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How to Resolve Insurance Disputes through Ombudsman?

Disgruntled customers can bring down institutions, brands and products. Organizations therefore take utmost care in laying out detailed guidelines for “grievance redressal”. Arbitrators or ombudsmen are appointed for looking into contentious issues which cannot be resolved at the lower level. They act as a referee and try to reconcile the misgivings which the customer may … Continue reading How to Resolve Insurance Disputes through Ombudsman?

All you need to know about Exclusions in Your Health Insurance Policy?

Claim rejection is the most disappointing subject in a policy holder’s life. The customer starts loosing trust in the company and feels betrayed. They feel the company gives unrealistic reasons for rejecting their claims. An insurance claim rejection results in a huge loss to customer, financially, because now they have to pay the medical expenses … Continue reading All you need to know about Exclusions in Your Health Insurance Policy?

Setting aside the ‘bad insurance policy’ is a good investment policy

What is a Bad Insurance Policy? Did your last insurance policy documents can be devastating at times for some policyholders, but recourse to such problems is now available. Insurance policies are long term commitments. They require due diligence in the form of timely annual premium payment. If it so happens that after having taken the … Continue reading Setting aside the ‘bad insurance policy’ is a good investment policy

The most important points to consider before selecting the right health insurance

Life’s uncertainties can disturb the rhythm and throw us off our balance. While we can’t predict the future, Health insurance covers the risk against sudden expenditure towards unseen medical expenditure. With surging medical costs and unhealthy lifestyles, a right health insurance policy is a boon. How to choose the right health insurance plan? With many … Continue reading The most important points to consider before selecting the right health insurance