Key Insurance Sector Insights and What They Mean for You

#1 No Motor Insurance Claim Rejection for Lack of Documents

#2 Insurer Obligation for Claim Settlement Within 7 Days

#3 Porting Option Without Losing Benefits

#4 Cancellation of Policy on Fraud Grounds with Minimum Notice

#5 Health Insurance Plans Covering All Age Groups

#6 Reduced Waiting Period for Pre-existing Diseases

#7 Reduced Moratorium Period

#8 Nomination Requirement for Life Insurance

#9 Mandatory KYC Requirement

#10 Claim Rejection Prevention

#11 Inclusion of Telemedicine

#12 Interest on Delayed Claim Settlements

Conclusion

Coming Up Next

Understanding and Managing Financial Risk