:08 PM
Hi,if you have received policy document & insurer refused to accept updation of address on basis of adhar,insurer cannot deny the same,however insurer can request or ask any other proof for updation,pl insist insurer for updation or ask them to refund the premium if free look period is available or ...insurer have to cancel the policy & refund the amount w/o any deduction ,you may go any other health policy.if no response from insurers you can raise the complaint to insurance ombudsman to retain policy with update as requested by insured or refund premium with interest & compensation for deficiency of service,mental harassment.Read More
Commented on gkarkashyap's review
Dec 02, 2020 06:08 PM
Hi,any oral assurances/offers/promises by agents/staff will not be valid. It is better not to renew.
Commented on namepallikrishna46's review
Dec 02, 2020 06:06 PM
Hi,if terms & conditions of policy issued says that waiting period of 2 years is applicable for all surgeries including emergency then no coverage is available,you may refer terms & conditions attached to policy document issued by post/courier/email etc. Normally emergency like accidents coverage is... available in all policies.Read More
Commented on viggyraju's review
Dec 02, 2020 06:00 PM
Hi,As per procedures followed if hospitals recommends inpatient treatment to avoid spread to others based on asymptomatic conditions,then only option is admission to hospital isolation & treatment based on covid19 test report with positive ones. If policy is renewed or issued policy in 2020 &if insu...red found with positive after 15 days from dt of issue of policy & hospitalized insurer has to accept claims as per IRDA guidelines since renewals & fresh ones are inclusiveof higher premiums. Only question is whether insured is symptomatic or asymptomatic to decide the claim. You may insist insurer to reconsider rejected claim on basis of covid19 test report.Read More
Commented on yoganandacr428's review
Dec 02, 2020 05:44 PM
Hi, In case of ped condition declared at the time of proposal,which will not be covered for 2/3/4 years & if treatment for kidney & for others &if hospital discharge & treatment charts indicates as ped before issue of policy that will also not covered at all & policy liable to be terminated for non ...disclosure. Further if your case is not ped one insurer cannot say that due to blood pressure treatment arises without any documentary proof. Bp is in no way cause for kidney treatment,but it may leads to heart,peralisis,brain strokes etc,if high bp is there patient survival is very difficult. Now if you are confident that there are no conditions of ped at the time of proposal,how insurer has issued the policy after medical check up & what prepolicy health condition says are all impartent ones & insist insurer to accept the claim or else approach insurance ombudsman for claim.Read More
Commented on ranveer_bisht's review
Oct 24, 2020 08:21 PM
Hi as far as govt insurance policies are concerned,claims will be restricted to small amounts if claim is higher amount they will also take their own time except LIc.
Commented on MHSuryanarayana's review
Oct 24, 2020 08:08 PM
Hi,on maturity of policy,insurer has to pay maturity value to insured, there is no need for to reinvest in another policy which will take at least 10 years to mature & there is no gaurente of
good returns, All oral promises & offers are not valid,only terms & conditions of policy will prevail. In ...case of non payment of maturity value insured may approach insurance ombudsman or consumer court as the case may be.Read More
Commented on brittobossom960's review
Oct 24, 2020 08:01 PM
Hi,There is a free look period of 15 days frm the dt of receipt of policy document by post/email/courier,during which insured/proposer can cancel the policy if policy is different or terms of policy/value of units differ,sometimes insurers may delay in issuing policy even if premium paid, mentioning... the reason that as on dt of policy NAV is on higher side. To avoid such things,proposers shd utilize free look period to cancel the policy &better to go for other suitable insurer.Read More
Commented on sandeepginoya14's review
Oct 07, 2020 05:04 PM
Hi,This is common in hdfc group,once i have purchased units under one of mutual fund,though proposal(manual) with all documents they have accepted the proposal form with deposit,when i have received statement of accounts investors name is show as my late father.If there is any wrong information from... proposers end,hdfc shd have rejected but in my case they never accept their own mistakes,they asked me to get affidavit on a stamped paper of Rs 300/- & notarized which will cost Rs 500/-for just investmnt of Rs 5000/-. In your case if it is mutual fund/life/health/term cover,there is a 15 days time frm the dt of receipt of policy document by post/courier/email etc to cancel (in free look period)Read More
Commented on varunawasthihr's review
Oct 06, 2020 06:49 PM
Hi,you shd not fall prey for payment of money if they are not ready to 2nd interview unless you pay money you shd have ignored at all.
Commented on mannyd1905's review
Oct 06, 2020 06:45 PM
(Updated Oct 06, 2020 06:46 PM)
Hi, Have you verified insurance document given after payment of 1st premium,where in details of insurance coverage,tenure of policy, premium per yr/half yr/quarter/monthly etc,benefits payable after maturity mentioned or ppt stops if it is not term cover policy. If premium is different from one ment...ioned in policy document you may insist for collect only premium as per policy document if the insurer refused you may approach insurance ombudsman for higher premium demanded.Read More
Commented on bgkreddy78's review
Oct 06, 2020 06:36 PM
Hi,If claim papers are in order &ok,insurer has to settle the claim within 15 to 30 days or reject the claim giving specific reason in writing or by email or by sms. If claim is rejected approach customer grievance cell,they have to look in to the matter & infmn their decision within 30 days,if not ...satisfied from their response only option is to approach cpa forum or insurance ombudsman. Unless & untill insured persons approach legal forums this will going on. Health insurance is like term cover & no maturity value,whenever hospitalization is required insurer has to pay hospital expenses to avoid financial risk. Premiums are being increased every year apart from increases at intervals if such is the case purpose of health insurance will not surve,then it will be of no use & only money will go to insurers.Read More
