People End Up Paying Hefty Amounts as Premium for Life Insurance & Mediclaims for Financial Support During Unforeseen Incidents. However Research Says There Has Always Been an Underlying Fear of Failure of the Policy During Critical Hours. What if the Insurance Fails to Pay the Maturity Amount When Someone Needs It the Most.
At the time of medical emergency, the most common sight is that of people being declined their claims or health insurance not providing enough coverage to meet the requirements. Although it is convenient to curse the insurers, but on close assessment, we may find that the fault may be ours. If not with us, then the circumstances related to the whole process of buying health care insurance.
Below are some of the mistakes plan holders do and end up with failed policy:
1.THOROUGH KNOWLEDGE & PROPER RESEARCH ON THE POLICY
Insurance is still an evolving market and not many people are aware about the health plans’ existence, leave aside the various options available. There may be multiple such plans in market, so it is better to assess all of them & take a final call. Rather than going by peer pressure or insurance agents’ selling tactics causing a customer to make the wrong purchase, it is advisable to thoroughly study the policy details and start paying.
2.COMPLETE MEDICAL COVERAGE
Bu hikaye Mad About Money dergisinin July 2017 sayısından alınmıştır.
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Bu hikaye Mad About Money dergisinin July 2017 sayısından alınmıştır.
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