Sunday Times (Sri Lanka)

A helping hand to policy holders left in the lurch

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Policy-holders receive very prompt service and attention prior to the issue of the insurance policy. However, when a claim arises it is an entirely different story. Many policy holders have difficulti­es in properly presenting their claims to their insurance companies and obtaining a fair settlement.

Most insurance claims involve technical issues and the claimants encounter serious difficulti­es in submitting their claims to their insurance companies. As a result, many valid claims are rejected and in some cases legitimate claims are unfairly reduced and the claimants do not receive full compensati­on. They are then helpless and are unaware how to proceed further and safeguard their interests. In view of the above I commenced an insurance claims consultanc­y service office in Kandy about two years ago with the assistance of several highly qualified insurance profession­als, including Chartered Insurance Practition­ers, to fill a large gap in the services provided by insurance companies, brokers and insurance agents to the insuring public. This is to provide a social service to the policy holders who need such assistance, especially those who have been aggrieved and penalised.

My consultant­s and I provide consultati­ons free of charge. This involves perusing the available claim documents and advising the policy holder on the most appropriat­e course of action to be followed. Hilmy Sulaiman Kandy

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