Published in Mint on July 26 2016, Written by Abhishek Bondia Can a dent on the car be reason enough for not giving it insurance coverage? My car’s insurance is due for renewal and they are asking me to fix the dent on my own. —Rakesh Sundria Underwriting practices vary across insurers. However, it is […]
Articles Tagged: online term insurance
Term covers pay death benefit even if you are outside India
Published in Mint, September 10, 2013, Written by Kapil Mehta I am 35 years old and run my own company. I am out of the country for at least five months in a year. What kind of cover is advisable for me? Also, if any mishap occurs, will the cover support me when I am […]
Sum assured of term plan can’t be increased during renewal
Published in Mint on December 18th, 2013. Written by Kapil Mehta. You cannot increase the sum assured during renewal but can always buy an additional or new plan I want to buy a Rs.1 crore term plan. How should I go about it? Also, can I increase the sum assured at the time of renewal? […]
Death claim can be made on more than one insurance policy
Published in mint on Apr 08 2014, written by Kapil Mehta My policy, for which I have paid premium for five years, has lapsed as I did not pay the premium last year. Can I revive it? —Gayatri Ramanath Reinstatement rules depend upon the insurer and type of insurance, i.e. whether it is unit-link or traditional. […]
Customer Orientation Needed
Increasing coverage and higher acceptability among masses, insurance is still not a fully understood financial product resulting in over or under insurance, improper product selection and poor penetration. Further, mis-selling by agents is still rampant despite companies taking steps to stop such practice. To get the status of the industry in changing business environment, Rahul Trivedi, Senior Reporter, Money Mantra, […]