General FAQ's
LIFE INSURANCE, GENERAL INSURANCE AND HEALTH INSURANCE
Life Insurance Corporation of India (LIC), ICICI Prudential, United India, Religare Health Insurance and Star Health Insurance, ICICI Lombard
Long Term Assistance,Multiple Partner Companies,Rewards & Benefits
In automobile insurance, it gives reward to the policyholder for not making a claim for the insurance
It provides financial protection to your family in the form of life cover/sum assured which is paid to the nominee in case of death of the person insured during the term of the policy.
The person which you nominate who will receive the benefits of the life cover
It covers all the bills from consultation to treatment cost incurred when you get to the hospital.
The hospital bill settlement is done directly through the insurance company
To increase/ decrease your life insurance cover, you have to fill the form under the Change in Sum assured section. After filling the form you submit the form to the nearest branch or send it through courier.
It’s a health insurance plan which provides coverage to the entire family rather than just an individual.
Firstly the policyholder loses out on all the benefits of the plan. Secondly the policy cannot be withdrawn after discontinuance.
You can apply for a loan on your endowment policy after completion of the lock-in period.
Tax deduction on premium paid under Section 80C of the Income Tax Act, 1961, allows exemption up to Rs. 1.5 lakh per annum.
You can always login with your policy ID on the website and check on the progress
To change the premium payment frequency of your policy you need to submit the following documents:
After filling the form you can submit the form in the nearest branch or courier it the address
It can be paid through any of the below option
The claim amount will receive through cheque or electronic clearance system
Yes, Star Novel Coronavirus Insurance Policy and ICICI Lombard Covid-19 Protection Cover provides policies specifically for Covid-19.
ICICI Lombard Covid-19 Protection Cover provides Rs 25,000 of sum assured at just Rs 149.
IRDAI clarifies to the public that.
➤ IRDAI or its officials do not involve in activities like sale of any kind of insurance or financial products nor invest premiums.
➤ IRDAI does not announce any bonus. Public receiving such phone calls are requested to lodge a police complaint along with details of phone call, number.
