Home |Health Insurance | Can I buy a TATA AIG health insurance policy through Canara bank? If so, gets all benefits when a person bought it through an agent?

Can I buy a TATA AIG health insurance policy through Canara bank? If so, gets all benefits when a person bought it through an agent?

Answer Notify Me - 1 Notifying - 2
Abhijith Vijay Abhijith Vijay, Health Insurance Expert (Seniors & Special Cases) verified
Answered on November 02,2022

No, buying health insurance via bank won’t get you all the benefits as bought from an agent.  
Benefits.

  • Comparatively Low Premium
  • No PED Waiting period

Drawbacks.

  • No Continuity Guarantee on the plan
  • No Portability Benefits from the insurer
  • Lack of Post-sale Service
  • It could have Maximum age Limit. You might not be eligible for another insurance once it’s done due to your health-conditions in later age.

Never expect bank (the seller) or customer-care people (insurer) to do follow ups or documentations, during reimbursement claims settlements, endorsements or any process delays. 
 

My Suggestion.

 Buy it from a consultant with good track record who can compare multiple insurers and get you with the best suitable plan for family.  Or from a reliable advisor/agent whom you 

How would you rate the answer?


Excellent Good Neutral Poor Bad

Thank you for your response..

Clap Clap 22
Share Share Answer Share Share
Views 442 views
tesz.in
Hey , can you help?
Answer this question

Related Questions