Odisha Cyclone: How to ensure your property, car insurance claims aren’t rejected – Financial Express

Odisha Cyclone: How to ensure your property, car insurance claims aren’t rejected – Financial Express

The current deluge in Odisha has caused damage to hundreds and thousands of people along with their homes and vehicles. In such times, people turn to their insurers for financial help, especially those who have taken home and motor insurance policies. But most often, even after having an insurance policy, claims are rejected by insurers. This, however, is mostly because of the lack of awareness about what is and what is not included in a policy.

From time to time the government has also been taking measures to make people aware of these things and push insurance. The Insurance Regulatory and Development Authority of India (Irdai), in the aftermath of the Kerala floods, had provided guidelines and had asked insurance companies to simplify the claim-settlement procedures, to make it more convenient for policyholders.

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