Why I do not like general insurance

here read this story..

I do not like insurance as a business – it completely hates paying the claim amount. They will say anything that they can to avoid paying the claim. Look in this case:

  • the auto does not have permit
  • children are not dependent
  • no proof of income

good they did not say ‘she was drunk’ – no way you could have proved that she was not…

i have a small policy, but have zero confidence that when shove comes to push they may not pay…

the company is Hdfc Ergo….but they are all the same…

http://indianexpress.com/article/india/husband-son-get-rs-11-7-lakh-for-womans-death-in-road-mishap/

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One Response to “Why I do not like general insurance”

  1. This is so disappointing from the insurer. If they come up with such frivolous reasons for 5 lakhs then god alone knows what they will do for higher sums. Very disappointed with HDFC in particular.

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