If you have health insurance, then you do not need to spend money during treatment, because insurance companies have tie-ups with different hospitals. This gives you the cashless facility to get your treatment done. That is, give information about your insurance to the hospital and get your treatment done. The insurance policy also covers the rent of the ambulance in bringing the patient to the hospital. A person, who has insurance, if he has not filed a claim in the previous year, gets some bonus points. There is also an option of health checkups in insurance policies. Many insurance companies also provide health checkups based on your previous NCB.

In the cashless claim, the customer does not need to pay any amount to the hospital for the treatment expenses. Some hospitals provide a cashless facility in the treatment of every disease by compromising with the insurance company. These are called network hospitals.

The third-party administrator acts as an intermediary between the insurer and the person taking the insurance. Its main job is to help in the claim and settlement process. The third-party administrator or TPA issues the card to the person taking the insurance. Only by showing this, a hospital can be treated with the help of the cashless facility.

In the cashless claim, the customer is not required to pay any amount to the hospital for the treatment expenses. Some hospitals provide a cashless facility in the treatment of every disease by compromising with the insurance company. These are called network hospitals.

The paperwork to port the health insurance policy to another insurance company should be started only when that policy is in operation. If your old policy has expired and you cannot port it to another company. If you want to port your health insurance policy, then you have to fill the proposal form and portability form of the new policy. In this form, you have to write the name and other details of the person who purchased the policy, the name of the policy to be purchased, the name of the old insurance company, and the name of the policy from whom it should be purchased.

1. Notice regarding renewal of health insurance / last year policy schedule.
2. If you want to claim NCB, a declaration for this, if you had made a claim, discharge summary, investigation and follow-up report,
3. copy of previous medical history, treatment, and report

Yes, you can cancel your health insurance policy and get a refund. You can write to the insurance company that you wish to cancel.

The Life insurance policy gives protection to the family from financial risk in case of no life. Suppose a person has bought a home by taking a home loan. His children are studying in private schools. The family is dependent on the person for all household expenses. If this person dies due to some illness or accident, then in case of his / her family not coming on the road, it is necessary to buy an insurance policy. In the event of his not taking insurance coverage, his dependent will get compensation from the insurance company, so that the time ahead of them can be easily spent.

Term insurance is a type of life insurance policy that provides coverage at a fixed payment rate for a limited period. If the insured dies during the policy term, the death benefit amount is payable to the nominee. It is intended to provide protection to the family in the event of uncertainty or death.

The life insurance policy gives protection to the family from financial risk in case of no life. Suppose a person has bought a home by taking a home loan. His children are studying in private schools. The family is dependent on the person for all household expenses.

The life insurance policy gives protection to the family from financial risk in case of no life.

Pension or retirement plans offer the dual benefit of investment and insurance cover. By investing a certain amount regularly towards your pension plan, you will accumulate a considerable sum in a phase-by-phase manner.

When it comes to the education of children, then no parent wants to compromise. They want to make the best investment for the education of children.

Group life insurance is offered by an employer or another large-scale entity, such as an association or labor organization, to its workers or members.

In case of life insurance, you get back some part of the amount paid as a premium when you surrender the policy before running it for the entire duration. Charges are deducted in it. This amount is called the surrender value.

Motor Insurance, also known as Vehicle Insurance, is purchased for cars, trucks, bikes, etc. It provides coverage against damage caused by artificial or natural disasters and vehicle theft etc. If you have a vehicle, you should know something about vehicle insurance.

Motor insurance has a wide range of coverage that comes for two-wheelers, cars, trucks and other vehicles. The main objective of motor insurance is to give full protection to your vehicle. According to the rules, it is mandatory to ensure every vehicle playing on the Indian road.

Insurance cover has to be taken separately to compensate for the loss for yourself and your vehicle. This is called a comprehensive insurance cover. Comprehensive insurance also provides compensation for loss of the vehicle due to accident and theft of the vehicle.

A motor policy is usually valid for a period of one year and has to be renewed before the due date. Pay the premium on time.

During the previous insurance policy, if you have not made any insurance claim, then the insurance company gives you a premium (insurance fee) of the next insurance policy. This is called No Claim Bonus.

In auto insurance, IDV or Insured Declared Value is the maximum price your vehicle can get if a vehicle is stolen or if the vehicle is completely destroyed in an accident. In general language, it can be called the price of the vehicle (current market price). The company insuring the vehicle pays compensation equal to the IDV for that vehicle.

Filing a motor insurance claim- Immediately inform the insurer about the incident, Register an FIR with the area police.

Details required for filing a claim-

1. Policy number
2. Engine and chassis number
3. Contact details
4. Details of the insured person
5. Details of the accident/theft (date, time, place, etc.)
6. Details of the motor vehicle (number, model, class, manufacture year, registration details, etc.)
7. Approximate loss figure
8. Description of the event (theft, accident, etc.)
9. Details of the other vehicle involved, in case of an accident
10. Declaration and contact details of witnesses
11. Claim/reference number

In case of an Accident

1. Duly filled and signed claim form
2. Tax receipt
3. Copy of the insurance policy
4. Copy the vehicle's registration certificate (RC)
5. License copy of the driver driving the vehicle at the time of the accident
6. Copy of the FIR/Police Panchanama registered
7. An estimate of the vehicle repair cost
8. Repair bills and payment receipts (original)
9. Vehicle inspection address details

In case of Theft

1. The original insurance policy document
2. Tax payment receipt
3. Registration book in original
4. Authenticated theft declaration from the RTO
5. Details of the previous insurance policies such as company, policy number, duration and time of insurance, etc.
6. Additional informative handles and accessories, including warranty cards, booklets, duplicate keys, etc.
7. FIR and final report of the police
8. Official intimation to the RTO about theft and discontinued use of the vehicle
9. Letter of Subrogation
10. Claim Discharge Voucher (produced with signature across a revenue stamp)
11. Form 28, 29, 30 and 35
12. Post submission of relevant documents, the insurer surveys the case and takes a decision. Filing a claim is simple provided one is aware of the all documentation needed.