1. It's a myth that insurance agents, for life or health, play any role in safeguarding you, through fruitful settlement of any claims, for which you have primarily taken policies.
2. For settlements, it's only you who matters for an insurer, and not your agent or how premiums were paid.
3. Youth on the go, therefore, need to make correct choices, as online flexibility would work out better for both life and health policies.
4. As dependency and old age expenses would always have to be taken care of, locking into an online term insurance plan and a health plan, of suitable cover at lower premiums, and with longest tenures, when you're healthy, should top your list.
5. Opting for direct online facility of insurer will save you from onus of giving premium payment cheques to your agent each time.
6. You'll also be able to track your premiums, and have policy details before you every time.
7. Savings is also significant when buying insurance online, directly from insurers.
8. Always prefer buying policies online, as it's in your interest (not agent’s) to ensure that you fill every detail in application form yourself only, without any margin of error, instead of coming to know of these errors only when calamity strikes.
9. Also, you must declare everything and answer every question honestly to the medical examiner, even pointing out anything that is missing, and ensure it is noted, as it could be a reason for claim rejection later.
10. Don’t avoid medical tests as it shifts onus on insurer, and rules out chances of claim being denied on account of pre-existing diseases (PED).
11. Even courts have ruled that since insurer had subjected policy holder to medical tests and then fixed premium, claims can't be denied.
12. Cross-check policy documents and notify insurers immediately if there is any inaccuracy.
Happy insuring online!
2. For settlements, it's only you who matters for an insurer, and not your agent or how premiums were paid.
3. Youth on the go, therefore, need to make correct choices, as online flexibility would work out better for both life and health policies.
4. As dependency and old age expenses would always have to be taken care of, locking into an online term insurance plan and a health plan, of suitable cover at lower premiums, and with longest tenures, when you're healthy, should top your list.
5. Opting for direct online facility of insurer will save you from onus of giving premium payment cheques to your agent each time.
6. You'll also be able to track your premiums, and have policy details before you every time.
7. Savings is also significant when buying insurance online, directly from insurers.
8. Always prefer buying policies online, as it's in your interest (not agent’s) to ensure that you fill every detail in application form yourself only, without any margin of error, instead of coming to know of these errors only when calamity strikes.
9. Also, you must declare everything and answer every question honestly to the medical examiner, even pointing out anything that is missing, and ensure it is noted, as it could be a reason for claim rejection later.
10. Don’t avoid medical tests as it shifts onus on insurer, and rules out chances of claim being denied on account of pre-existing diseases (PED).
11. Even courts have ruled that since insurer had subjected policy holder to medical tests and then fixed premium, claims can't be denied.
12. Cross-check policy documents and notify insurers immediately if there is any inaccuracy.
Happy insuring online!