Suraj's Post

⚠️ He had insurance. But the claim was still rejected. In just 48 hours, everything changed. A family that thought they were financially protected suddenly had nothing. He had a ₹1.17 crore term insurance policy. Premium paid. Documents in place. No mistakes. But when the claim was filed, it was rejected. 📌 What unfolded: • Sudden Loss → Hospitalised on 8 May, passed away on 10 May due to Covid • Claim Rejected → Insurer cited “non-disclosure” of diabetes and BP • No Clear Proof → Rejection came without proper explanation • Legal Battle → Case went to court after denial 📌 What changed the outcome: • Insurer Default → Company failed to respond in court within 45 days • Medical Evidence → Records showed normal sugar levels, death due to Covid • Court Verdict → Rejection ruled invalid 📌 Final Outcome: • ₹1.17 Crore → Full claim payout ordered • 9% Interest → Additional compensation on amount • Extra Penalty → 12% interest if delayed + legal costs Insurance is not just about buying a policy. It’s about whether your claim actually gets paid. You may think you’re covered. But the real test comes during a claim. Protection matters only when it delivers.

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This post was published on 01st May, 2026 by Suraj on his Instagram handle "@myfintaxofficial (MYFINTAX | Finance & Tax Educator | CA Suraj Soni)". Suraj has total 218.5K followers on Instagram and has a total of 3.0K post. Suraj receives an average engagement rate of 0.19% per post on Instagram. This post has received 615 comments which are greater than the average comments that Suraj gets. Overall the engagement rate for this post was lower than the average for the profile.