http://www.bimaworld.com/forums/ Indian Insurance Community Forums en Fri, 10 Feb 2012 08:15:37 +0000 http://www.bimaworld.com/forums/topic/umbrella-policy#post-5264 Mon, 12 Dec 2011 10:21:00 +0000 Anonymous 5264@http://www.bimaworld.com/forums/ <p><a href="http://www.thepublicadjusters.biz/">Insurance Claims Adjuster</a> </p> http://www.bimaworld.com/forums/topic/hospitalization-policy#post-4579 Tue, 28 Jun 2011 13:48:05 +0000 equalhealthcare 4579@http://www.bimaworld.com/forums/ <p>if anyone applies for the health insurance then,only they will get if they get hospitalized </p> http://www.bimaworld.com/forums/topic/what-are-the-contents-of-claim-processingdeathmaturity#post-1890 Thu, 23 Sep 2010 09:11:15 +0000 Anonymous 1890@http://www.bimaworld.com/forums/ <p>Dear Friend,</p> <p>1st of all you need to intimate your insurer about such incident and request them to register your claim and ask for the documents and claim forms that you would be required to fillin for further action by the insurer in this regard.</p> <p>In both the cases (death/ maturity) original policy bond will have to be deposited with the insurer.</p> <p>for any further assistance please drop in once again to the forum.</p> <p>regards </p> http://www.bimaworld.com/forums/topic/what-are-the-contents-of-claim-processingdeathmaturity#post-1879 Wed, 22 Sep 2010 12:25:48 +0000 shanthuhiremath 1879@http://www.bimaworld.com/forums/ <p>Dear sir,<br /> I wanted to know the content of Death-claim and maturity claim to fill the forms:<br /> please explain us to go forward and fill the forms </p> http://www.bimaworld.com/forums/topic/uninsured-risk#post-224 Sat, 04 Jul 2009 00:02:09 +0000 devanand 224@http://www.bimaworld.com/forums/ <p>To be more precise, uninsured are those people who have not taken any insurance policy for their property, life, assets or liability and opt to remain uncovered.</p> <p>Uninsured is also known as self insured, who meet their losses from personal funds at own level without taking the help of any insurer.</p> <p>Some of the State Governments acts as self-insured or we can call them as uninsured as they have opted not to take insurance cover for state vehicles and meet claims from their own pool or reserve /created fund. </p> http://www.bimaworld.com/forums/topic/grace-period#post-222 Fri, 03 Jul 2009 23:23:31 +0000 devanand 222@http://www.bimaworld.com/forums/ <p>In life insurance policies only, grace period are given.</p> <p>Policies with Quaterly,Half yearly and Yearly premium payment mode are provided with 1 months grace period for submission of premium from its due date.</p> <p>For montly premium mode policy grace period alloted is only 15 days.</p> <p>All claims arising during the grace period are duly paid by the insurer after current years premium adjustment from the claim amount.</p> <p>The policy is not termed as lapsed during garce period. but after the grace period is over and the premium is not paid then the policy lapses and it has to be revived by payment of premium with interest and submission of documents as per the insurer. </p> http://www.bimaworld.com/forums/topic/grace-period#post-220 Fri, 03 Jul 2009 23:07:43 +0000 rishipatelsh 220@http://www.bimaworld.com/forums/ <p>It is a time period which comes after the due date of premium. Within this period the policy remains in force even though premium is not paid. </p> http://www.bimaworld.com/forums/topic/exclusion#post-219 Fri, 03 Jul 2009 22:48:33 +0000 rishipatelsh 219@http://www.bimaworld.com/forums/ <p>Specific hazards listed in a policy for which benefits will not be paid. </p> http://www.bimaworld.com/forums/topic/uninsured-risk#post-218 Fri, 03 Jul 2009 22:34:52 +0000 manavjindal 218@http://www.bimaworld.com/forums/ <p>UNINSURED means a person who is not accepted by the insurance company to take insurance due to high risk. </p> http://www.bimaworld.com/forums/topic/underwriter#post-217 Fri, 03 Jul 2009 21:43:35 +0000 manavjindal 217@http://www.bimaworld.com/forums/ <p>Underwriters are the employees of the company who