Well, understanding insurance concepts is quite difficult, because the contract is subject to terms and conditions, and knowing about these conditions is a tough task. Nobody reads it and problems occur when one lodges a claim. First of all, take the help of professionals who have sound knowledge of the insurance field. Sometimes salespeople do not disclose full details, which leads to confusion.

please make sure that -the proposal form is completed and verified by yourself, if possible keep a copy of the proposal for future reference. Try to read out the policy conditions, verify the same, and telly with the proposal form. In case of any discrepancy contact insurer for necessary correction (endorsement). If this is a case of the manufacturing unit, it is always better to hire the services of experts at the time of taking the policy, further after insurance, one must get the things verified, because the policy may be defective, it can be a fake one. Pay a small amount to experts it would be a good investment to save your future. We will discuss this topic in detail and in the meantime if you wish to get more information from us, please write to mohanvatnani@manifoldadvisory-com or drop an email to mohanvatnani@gmail. com. for more details on fire, marine, motor, health, IAR, liability policies read our next episodes.