Biggest scam: Angel investor after insurance firm denies claim to a family
Angel investor Udit Goenka called insurance "the biggest scam business in India" as he shared a post which claimed that Niva Bupa Health Insurance denied a cashless claim for ₹61 lakh hospital bill to a family despite them having medical cover of ₹2.4 crore. "Families buy policies for protection...not to be abandoned when it matters most," the shared post claimed.