There are some common myths in Insurance industry.According to a recent survey by, Men seem to be more prone to buying these myths than women. Women too have popular misconceptions about their insurance choices. The survey of about 2,000 adults from across the United States reveals some interesting insights.

Majority of the respondents did not know how to insure their homes. Most thought house should be insured for its real estate market value instead of correctly insuring against cost of reconstruction. Many female survey respondents said they would not buy a red car because they felt it would attract more tickets, hence higher insurance cost. About 45% of all respondents thought an insurance company will cancel their car insurance right after they get in a bad accident. In reality, the company will wait till end of policy validity before evaluating case for dropping the policy.

The biggest divergence between men and women involved speeding tickets. Most male respondents (66%) believed they won’t be held liable for out of town tickets. Fact is these tickets do lead to a rate increase depending on carrier and can be tracked by the company. An interesting myth is about the size of cars. Majority believe it is cheaper to insure a small cars compared to a large station wagon. Not true again, the insurance depends upon the value of your possession and not size.

As an insurance buyer one can protest oneself if the sources of information is right. Do not fall prey to misconceptions. Reach out to informed insurance agencies that can help you get the right policy to cover you for rain and shine.

Leave a Reply

Close Menu

Job title: Digital Marketing Specialist

Reporting to: Manager, Marketing

Experience required: 0-3 years

Primary Responsibilities:

  1. B2B Social Media Marketing


Platforms: LinkedIn / Twitter / Instagram / Facebook / Google+ / Quora / etc.


  1. B2B Email Marketing


Tools: Mailchimp / Constant Contact / SendGrid


  1. Internal & External Communication


  1. Website(s) Management


Tools: Google Analytics / WordPress / Yoast SEO / etc.


  1. B2B Market Research


  1. Miscellaneous


Brownie points for:




Company Description

Exdion Solutions is a global B2B tech-led consulting & product organization specializing in the healthcare and insurance domains. We build & market, state of the art technology (AI, ML, NLP, etc.) products & and have offices in US & India.

Manager Business Development



9-14 years of experience in sales of Technology Product Selling

Experience in selling IT products in North American market essential

Experience in selling IT products related to Insurance Industry will be advantageous


Job Description

Ideal Candidate Profile


Will be commensurate with the experience level and internal benchmarking

Apply Now

AR Caller- Job Description

Hiring No. :5


Will be involved in calling the US insurance representatives for analyzing the Claims and updating the Claims status.

Experience –Minimum 6 months to 3 years of experience in AR calling/Analyst.

Duties and Responsibilities:

Mandatory Skills:


Graduates preferred / 10+2, PUC also can be considered if they have sufficient experience.



CTC (Based on Experience and Interview)[Including benefits]


Note:  Preferably candidates located in North Bangalore if not, willing to relocate.

Work Location

Exdion Solutions Pvt Ltd
STC Trade Centre,
5th Floor, Nandini Layout,
Bengaluru, India – 560096.

Ph No: 080 46585000

Apply Now

L.S Ram

L.S Ram: Managing: Director & CEO

Ram is one of the co-founders of Exdion and has served as President and CEO since inception. Under his leadership, Exdion has consistently set new standards in the field of process management and quality excellence. He brings over 30+ years of experience and holds a post-graduate degree in Computer Science and is a Chartered Accountant. He is also a Certified Information Systems Auditor from ISACA, USA and a Certified Associate of Insurance Services awarded by “The Institutes” (AICPCU), USA.