10 reasons to reject your life insurance claim
Before you select your insurance policy, go through these 10 situations that can put your insurance claim in jeopardy.
- Jul 11, 2018,
- Updated Jul 13, 2018 6:46 PM IST
Life insurance is the best way to secure financial support for your loved ones in case of any unforeseen circumstances, but sometimes mistakes or ignorance on your part can lead to rejection of an insurance claim. While it's crucial that you choose an insurance plan that benefits in times of need, it is equally important that you know beforehand what instances can leave space for the rejection of insurance claim. Therefore, before you okay your insurance policy, go through these 10 situations that can put your insurance claim in jeopardy.
In case of a murder, if the insurance company finds out that the nominee is the accused, the insurance claim would be rejected or withheld until the charges are dropped or the nominee is acquitted.
Life insurance is the best way to secure financial support for your loved ones in case of any unforeseen circumstances, but sometimes mistakes or ignorance on your part can lead to rejection of an insurance claim. While it's crucial that you choose an insurance plan that benefits in times of need, it is equally important that you know beforehand what instances can leave space for the rejection of insurance claim. Therefore, before you okay your insurance policy, go through these 10 situations that can put your insurance claim in jeopardy.
In case of a murder, if the insurance company finds out that the nominee is the accused, the insurance claim would be rejected or withheld until the charges are dropped or the nominee is acquitted.