The FinTech Hub
Source: Live Mint We are a 75-year-old couple holding a mediclaim policy of ₹4.5 lakh from a PSU insurer. The coverage has remained unchanged for the last 10 years and has been in continuation for the last 30 years without any claim. There has been no illness or disease. My wife has asthma problem due…
Source: Live Mint An insurance distributor has suggested that I pay the premium to them instead of the insurance company. They are offering attractive premiums. What measures can I take to ensure I am not cheated? – Name changed on request Under the law, insurance premiums can only be paid to insurers. It’s illegal for…
Source: Live Mint I hear many claims are rejected due to non-disclosure of pre-existing diseases. What if I insist on the insurance company doing my medical check-up? Do they accept such a request? —Name withheld on request When it comes to health insurance, non-disclosure of pre-existing diseases is a leading cause of claim rejections. Understandably,…
