It is with interest I read about this in today's newspaper.It is being projected that something great is to be achieved from Feb 2008.
The fact is that even today same thing is available.Question before us is :
If someone is having Oriental policy where no claim bonus is not payable .No claim has been lodged during the year and on shifting it to another co will the new company give No Claim cumulative bonus.
I doubt it is going to happen.This will result in making a mockery of the portability.
Let us see how the Insurance co's come out with solution to such problems.
Wednesday, November 21, 2007
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