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Avoiding these errors If shopping for insurance coverage coverage | In case you are taking insurance coverage, hold these Eight issues in thoughts, in any other case there will likely be big losses – jj
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Avoiding these errors If shopping for insurance coverage coverage | In case you are taking insurance coverage, hold these Eight issues in thoughts, in any other case there will likely be big losses

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New Delhi: Insurance Everyone has got the need. Medical costs have increased so much that it is important to take health insurance. If you do not have this insurance then you can sell everything in hospital. Apart from this, they take term insurance for the economic security of themselves and the family. It is also a good way to invest. The government is trying to ensure that more and more people buy insurance and secure the future. Therefore, there is an income tax deduction for investing here. But, the agents selling it take advantage of the wrong and give false and misleading information to those who take the insurance. So before buying any insurance, know all the rules well.

LIC is the country's largest insurance company. He issues advisory from time to time to alert his clients. The responsibility of customers is to read it and avoid being victim of fraud. Keep these things in mind while taking insurance.

1. The checks payable for the premium to be paid should be only on the favors of Life Insurance Corporation of India. If someone asks you to issue a check with any other name, you can refuse it clearly. Also give the information to the LIC immediately.

2. Always check the status of your policy on the website of www.licindia.in. Keep getting information about the new policy to update the policy.

3. Do not sign unread on any document provided by the agent. Do not be hasty in any kind. If you need time to read the terms and condition or any document, speak straight. By doing this, you can avoid future problems.

4. Never disclose the original document's original document to anyone. LIC does not give any authority to any person that he collects the original paper of the policy from any policy holder.

5. Be wary of incoming offers on the phone. It is not necessary that if a person calls himself LIC agent, then he is actually a LIC agent. Before taking any kind of policy and paying it, make sure that he is an LIC agent.

6. Policy holders are not contacted on phone from LIC for bonus or outstanding installments. This type of call can be spam call.

7. Make LIC payments through NEFT, it is a safe way to pay and there is no scope for any kind of fraud.

8. LIC has appealed to all policy holders and others linked to LIC under their Anti Fraud policy if they get information about some kind of fraud, then they must be informed.

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