SBI/LIC-Descriptive 8

By RITIK RANJAN|Updated : June 13th, 2019

This article has been posted by a Guru

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B/5 Sector 5

Rohini

New Delhi

13 June, 2019

 

Dear ABC

 

Hope this letter finds you in good health. I recieved your letter yesterday and i was glad to hear that you got your dream job. But i was even more more happy when you enquired me about how to purchase insurance policy safely means precaution one should take.

 Well, here are a few things you can do.It’s always safe and advisable to buy your insurance policy from a licensed authority instead of buying it from just any agent. Nowadays, most policies can be bought online, so you can always compare different policies and check the premium amount and other details before buying a policy.It’s always safe to make your insurance premium payment online, instead of issuing a cheque or paying cash. That’s because an online payment ensures that you will have a copy of the payment made to the insurance company. And in the case of a dispute, you can present  your bank statement along with the insurance documents.n case you plan to buy an insurance policy from an agent, always double check their licence and identification documents. This will help you avoid falling a prey to a fraudulent agent. Agents who are genuinely registered with any of the insurance companies will have a particular agent ID. This is what you need to verify before buying the insurance policy.Always remember to check the company seal on the insurance documents. Do not buy an insurance policy if the company’s seal looks dubious or any of the insurance clauses seem questionable. Double check and understand all the policy clauses carefully before signing any of the insurance documents.In case of any questions or disputes regarding your policy at any point in time, always reach out to the customer care of the insurance company. Keep the phone number and e-mail address of the insurance company handy so that you can double check all the information with them.

Remember it’s always good to be cautious and alert when it comes to your money. It doesn’t matter how convincing an insurance agent is. You will lose your money and be stranded in an emergency if your insurance policy isn’t genuine.

 I Hope you understood. ConVey my regard to elders and love to younger one's.

Thank you

 

Yours Lovingly

XYZ

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