I want to take Term Insurance from Pvt Insurance Company, I want to know - Is it guranteed by any authority like IRDA, in case Pvt Compant Ceases to exist, Still can I continue my policy on same terms?
Got this via email @sjainakola
I want to take Term Insurance from Pvt Insurance Company, I want to know - Is it guranteed by any authority like IRDA, in case Pvt Compant Ceases to exist, Still can I continue my policy on same terms?
Got this via email @sjainakola
There is no guarantee by IRDA. IRDA is a watch dog, which supervises the insurance sector. More info - http://www.policywala.com/content.ph...urance-company