Section 45 of Insurance Act 1938 Explained | No more insurance claim rejections

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3 жыл бұрын

Section 45 of Insurance Act 1938 | Reasons of Insurance Claim Rejection | What is Section 45 of Insurance Act.
In this video, you will get to know about complete details of Section 45 of Insurance Act. This section 45 amendment has given tremendous power to the insurance buyers. You will get to know, when the section 45 is applicable, how you can get benefit from it. Why insurance companies cannot reject your claim under section 45.
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Пікірлер: 28

@mkh9954 2 жыл бұрын

Thank you sir for this nice tutorial ! keep it up

@InsuranceDecoder 2 жыл бұрын

Most welcome

@syamsundarreddy.p3123 3 жыл бұрын

Thank you Sir Good information

@InsuranceDecoder 3 жыл бұрын

Most welcome

@manavpatni6643 2 жыл бұрын

Sir, My father death claim is going on he had policy lapse 2 times but revived after only 10 days because he forget to pay premium so does date still count from revival of polic if only 10 days extra are taken?

@sharmilagatkal447 3 жыл бұрын

very well explained

@InsuranceDecoder 3 жыл бұрын

Thanks a lot

@DinkerSinghThakur 2 жыл бұрын

Hi, If someone has also taken riders with the policy, so after 3 years of regular payment, can Insurence company deny the rider coverage and only pay base sum assured?

@avivekkr 3 жыл бұрын

Sir insurance company aia has taken my salary slip, can they reject on wrong income disclosure basis?

@sumedhtheeditor6002 3 жыл бұрын

Good Information sir !

@InsuranceDecoder 2 жыл бұрын

Thanks a lot

@Arimakarnan 2 ай бұрын

I am a tobacco user. I hide it in insurance. If i die after 3years of insurance due usage of tobacco. My claim will accept or reject?

@souvikbhattacharya793 3 жыл бұрын

Dear sir, If I have paid 2 annual premiums within grace period and the 3rd premium after grace period and perhaps the policyholder died in 4th year then will the insurance company pay us the full sum assured on death?

@InsuranceDecoder 3 жыл бұрын

they will investigate and then if finds claim is genuine, they will pass the claim

@torajeshmishra 2 жыл бұрын

@@InsuranceDecoder maximum time limit for investigation

@mayankmishra-yp7lq 3 жыл бұрын

if anyone does not revive his policy then which date will be considered?

@InsuranceDecoder 3 жыл бұрын

question not clear

@thrinesht5884 Жыл бұрын

dear sir, i have been paying premium regularly from last 5 year of term insurance but last 2years back i hospitalized due to medical problem, while taking policy informed about my medical condition because of that they increased my premium also, now there is any risk from insurance company, i have to inform if i hospitalized in these days please suggest

@InsuranceDecoder Жыл бұрын

No risk, as you have already told. Keep the proposal with you for future reference. You can ask the insurance company to provide the proposal form, if you dont have

@indrajeetkamble7857 3 жыл бұрын

If insured pay the premium regularly for 4 continues years but on 5th he fails to pay on time and plan goes in laps for 1 month then he again renews the policy and due some illness on 6th year he dies , in this case he paid for 4 years now the sec 45 will be applicable here or the window for company will increase?!

@InsuranceDecoder 3 жыл бұрын

Three years period will start from the day lapsed premium was paid. so after three years from lapsed premium was paid.