decide whether they should bear the risk or not.If yes, then what should be the premium. </p> http://www.bimaworld.com/forums/topic/umbrella-policy#post-211 Mon, 29 Jun 2009 21:14:20 +0000 rishipatelsh 211@http://www.bimaworld.com/forums/ <p>A special liability insurance policy that provides further payment for liability claims after the liability coverage from other policies is used. </p> http://www.bimaworld.com/forums/topic/underwriting#post-210 Mon, 29 Jun 2009 17:04:09 +0000 rishipatelsh 210@http://www.bimaworld.com/forums/ <p>Its an process of selecting risk and classifying them according to their degrees of insurability so that the appropriate premium rates may be charged. </p> http://www.bimaworld.com/forums/topic/underwriter#post-209 Mon, 29 Jun 2009 16:43:31 +0000 rishipatelsh 209@http://www.bimaworld.com/forums/ <p>The individual trained in evaluating risks and determining rates and coverages for them. </p> http://www.bimaworld.com/forums/topic/total-disability#post-208 Mon, 29 Jun 2009 16:25:25 +0000 rishipatelsh 208@http://www.bimaworld.com/forums/ <p>The insured is unable to perform the duties because of any injury or accident. </p> http://www.bimaworld.com/forums/topic/beneficiary#post-207 Mon, 29 Jun 2009 16:17:32 +0000 rishipatelsh 207@http://www.bimaworld.com/forums/ <p>Beneficiary is a person who receives all the benefits at the death of the insured. </p> http://www.bimaworld.com/forums/topic/rider#post-206 Mon, 29 Jun 2009 16:10:19 +0000 rishipatelsh 206@http://www.bimaworld.com/forums/ <p>It is an optional feature that can be added to an insurance policy. </p> http://www.bimaworld.com/forums/topic/lapsed-policy#post-205 Mon, 29 Jun 2009 14:23:48 +0000 rishipatelsh 205@http://www.bimaworld.com/forums/ <p>A policy is said to be lapsed for non-payment of premium. </p> http://www.bimaworld.com/forums/topic/hospitalization-policy#post-204 Mon, 29 Jun 2009 14:11:06 +0000 rishipatelsh 204@http://www.bimaworld.com/forums/ <p>A policy that covers the hospital expenses occurred due to hospital stay. </p> http://www.bimaworld.com/forums/topic/group-insurance#post-203 Mon, 29 Jun 2009 14:08:34 +0000 rishipatelsh 203@http://www.bimaworld.com/forums/ <p>Insurance issued to an employer for the benefit of employees or to members of an association by an insurance company. </p> http://www.bimaworld.com/forums/topic/agent#post-202 Mon, 29 Jun 2009 14:05:01 +0000 rishipatelsh 202@http://www.bimaworld.com/forums/ <p>Agents are the representative of one or more companies. They basically sell there company insurance product. </p> http://www.bimaworld.com/forums/topic/chronic-illness#post-201 Mon, 29 Jun 2009 13:52:52 +0000 rishipatelsh 201@http://www.bimaworld.com/forums/ <p>An illness that frequently reoccur such as arthritis, diabetes, heart disease, asthma, and hypertension. </p> http://www.bimaworld.com/forums/topic/annuity#post-200 Mon, 29 Jun 2009 13:37:50 +0000 rishipatelsh 200@http://www.bimaworld.com/forums/ <p>An agreement by an insurer to make periodic payments either (monthly, quarterly or yearly) that continue for a specified period. </p> http://www.bimaworld.com/forums/topic/insured-and-insurer#post-199 Mon, 29 Jun 2009 12:17:43 +0000 rishipatelsh 199@http://www.bimaworld.com/forums/ <p>The person in whose name the insurance policy is made is referred as the policy holder or the insured.<br /> The insurance company that offers the policy is known as insurer </p> http://www.bimaworld.com/forums/topic/premium#post-198 Sun, 28 Jun 2009 18:43:29 +0000 rishipatelsh 198@http://www.bimaworld.com/forums/ <p>This is the amount you pay to the insurance company to buy a policy.</p> <p>A single premium policy will need you to pay just one lump-sum amount.</p> <p>The annual premium policy will require you to pay every year. This will go on for a fixed period of time. </p> http://www.bimaworld.com/forums/topic/sum-assured#post-197 Sun, 28 Jun 2009 17:52:23 +0000 devanand 197@http://www.bimaworld.com/forums/ <p>The amount of money insurance company pays on maturity or on death </p>