Participating life insurance policies offer the advantage of participating in policy profits through bonuses or dividends. The bonus amount is calculated based on the sum assured and the bonus rate, providing higher payouts as profits increase.
Health insurance claim rejections arise when insurers decline to approve a policyholder s claim. Here are some fundamental reasons behind these rejections.
The sum insured range also plays a role in claim rejections, with the highest number of rejected claims found in the sum insured category of ₹5 lakh, as per analysis
The recently unveiled Pramerica Life RockSolid Future ensures definite advantages, delivering financial assurance without any uncertainty. It also provides flexible payout choices, allowing individuals to opt for either a lump sum or periodic income benefits based on their financial preferences.