Kaam Ki Baat: How to speed up the sluggish process of insurance claims? Money will be available soon with a little care and preparation

Highlights

Insurance claim turnaround time starts only after you submit your complete documents.
By contacting the insurance company or agent, prepare a list of all your necessary documents.
While making an insurance claim, it is important that you include all the necessary information in your form.

New Delhi. Nowadays people want everything fast, that’s why there is talk of fast vehicles, fast food and fast services. But, when it comes to your insurance claim, most of the companies are late.

Insurance is available in lieu of our loss, that’s why people want their settlement soon. In such a situation, even a little wait seems too much. In such a situation, it is important that you take some precautions while making a claim so that the money is released soon. There are many common mistakes due to which there is a delay in getting your claim. If you claim by avoiding them, then soon the money will be released from the company.

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Most mistakes occur in the document
The most common mistakes made while making an insurance claim are in the submission of documents. The Insurance Regulatory and Development Authority (IRDAI) also says that the Turnaround Time (TAT) of insurance claims also starts only after you submit your complete documents. Most of the delay occurs in this case. The insured will first have to see all the documents for his claim, then the claim will have to be made only after filling all the information in the form.

It is important that you keep all the original documents with you and by contacting the insurance company or agent, you should prepare a list of all your necessary documents. It would be better if you collect all the documents and then send them together to the company. This will also make it easier for you to get the claim and will get it soon.

It is important to give correct information
While making an insurance claim, it is important that you include all the necessary information in your form. Companies verify the information given by you and if you have hidden any information or have given wrong information then there may be trouble in getting the claim. If you have hidden any such information, there may be a delay in getting the claim or your claim may also be rejected.

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contribute to the survey
Insurance companies appoint a surveyor or expert for each claim as soon as the claim is made. To avoid delay in your claim, you should contact the surveyor as soon as possible and fill your claim form with full cooperation. If you do not provide all the information to the surveyor soon, then it will cause two disadvantages. One, doubts will arise in the mind of the surveyor regarding your claim. Second, your claim will also get delayed.

How to speed up your claim process
Sometimes your insurance claim gets delayed without any reason. In such a situation, you have to take some extra precautions.

1- First of all, you should contact the agent to find out where your claim is stuck. If the agent is the link between your claim and the company, then he will know that there is really a problem.
2- Most of the companies and TPAs ​​give access to their clients, using which they can visit the online portal to know the reason for delay in claims.
3- You can get information about your claim by mailing the officials or other competent people related to the case.
4- Keep in constant touch with all the parties involved in the claim process like Company, Agent, TPA, Surveyor and cooperate in all the process.
5- IRDA has maintained several platforms for the convenience of the insured. You can also register your complaints on its portal.

Tags: business news, Business news in hindi, Insurance, Insurance Policy

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