Insurers offer specialised covers depending on the type of the company, risks involved, number of employees and area of business
Travel insurance for a trip to the North East India for 7 days is available for close to Rs 100, which is insignificant when compared to the overall trip expenses.
Threats, physical and legal, loom large on insolvency professionals. Adequate insurance covers to insulate such executives are still underwhelming
After buying a life insurance product in India, if a policyholder commits suicide within 12 months, the death claim is not payable
Buying an insurance policy in the past was a matter of choice, however, today it has become a necessity. What we need to understand is the a need to buy an insurance cover.
While crop, motor losses impact general insurers’ books, protection products pull up life insurers’ profits
BSE will apply to IRDAI to become a distributor of health and general insurance products and looks to begin operations by end of December 2018
A senior general insurance executive said that having their own TPA will be beneficial for the consumers
Gifting a critical illness cover can be of great financial help as your mother ages.
Even as the government is planning to increase the coverage to 50 percent of crop area in FY19, reinsurance support could see a dip
The insurance company will increase premiums in segments where claim losses are high.
The general insurance company's combined ratio stood at 111.2 percent for FY18
Lately, new variants of family floater plans are being rolled out by insurance companies. Family Plus from Royal Sundaram is one such policy.
Both IDBI Bank and Federal Bank are looking to exit the life insurance venture.
Having a health insurance plans actually improves one’s financial health during uncertainties.
Intermediary services include insurance broking, third party administrators, surveyors and loss assessors.
For elderly parents, one must always look at a separate policy as it is cost effective than buying together with self
Nowadays, you can buy a policy having a valid period of two to three years wherein your premium amount will increase subsequently.
The deal values the life insurer at Rs 10,091 crore
The general insurer posted its maiden underwriting profit of Rs 32 crore in FY18
Shriram General Insurance will diversify within the motor business in FY19
The logic behind purchasing such a plan is that there would rarely be an instance of the entire family falling sick and needing hospitalisation or other health-related services at the same time.
Loss of baggage,missed flights,trip delays and accidental hospitalisation during trip will be covered by insurance
There are more than 50 plus travel insurance plans available in the market.
To adapt to the changing technology, insurers have been investing in digital platforms