Insurance Frauds and Scams: How to Avoid It?
Insurance fraud is a widespread issue that can cause significant financial harm and distress. By understanding common scams and taking preventive measures, you can safeguard yourself. Here are some key tips and strategies to help you avoid becoming a victim of insurance fraud. 1. Request ID Proof from Insurance Agents The IRDAI mandates […]
What is Personal Accident Life Insurance?
Introduction Personal accident life insurance is a specialized insurance policy designed to provide financial protection and support in the event of an accident leading to injury, disability, or death. Unlike traditional life insurance policies that cover death due to any cause, personal accident life insurance specifically focuses on accidents and their aftermath. This type of […]