It will be advisable to read the fine print in such cases. 
There are so many discrepancies  in giving insurance to blind persons within
the same company.

Unfortunately we cannot have the peace of mind that the claims will be
settled properly when required. It looks like the insurance companies will
try to find all excuses in case of persons with disabilities for not paying
the insured amount.

In our case LIC issued policy to my wife without any condition whereas put
several conditions in writing in my case.

Someone needs to get the courts involved and get a clear cut policy
declaration from the insurance companies or the IRDA for persons with
disabilities.

Prashant 




-----Original Message-----
From: AccessIndia [mailto:[email protected]] On Behalf
Of Vishnu Ramchandani
Sent: 23 May 2013 15:17
To: [email protected]
Subject: Re: [AI] Views Invited: Legal issues in an insurance contract
forpeople with disabilities

Now a days, most of the companies are launching the online products
including term plans/health insurance plans. Means, we can directly by the
insurance product from the respective company's website without involving
the agent. These online plans can be purchased with very low premium rate as
compare to regular plan since the agent's involvement is not there.

Regards,
Vishnu

-----Original Message-----
From: AccessIndia [mailto:[email protected]] On Behalf
Of Apoorv Kulkarni
Sent: Thursday, May 23, 2013 1:22 PM
To: Accessindia
Subject: [AI] Views Invited: Legal issues in an insurance contract forpeople
with disabilities

Dear all,

 

Firstly, I applaud use of the Accessindia forum for such constructive
initiatives.

 

As the discussion around this topic is evolving, I imagine that many of us
may be presently considering getting an insurance policy. If any of you are
interested, I would recommend my agent, who himself is disabled, for
consultation. You  may finally avail services of your existing/ preferred
agents for getting the policy, but having a conversation with my agent may
help you gain insights into regulations/ procedures for getting a insurance
policy for a disabled individual.

 

In case anyone is interested, please write to me off-list, and I will be
happy to make a formal introduction with my agent.

 

Regards,

Apoorv

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