A guide for policyholders on how to avoid claim rejection

Facing a term insurance claim rejection can be distressing, particularly when the policyholder is the primary financial provider for the family. Although the policyholder might not be present to address a denied claim, it’s vital to understand and avoid common pitfalls that can lead to term insurance claim rejections.

While sharing his thoughts, Satishwar B., MD & CEO, said, " Fraud: Refers to insurance fraudsters who take out a life insurance policy for someone who is terminally ill, or in some cases impersonate persons who are already dead just so that they can avail of the life cover."