A claim under a motor insurance policy could be
In a third party claim, where your vehicle is involved, it is important to ensure that the accident is reported immediately to the police as well as to the insurance company.
On the other hand, if you are a victim, that is, if somebody else’s vehicle was involved, you must obtain the insurance details of that vehicle and make an intimation to the insurer of that vehicle.
In the event of an own damage claim, that is, where your own vehicle is damaged due to an accident, you must immediately inform insurance company and police, wherever required, to enable them to depute a surveyor to assess the loss.
Do not attempt to move the vehicle from the accident spot without the permission of police and the insurance company.
Once you receive permission for removal of the vehicle and for repairs, you can do so.
If your policy provides for cashless service, which means you do not have to pay out of your pocket for covered damages, the insurance company will pay the workshop directly.
In either of these situations, you must intimate the insurance company immediately.
If your vehicle is stolen, you must inform the police and the insurance company immediately. In addition you must keep the transport department also informed.
As soon as you receive the policy document, read about the procedures and documentation requirements for claims rather than wait for a claim to arise.
If you have to make a claim, ensure that you collect all the required documents and submit them along with the requisite claim form duly filled in, to the insurance company.
There may be certain specific documentation requirements for specific types of claims. For instance in respect of a theft claim, there is a special requirement that you should surrender the vehicle keys to the insurance company.
Source: Insurance Regulatory and Development Authority
"Hi Sunshine,Individual health iansrunce is must for following reasons:1. Whether you have any financial dependents or not, you are responsible for your own health care expenditures. And cost of medical treatments are rising every day.2. Now days it is very common for people to switch jobs, so when you switch you are medically un insured till you join new job. It also changes the type of cover offered by every employer and may not suit your needs.3. Also medicliam offered by your employer usually doesn't cater for critical illnesses, which is also important now days.So it is important for every earning individual to have individual health iansrunce. Regarding denial rate, if you take precautions then there won't be any denial for a valid claim.I do have critical illness care and surgi care policy from HDFC Standard life and I am satisfied with it.If you need further explanation, you may contact me or any financial planner.Regards,Pranav"
- Muhamad, 2nd August 2012, Thursday"Hi Sunshine,Individual health iansrunce is must for following reasons:1. Whether you have any financial dependents or not, you are responsible for your own health care expenditures. And cost of medical treatments are rising every day.2. Now days it is very common for people to switch jobs, so when you switch you are medically un insured till you join new job. It also changes the type of cover offered by every employer and may not suit your needs.3. Also medicliam offered by your employer usually doesn\'t cater for critical illnesses, which is also important now days.So it is important for every earning individual to have individual health iansrunce. Regarding denial rate, if you take precautions then there won\'t be any denial for a valid claim.I do have critical illness care and surgi care policy from HDFC Standard life and I am satisfied with it.If you need further explanation, you may contact me or any financial planner.Regards,Pranav"
- Muhamad, 2nd August 2012, Thursday"Hi Sunshine,Individual health incraunse is must for following reasons:1. Whether you have any financial dependents or not, you are responsible for your own health care expenditures. And cost of medical treatments are rising every day.2. Now days it is very common for people to switch jobs, so when you switch you are medically un insured till you join new job. It also changes the type of cover offered by every employer and may not suit your needs.3. Also medicliam offered by your employer usually doesn't cater for critical illnesses, which is also important now days.So it is important for every earning individual to have individual health incraunse. Regarding denial rate, if you take precautions then there won't be any denial for a valid claim.I do have critical illness care and surgi care policy from HDFC Standard life and I am satisfied with it.If you need further explanation, you may contact me or any financial planner.Regards,Pranav"
- Vicente, 2nd August 2012, Thursday"Hi Sunshine,Individual health incraunse is must for following reasons:1. Whether you have any financial dependents or not, you are responsible for your own health care expenditures. And cost of medical treatments are rising every day.2. Now days it is very common for people to switch jobs, so when you switch you are medically un insured till you join new job. It also changes the type of cover offered by every employer and may not suit your needs.3. Also medicliam offered by your employer usually doesn\'t cater for critical illnesses, which is also important now days.So it is important for every earning individual to have individual health incraunse. Regarding denial rate, if you take precautions then there won\'t be any denial for a valid claim.I do have critical illness care and surgi care policy from HDFC Standard life and I am satisfied with it.If you need further explanation, you may contact me or any financial planner.Regards,Pranav"
- Vicente, 2nd August 2012, Thursday
