Once an
insurance company has issued a policy, it can not later reject the insured person's claim on the
ground that cover was
given in violation of terms and conditions, the Delhi State Consumer Commission has ruled.
With the A.M. Best
Company, for example, the highest rating is an A + +, and any rating below an A - should be
given careful consideration because they are on shaky financial
ground and life
insurance is not something you want to become useless after a few years of paying into the policy.