Today news
About the same in other media
17.12 - 21:03
Your car insurance claims can be rejected! Here’s when
Reading now: 937
financialexpress.comBy Rakesh Kaul
We all expect our motor insurance company to compensate any claim raised during the term of the policy. However, most of us do not read the policy document and are unaware of the scope of our policy and the exclusions. A claim can get rejected based on these fine prints, leading to disappointments and financial loss. Here are some reasons that would lead to claim being rejected or not fully paid:
Insured Declared Value (IDV): IDV is the value of your vehicle at the time of buying insurance. It is the amount that you will get in case your vehicle is stolen or suffers total loss. It is highly recommended that you get the correct IDV which is closest to the cost of the market value of your vehicle as any undervalue or overvalue
Read more on financialexpress.comAbout this in other media
Madagascar Time Reinvents the Lottery Using Blockchain Technology cryptonews.com /2 years ago
Bitcoin-Backed Mortgages Coming to the US and Canada in 2022 as Ledn Raises USD 70M cryptonews.com /2 years ago
Another exchange in Canada to delist XRP over new ‘regulatory requirements’ ambcrypto.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
