Lifeinsurehub Are you going to get insurance? Choose the right company like this Insurance is the safest way to protect you and your family, plus it also makes your financial problem comfortable in future.
Lifeinsurehub Are you going to get insurance? Choose the right company like this
Why insurance is important
Insurance is the safest way to protect you and your family, plus it also makes your financial problem comfortable in future. It is necessary to get insurance because if the accidental person dies, then the family members dependent on him do not have to go anywhere.
Life insurance gives you coverage of death, disability, retirement, major illness etc. If the holder dies within the insurance period, a certain amount is paid to his family.
Reduce unwanted losses
There are different types of insurance plans according to the need of the consumer. Due to facilities like keeping the family safe and financial benefits in future, a large number of people of India provide insurance. Whichever person is insured.
This provides the safest way to cover any kind of unwanted loss to your family. It not only gives protection cover to your family, but in many ways increases and protects your capital for the future.
How to choose the right company
At present, there is a glut of insurance companies in India, and in this crowd it has become very difficult to find the right company according to your need. The most important thing in this is how soon the claim process is settled.
Do an in-depth inquiry about the terms and conditions of any type of company that provides you insurance service, as well as to see how soon the company settles the claim process, insure it by looking at all the records.
Soon to be settled according to IRDA order
As per the order of the Insurance Regulatory and Development Authority, the insurance claim process of less than one year will have to be settled within 15 days and the annual insurance claim process within 90 days.
Non-annual insurance can be settled by filling the death certificate of the insured and a simple form. If the insured dies within three years of taking the policy, then that claim is called an annual claim.