News From Press 4 common reasons for rejection of your life insurance claim

4 common reasons for rejection of your life insurance claim

Source: Moneycontrol Aug 21, 2018

If you are looking to buy an insurance policy, do note that most errors happen at the time of filling the proposal form. In 2014, Suresh Rathore (name changed) from New Delhi trusted his insurance advisor to fill the proposal form. The advisor filled incorrect/incomplete information in the form and submitted the same to the insurance company. Rathore had purchased a Rs 1 crore term insurance policy to meet his family expenses in case of his sudden demise.

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