Insurance policies provide financial protection in times of need, but disputes can arise when claims are denied or delayed. Understanding how to handle insurance claims can help you secure the compensation you deserve.
Understanding the Claims Process
Review Your Policy – Understand what is covered and any exclusions that may apply.
Document the Loss – Gather evidence such as photos, medical reports, or police statements.
Submit a Claim Promptly – Adhere to the insurer’s guidelines and deadlines.
Follow Up Regularly – Keep records of all communication with the insurance provider.
Common Reasons for Claim Denials
- Non-disclosure of material facts.
- Policy exclusions and limitations.
- Late or incomplete claim submissions.
- Disputes over coverage interpretations.
Legal Remedies for Insurance Disputes
Negotiation & Mediation – Engage with the insurer to resolve disputes amicably.
Regulatory Complaints – File a complaint with the Insurance Regulatory Authority (IRA) if your rights are violated.
Legal Action – If negotiations fail, seek legal representation to challenge unfair denials in court.
By understanding your rights and taking the right legal steps, you can navigate insurance claims more effectively and ensure fair treatment from insurers. If you face challenges with an insurance claim, consult a legal expert for guidance.
