Letting Your Agent/Advisor Fill Your Form:

The biggest mistake that almost all of us make is that we let our agents/advisors fill in the details in our insurance application and information forms. Any mistake from their side or even a smallest of thing overlooked by them can lead to our claim rejection. Don’t be lazy because it takes a few minutes to fill the forms yourself, check it twice before signing and submitting it.

Lapsed Policy:

Here you only get the benefits of the policy which is in effect or is still in an active state. This happens only if you have been regularly paying your premiums. Always make sure that, you do not forget or skip any premiums as if the policy lapses, your nominee or anyone going to make a claim, will have it rejected by the company since the policy would have been lapsed already.

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