Should you buy insurance from a corporate agent? Yes, you can buy but you must check that it is not one of the 4261 corporate agents whose licence has been cancelled by IRDA, the regulator. The following news item is an eye opener for those who have to buy the insurance.“The Insurance Regulatory and Development Authority (IRDA) has said that as many as 4,261 corporate agents, out of the total 7,000 in the country, are not authorized to sell policies from March 31, this year. The IRDA, which displayed the names of corporate agents that were...
Friday, 11 June 2010
Wednesday, 9 June 2010
Lodge your health insurance claim within 7 days Timeframe to Submit documents for filing Health Insurance claims reduced to 7 days from 30 days
Posted on 03:09 by Unknown
You must lodge your health insurance claim within 7 days Timeframe to Submit documents for filing Health Insurance claims reduced to 7 days from 30 days.You are familiar with the clause which permitted you or expected from you that your health insurance claim should be lodged within 30 days. No one noticed that this clause has been amended to 7 days because claims submitted up to 30 days were continuing to be paid. Now, in an abrupt move, we understand that insurance companies have suddenly decided to strictly implement the 7 day condition. They...
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