POSTED BY March 5, 2011 7:03 pm ONE COMMENTON
I am regular reader of your forum
I just want to buy a term plan for Rs 25 lacs for 30 years from Kotak ( or any other co. u suggest )
Let us suppose if said co. become failure and roll back from India, What will be the effect on my coverage ? Does IRDA will give CLaim?
What will happen to my Insurance coverage ? who will pay the claim if occured ?
In Case if their foreign partner leaves then impact on my policy ? As exmaple HDFC broke with standard and now HDFC has increased premium & charges on some plans and saying if u wish to continue pay reqd. amount otherwis eclose the plan?