Risks Associated with Buying Insurance from Private Companies

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Topic: Risks Associated with Buying Insurance from Private Companies

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25/11/2009 10:57:22

Subject: Risks Associated with Buying Insurance from Private Companies

sachinsrb

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Please let me know the risks associated with buying a Term Insurance policy from a private insurance company (non-Government or not Government backed). What happens to the claim, if any, if such private company goes bankrupt ?

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