Tag «Claims»

Survey reveals that three quarters of health insurance policyholders admit to omitting information on application forms and claims

  New Delhi, March 26, 2018:   Debunking the myths of purchase decisions and preferences of sharing data with insurance companies, a research survey from LexisNexis Risk Solutions sheds light on how consumers view health insurance. Nearly 7 in 10 respondents stated that they would be open to omitting/misreporting information, such as income, marital status, …

Finance Minister Directs Life Insurance Corporation (Lic) to Constitute a Special Team and to Open A Major Office in Dehradun to Settle Claims Relating to the Recent Natural Calamity in Uttarakhand on Utmost Priority

The Union Finance Minister, Shri P. Chidambaram asked the Life Insurance Corporation (LIC) to constitute a special team to settle claims of those affected by the recent natural calamity in Uttarakhand. He directed LIC to open a major camp office in Dehradun to settle the claims on centralized basis. He said that LIC should follow …