Page 45 - Insurance Times September 2019

the following actions immediately in all the states affected previous week. PMJJBY claims data need to be
by the recent floods.: submitted separately while including the same in total
1. Initiate immediate action to ensure that all reported claims.
claims are registered and eligible claims are settled
expeditiously. Chief General Manager
2. With regard to claims involving loss of life, where (Life Insurance)
difficulty is experienced in obtaining a death certificate
due to non-recovery of body etc., the process followed Fake website irdaionline.org available on
in the case of Chennai floods in 2015 may be internet
considered.
PUBLIC NOTICE
3. A suitably simplified process/procedure including
relaxations in the usual requirements wherever feasible It has been brought to the notice of the Authority that a
may be considered to expedite claims settlement. website using domain name- www.irdaionline.org is selling
insurance to the general public. This domain name is not
4. Details of offices/special camps set up for the purpose
authorized by the Authority. Please note that IRDAI
may be publicized in the press, electronic media etc to
authorized website is having domain name
enable immediate filing of claims. Details of such
www.irdaonline.org and this website is hosting Centralized
publicity activities may be sent to the Authority,
Agency Portal. The Authority will take action against any
immediately.
entity that tries to sell insurance without having proper
5. The State-wise Progress report on the claims settled registration.
shall be sent to Authority in the format given below to
email ids ronanki.venkatesh@irda.gov.in and Insurance Regulatory and Development Authority of India
life@irda.gov.in on a weekly basis every Monday (IRDAI) does not sell any insurance products. This
before 12.00 PM for data up to last working day of the information is issued in public interest.
7 tips to avoid health insurance fraud

1. Avoid any company with aggressive salespeople. discount card" then there's a good chance it won't
Don't purchase insurance from any company that cover what you need. Be sure to check with your
phones, faxes, or emails "good deals." doctors, pharmacy and testing centers to see if they
2. Avoid any promises of better pricing if you sign up accept that card, and if they do, how much the
right away. Real insurers don't insist you rush through discount really is. (The same is true for pharmacy
your decision-making (Although there can be discount cards.)
deadlines for signing up by certain dates, like at the 6. If the cost is substantially less than any other pricing
end of the year.) you have found, then walk away. If it sounds too
3. If a salesperson tells you that purchasing insurance is good to be true, then it is.
"required by law," then hang up or delete the email. 7. Avoid any company that has a process for acceptance
4. If the salesperson tells you they are licensed by that seems less demanding than another. People have
ERISA, that's a sure sign that they are bogus. All been known to fall for scams just because they were
insurance companies are licensed in their states of told they didn't need to have a physical exam, or
business, but ERISA is a federal organization. because they weren't required to provide a list of
5. If what the company offers you is called a "medical their current medications.

!! Hearty Congratulations !!

Thanks readers for excellent response for our Insurance Quiz published in our August 2019 issue. This month the
lucky winners of the Quiz is J. Sundararaman.
Who will be the next?????
Who will be the next?????
Who will be the next?????
Who will be the next?????
Who will be the next?????
The Insurance Times, September 2019 45