Almost everyone of us gets insurance policy to get protected against future’s uncertainties. There are a lot of types of insurances available in market and you can avail any of them from your favorite company. But how would you know about authenticity of the insurance company? How would you know about your rights as a policy holder? Many times we hear about some cheating or fraud cases in the news. If you don’t want to get cheated then you must know everything about the insurance which you already have or are going to get. Read on to find out insurance guide which will help you get protected against insurance fraud by knowing your rights.
IRDA (Insurance Regulatory and Development Authority) has a website to educate all consumers across the country. IRDA is the legal authority setup by government of India to protect and educate the consumers. It monitors and makes guidelines for all Insurance companies functioning in the country.
The IRDA website is very simple to use. You just need to visit the website and then you will see all help articles there. If you are going to buy new insurance then it will guide you what you should do, which plan you should go with, the Dos and Don’ts and a lot more.
This website is not limited to listing of various insurances but it also provides help on all types of insurances like Life, Health, Motor, Travel and Property. This website also makes policy holder’s aware of their rights which most of them don’t know about. Let’ see what information you get on it :-
- Why Buy Life Insurance :- Here you will get information like why you should buy life insurance, why it is needed, who needs it and how much life insurance is needed.
- What Life Insurance To Buy :- In this section, you will get to know about all life insurance types like term insurance, whole life insurance, endowment, etc., with their merits and demerits so that you can easily decide which one you need.
- How To Buy & From Whom to Buy :- Here you will find information and tips regarding how to deal with agents, what you should look for and how to deal.
- Dos And Don’ts :- Here you will get a long list of things which you should do and things which you have to avoid to take care of your insurance policy.
- Why Buy Health Insurance :- Here you will find the reasons for which you should buy a health insurance.
- What Health Insurance To Buy :- Here you will find what are the different policies, what are expenses incurred on them and what benefit you get in return.
- How To Buy & From Whom :- It tells you about the Insurance Intermediaries, what they do, what are the tips to deal with them and more.
- Dos and Don’ts :- Here you will find tips about the tings which you should do and things which you shouldn’t.
In the same manner, this website provides details about Motor, Property and Travelinsurance.