There are many general insurance policy being marketed  by General Insurance Companies , policy terms & conditions are written in small letters ,which are never read by customers . Customers are facing  problem while lodging any claims . We are giving few guidelines ,kindly take care before you opt for General Insurance.

 Motor Insurance : - When you opt for Vehicle Insurance , never insist agent / Co. to reduce  sum insured that will result in reduction of claim amount due to under insurance . Secondly always get  comprehensive insurance of your vehicle when it is less than 10 year old , claim is paid after deduction depreciation of parts and excess.

House Hold Insurance/Machinery Insurance :- While  getting house hold item  insured . Get insured for present replacement value of product . Try to keep purchase bill of items in safe custody . Insurance company will try to verify value of goods from market . If  insurance value is less ,then there will be under insurance & your  claim amount will be deducted .

Shopkeeper Insurance : While insuring stock of shop or malls ,take insurance value of stock on higher side ,always keep records of stock and daily sale and purchase ,in event of loss ,all records are verified .

• Written by akhilesh kumar nigam.
• In category Insurance.
• 14 years ago.

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