Other Policy Details not declared

POSTED BY Nikhil Parchure ON April 17, 2011 2:29 pm ONE COMMENT

Hi All,

Last year I took a term insurance policy from an private insurance company with help of an advisor which is due for renewal now .

I was checking the application form and saw that last year while filling up app form additional policies (LIC) which I have were not declared during that time. It could be because my advisor did not emphasize much on that and because of my ignorance.

Should I go back to insurance company during this renewal informing them about the same.

Please suggest…

Regards

Nikhil Parchure

 

 

 

One reply on this article “Other Policy Details not declared”

  1. Yes obviously . Please do , else it can lead to rejection of claim , not “It can” , actually “It will”

    Manish

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