THE LITMUS TEST of any insurance policy is when it comes to getting your claim. With term insurance, it is important to be even more careful about ensuring the claim doesn't get rejected. It is pertinent to know the reasons behind rejection of term insurance claims to avoid financial challenges for the surviving family members.
Overlooking the policy declaration rule Customers often miss the important policy declaration rule that requires them to disclose any current policies to the insurer. Not disclosing pre-existing policies can lead to claim rejection.
Nature of your work While people from all professions and backgrounds can apply for term insurance, a few professions involve high-risk activities. Failing to disclose such vital information can cause claim rejection if the insurer believes it was intentionally withheld.
Denne historien er fra December 16, 2024-utgaven av Financial Express Kolkata.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Denne historien er fra December 16, 2024-utgaven av Financial Express Kolkata.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
'Had fun but it's time': Ashwin bows out of internationals with shock retirement call
RASHWIN STOOD in the corridor outside the press conference room after the third Test ended in a draw. Captain Rohit Sharma, walking just ahead of him, gestured to the waiting journalists. \"Sab pata chalega abhi (everything will be known now),\" he said with a laugh, perhaps in reference to the buzz in the press box and on social media about the possible retirement of a \"big player\".
US announces H-1B visa overhaul, Indian techies to benefit
TO TAKE EFFECT IN MID-JANUARY
Navy boat hits ferry off Mumbai coast, 13 dead
A PRIVATE FERRY, carrying more than 110 passengers to Elephanta Island off Mumbai coast, capsized after a Navy speedboat crashed into it on Wednesday. At least 13 people were killed in the incident, officials said, adding that the rest have been rescued.
Free healthcare for senior citizens: Kejriwal
AHEAD OF DELHI Assembly elections next year, AAP national convener and former CM Arvind Kejriwal announced that all citizens of Delhi aged above 60 will get free medical care in government and private hospitals if his party returns to power. The scheme, called Sanjeevani, will not have an income cap for eligibility, he said.
Trump threatens to impose reciprocal tariffs on India
HE MADE THE remarks while responding to a question on a potential trade agreement with China.
Opposition seeks Shah's resignation
● PM defends HM; slams Cong & its 'rotten ecosystem'
Enhancing customer journey in the cloud
GARY MILLER, EVP & CUSTOMER SUCCESS OFFICER, ORACLE
Moving beyond conventional tech
AI offers a wide range of benefits for SMEs
Drones deliver new hope to farmers
● Aerial tech enhances farming efficiency, can tackle workforce woes
Walmart has a tough battle ahead in India
E-COMMERCE IN INDIA is a political and regulatory minefield.
