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7 Common insurance mistakes that can jeopardise your financial security
India TV News7 Common insurance mistakes that can jeopardise your financial security Insurance is a vital part of financial planning, offering protection against unforeseen events. However, common insurance mistakes—like not reviewing coverage needs, ignoring policy details, or failing to compare plans—can leave you vulnerable. A smoker who conceals their smoking history to obtain reduced life insurance rates stands to have their policy cancelled or claims denied if the insurer finds out while investigating the claim. By evaluating your requirements, contrasting policies, examining the fine print, and updating your coverage from time to time, you can guarantee your insurance policy actually protects your financial future.
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