Precautions while applying for life Insurance

Posted On19/03/2016 10:22:03 am

The most important fact while applying for life insurance policy is, mentioning all the facts about the individual be it age, financial background or health.  Insurance company judges the risk based on these factors. 

LPL requests all the people applying for life insurance, to mention all the facts and let the insurance company decide whether they are willing to take the risk or not.  Even if there was a surgery before, please mention even that.  This way we are sure that the claim cannot be repudiated because of suppression of facts.