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Family health insurance plans are exciting schemes, for its numerous benefits available for family members. But 121Policy tells you what works and what doesn’t.
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Reasons for insurance claim rejection!
Insurance policies are meant to provide cover against unforeseen contingencies
It is the security that one adheres to in time of dire needs
What if the insurance claim gets rejected?
There are a number of reasons for which an insurance claim can get denied.
1)Not fulfilling legal conditions:
Often the policy holder’s death or accidents don’t come under the purview of insurance. For example if the policy holder commits suicide.
2) Wrong data input during policy applications
Having wrong data inputs in the insurance application hinders the process of claim settlement.
3) Irregularity in premium payments
4) Discrepancy in claim applicationName of insured person, policy number, date of death and the verified cause of death must be perfectly input in claim applications.
Taking professional help can ease you insurance claim troubles
Consult the experts for your insurance claim