1/5 Common causes of delay and rejection of claims

Life insurance promises financial security, but delays and rejections land families in trouble at the most inopportune time. Non-disclosure of material facts, for example, pre-existing illness or risky occupations, is the most common cause. Incomplete documentation, discrepancies in policy information, or delay in claim intimation also present hurdles. Insurers will ask questions when fraud or misrepresentation is suspected, and it can take forever. For nominees, knowing these triggers is the first step in ensuring that their genuine claim is not denied.

2/5 The requirement of disclosure at the beginning

One of the main reasons claims are denied is for misrepresentation on application. Many policy holders underplay illness issues, h

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