Rising medical treatment costs can shatter finances of families.
While a rider is just as good as buying a new policy, it usually is a very economical addition to get the maximum coverage from a plan.
Before purchasing a policy, you should calculate your total liabilities such as EMI for a home loan and other borrowings.
The product offers Rs 2 lakh to Rs 50 lakh, across only 4 variants.
The general insurance company has a major portion of the business coming in from motor.
Policyholder needs to call the helpline number or check the website of the insurer and have a check if there are any services or offers are covered under his or her health insurance plan.
Among other public sector general insurers, General Insurance Corporation of India (GIC Re) and New India Assurance are already listed on the stock exchanges. They had brought out their IPOs in the last few weeks.
The Max Bupa ATH machines will let customers initiate their health assessment, choose the right health insurance plan for themselves and walk away with the policy document within three minutes.
The customer's buying behavior for life insurance is influenced by many factors, premium is only one of them.
Industry-level frauds are in the region of about 10-15 percent of claims, of which a large chunk comes from motor insurance
To combat the gigantic costs of health treatments there is need to have a financial arrangement in the form of “Fixed Benefit Health Insurance Plans.”
IRDAI has not yet given a deadline for linking existing insurance policies with the Aadhaar number.
Traditionally, PE firms have an entry and exit strategy for companies that they invest in. The regulator doesn't want volatile investments in the sector.
In September 2017, Insurance Regulatory and Development Authority of India (IRDAI) had said that authentication of policyholders or clients by insurance companies using Aadhaar number will be on a voluntary basis and with their consent
In endowment products, the pure protection element is lower than the one offered in pure term products.
The insurer is also taking steps to increase its digital presence in the country to reach out to the mass market.
Swiss Re expects its insurance claims from natural catastrophes for the first nine months of 2017 to amount to approximately USD 4 billion at a group level.
Insurance is not about investment and returns. It is a tool for protection and it should be perceived in its true and correct form.
Three more companies, SBI LIfe Insurance, GIC Re and ICICI Lombard General Insurance got listed on the bourses recently, with HDFC Life and New India Assurance in the line for listing in November
Bajaj Allianz General Insurance today launched a cyber-protection product for individuals
IRDAI has laid down clear-cut guidelines for insurers to calculate depreciation value of each part of the bike.
In May this year, Bharti Enterprises had appointed Sam Ghosh as the managing director of its financial services business.
The rising incidence of cancer, coupled with high treatment costs, necessitate a cancer insurance policy.
Earlier, heart and kidney ailments apart from cancer were one of the most common exclusions in health insurance products
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