Why Kerala flood victims need to file insurance claims now
A delay in filing insurance claim could mean further consequential damage allowing the insurer to deny payment
If you were affected by the Kerala floods, you may be busy putting back your life in order now that the floods are receding. But it’s also important to assess the damages to your assets and file your insurance claim soon to avoid rejection due to delayed filing. Though the Insurance Regulatory and Development Authority of India (Irdai) has asked insurers to expedite the settlement of insurance claims with minimal paperwork, it is only wise to approach your insurer before it gets too late.