BUSINESS
Centre to set up taskforce for 'Golden Hour' accident claims, insurance pool proposed
The National Health Authority will dip into the pool for funds for treating victims; a mechanism for uninsured persons will be finalised by the task-force.
BUSINESS
Insurance companies are pushing Rs 1-crore health covers. Do you really need them?
Insurers may find these Rs 1 crore health policies unviable and hike premiums steeply later
BUSINESS
IRDAI proposes two ‘new and improved’ standard COVID health policies
The new indemnity policy will clearly cover PPE and other consumable costs, which is in favour of customers.
BUSINESS
Our term insurance premiums not costly, private firms’ rates were unsustainable: LIC
LIC’s term products launched last year, with lower premiums, could be the cheapest ones available in the market
BUSINESS
Deposits surge during lockdown, as India saves more and consumes less: SBI Research
Aversion to consumption could continue in lockdown 5
BUSINESS
COVID-19: Select health insurance policies may cover treatment taken at home
You can make a claim if your health policy covers domiciliary hospitalisation
BUSINESS
We have been scoring hospitals on services and deficiencies even before COVID-19: Star Health
I am willing to pay for the costs incurred and not for (hospitals’) profits
BUSINESS
IRDAI revises COVID-19 product draft, prescribes a fixed benefit cover
The product will be available from June 30 if the proposal is finalised in its current form
BUSINESS
For senior citizens, a regular health cover works better than a dedicated policy
Look for a regular cover first, but if it is not issued or if premiums are too high, explore dedicated policies
BUSINESS
Deloitte study: Nearly 53% Indians fear losing their jobs due to the COVID-19 pandemic
Around half the Indian respondents concerned about their job security, ability to pay rent and EMIs.
BUSINESS
Tipping the delivery person? Pay his insurance premium instead
Coming soon: Eighteen novel life, health and motor products and facilities set to be rolled out after the insurance regulator’s approval under the sandbox framework.
BUSINESS
In case of a job loss do check if your company gives you a personal health policy
Employees can port from their companies’ group health policies to individual products. Make use of this option at the time of separation.
BUSINESS
Lower PF contribution of 10 percent is not mandatory, EPFO clarifies
Comfortable with your liquidity situation? Opt for higher EPF contribution
BUSINESS
Alas homebuyers, the Force (Majeure) is with builders now
Developers have the legal sanction to postpone project completion
BUSINESS
Extension of EMI moratorium: Be mindful of the high interest burden
Interest will continue to accumulate during the period, as it is a deferment and not a waiver
BUSINESS
Home loan EMIs to turn cheaper as RBI reduces repo rate
Banks have to reset their rates at least once every quarter
BUSINESS
Reduction in EPF contribution: Opt for VPF to make up for the decline in your kitty
It is a highly secure, tax-efficient avenue that offers better returns than most debt instruments
BUSINESS
Interest subsidy scheme for middle-income home buyers extended
Industry-watchers say the government’s move will give a boost to the real estate sector
BUSINESS
Insurers increase term cover premiums: What should policyholders do?
Premium rates could go up further over the next six months, but do not rush to buy policies without meticulous homework
BUSINESS
We are closely monitoring persistency and surrenders at the company level: HDFC Life
Over 90 per cent of our renewals come through the online mode. Digital adoption is already high for us.
BUSINESS
Mother’s Day: How expectant moms must plan their money matters
Put a financial plan in place to cover your expenses during childbirth and career break
BUSINESS
State Bank of India hikes home loan rates by 20 bps from May 1
This move comes at a time when the bank has reduced its marginal cost of funds-based lending rate (MCLR) across tenures by 15 bps, with effect from May 10
BUSINESS
Exposure to sub AAA-rated bonds much lower in the insurance sector: Exide Life
The long-term outlook for the well-managed banks remains strong, though the near-term could be challenging even for these
BUSINESS
Are hospitals overcharging for COVID treatment? Insurers to analyse claims data
Insurers have now started collecting claims data to understand the trends and identify unreasonable charges, if any
