#InsurersExaggerateClaims #MakingFinanceFun

We have started the Fun & Finance series with an aim to make finance more fun and relatable via short 1 min stories by using fables or interaction with customers etc. We will try our best to help you learn something new in finance via these short stories.

Maybe this weekend has been your dullest weekend in life yet. Hopefully, this fable lightens your day. Simultaneously, we can also spread some awareness about insurance. 

The Fox & the Leopard

One fine evening, a Fox and a Leopard were resting after a lavish dinner. Both amused themselves by disputing about their looks. The Leopard was very proud of his glossy, spotted coat and thus he arrogantly made fun of Fox’s looks

The Fox knew he could not match the Leopard in looks but he still continued arguing just to exercise his wits. With hurtful comments, the Fox got under the Leopard’s skin and so he lost his temper. 

Then the Fox yawningly said, “you may have a fine coat, but you would be better off with a little more smartness, the way I am. That’s true beauty.”

A fine coat is not always an indication of an attractive mind.

Most health insurance companies in India boast about the features they provide to their policyholders. They pretend that most claims are granted seamlessly, whereas reality suggests the opposite.

Health Insurance Checks

In the past, insurance companies have resorted to any means just to reject policy claims completely or partially. They have fooled policyholder by putting in terms which are complicated for most.

A fine insurance promotion is not always an indication of an attractive cover.

Some features that you must look for in health insurance are:

  1. 0% co-payment
  2. NO room rent capping
  3. High no-claim bonus
  4. Less waiting period for pre-existing diseases.

We at RefreshMint, know how these insurers try to deceive policyholders. And our agenda is to ensure that you do not have to worry over these tricks. Contact us over email to know more.

RefreshMint is a financial App, designed to simplify finances for the young Indians. With us, you get full control of your financial life. Get a free financial health check-up with RefreshMint today.

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