In a recent presentation, Mahavir Chopra (Founder – beshak.org) provided valuable insights into the insurance industry. He discussed the 13 untold truths of the insurance industry and what all things a consumer should focus on. He also discussed what common mistakes consumers make while buying insurance. He explained that insurance companies depend on intermediaries to sell their products, highlighting how the priorities of these companies shift across different stages: selling policies, renewing them, and processing claims, with the latter often receiving lower priority. He discussed why all thumb rules are only sales gimmicks and burst many myths in the industry.

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