No insurer will hand life insurance claim amount on a platter!
Do not assume that your insurer will hand out your life insurance amount (term, endowment, ulip etc.) on a platter to your nominee! Deepak Shenoy of capital mind posted about how ICICI Pru Life bitterly fought a claim settlement and delayed it by about 7 years. http://capitalmind.in/2015/07/has-icici-prudential-life-taken-to-fake-doctors-prescriptions-to-avoid-paying-out-claims/ This led to the swift clamour that one should not…
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