Types of Riders What is a rider- A rider is an add-on cover to the basic insurance policy that adds additional coverage and benefits. Life insurance companies provide a variety of optional riders that you may purchase for an extra fee to meet your specific needs. The rider will pay the stated sum insured if […]

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Customize your life insurance policy with riders A life insurance policy is meant to provide income replacement for families that lose their breadwinner unexpectedly. There are several life insurance policies on the market, the majority of which provide substantial coverage and other benefits. A life insurance policy, isn’t always sufficient because it only pays out […]

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Introduction With the passing of years, the market has become competitive, as several insurers have begun to emerge in both the life and the non-life sector. It insecure customers and jeopardized their market reputation. Even as the government understood this, it first focused about safeguarding the interests of the consumer and therefore created an independent […]

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  When it comes to the substantial misrepresentation clause, which states that if you willingly hide information from your insurance company regarding your lifestyle or health habits, your claim may be refused, the significance of being honest with your insurance company cannot be overstated. This might include lying about having a dangerous profession, having a […]

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