RakshaPoint Insurance Marketing LLP
Problem-Solving & Decision Hub

Insurance Problem Guides & Question Hub

Authoritative, clear answers to the most crucial real-world questions policyholders face before and after buying insurance.

Policy Continuity
What happens if insurance premium is not paid on time?

Learn about grace periods (15-30 days), policy lapse consequences, loss of tax benefits, and step-by-step policy revival procedures.

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Claims & Appeals
What can a policyholder do if an insurance claim is rejected?

Immediate action steps to appeal repudiated claims, submit formal representations to grievance cells, and escalate to the Insurance Ombudsman.

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Life & Nominees
How can a nominee make a death claim?

Complete document checklist, death intimation workflow, beneficial nominee entitlements, and mandatory settlement timelines.

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Health Clauses
What is the difference between Waiting Period and Policy Period?

Understand the difference between initial 30-day waiting, specific disease exclusions, PED waiting periods, and annual policy renewal tenure.

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Life Planning
How much life insurance cover is really required for your family?

HLV methodology, 10x-15x gross income guidelines, and debt/inflation-adjusted life cover calculation examples.

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Policy Management
Can a nominee be changed after purchasing an insurance policy?

Step-by-step procedure to update nomination, appointing an appointee for minors, and beneficial nominee entitlements.

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Hospital Claims
How does cashless hospital treatment work from admission to discharge?

Pre-authorization timeline (48 hrs planned, 24 hrs emergency), TPA desk interaction, and handling non-medical expenses.

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Core Concept
Sum Assured vs Sum Insured: What is the fundamental difference?

Fixed benefit in life insurance vs actual indemnity reimbursement in health/motor policies, plus tax treatment under 10(10D).

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Hidden Deductions
Why room rent sub-limits can cause huge out-of-pocket medical bills

How proportionate deduction cuts doctor fees, surgery, and OT charges if you exceed daily room rent capping.

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Have a specific insurance question not covered here?

Our qualified Insurance Sales Persons (ISPs) provide transparent, parameter-based guidance to help you resolve policy queries.

Policyholder Query & Assistance

Transparent parameter-based policy guidance from qualified Insurance Sales Persons (ISPs) under IRDAI IMF regulations.

Parameter-Based Policy Evaluation We explain policy features, benefits, terms, and exclusions based on applicable policy wordings.
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