Ensure that you do your due diligence when renewing your health insurance so that you don’t have to face any issues in the future
Buying a policy at an early age helps you to lock your premium at a lower cost and reduce the total expenditure on life insurance over the course of time.
Health insurers can incentivise policyholders who meet wellness criteria by offering reward points or lowering health insurance premiums at the time of renewal. This feature is a win-win for both parties.
Taking treatment at non-cashless network hospitals, ‘unnecessary’ hospitalisation and ‘unreasonable’ charges are some of the lesser-known causes due to which your health insurance claims could get rejected
Insurance-cum-investment schemes are illiquid and have large penalties for early exit. This is not explained to customers, and most who have to exit due to an emergency, have to do so with huge losses.
This Mother’s Day, you should consider purchasing an adequate and comprehensive health insurance cover for yourself and your family.
For insurers, the electric vehicle insurance segment is work in progress and the recent incidents of fire have added to pricing complexities. Brace yourself for higher EV premiums if the recent string of battery problems continues
The objective of MI is to empower people to cope with and recover from common risks such as death of the breadwinner, paying for treatment of serious illnesses, reconstructing destroyed homes and businesses
The company offers a range of financial products, such as mutual funds, fixed deposits, bonds, insurance policies, among others.
Manufacturers like Okinawa, Pure EV and Ola have recalled 7,000 electric two-wheelers, which shows that they are stepping in to ensure that human lives are saved and a crisis is averted in the electric vehicle industry, Agarwal said.
The main difference is that home loan insurance covers property, while a term policy covers a person’s life
The life insurer’s value of new business grew by 22 percent for FY22, higher than the 14 percent growth seen in FY21. Yet another important profitability metric, the new business margin, showed a sharp improvement as well
Health insurance policies with deductibles and multi-year premium discounts can cushion the premium hike impact, but coverage will not be comprehensive.
"...This investment will help leverage ADIA’s global expertise and experience to further propel HDFC Capital towards becoming a leading investment platform,” said HDFC chairman Deepak Parekh.
The Pradhan Mantri Garib Kalyan Package insurance scheme for healthcare workers fighting COVID-19 has been extended for a period of 180 days from April 19 in order to provide a safety net for dependents
Medical insurance policies don’t cover all expenses incurred on hospital treatment. Becoming aware of the exceptions will help in the selection of a medical policy and reduce one’s out-of-pocket expenses.
A recent survey conducted by the Life Insurance Council showed that 91 percent of those surveyed are aware of what an insurance policy is, but only 60 percent own a policy.
Caesarian surgery costs range from Rs 70,000 to Rs 2 lakh, but most employers’ maternity covers come with cap of Rs 50,000, says a Plum study of 1094 corporates across India
Will seek feedback from policyholders on complaint resolution, lay emphasis on data analytics to ensure quick corrective action, says IRDAI chief Debashish Panda
If AIG were to cut back cover for businesses and companies operating in Russia and Ukraine it would be the first major insurer to do so, potentially paving the way for others to follow suit.
Easier capital requirement norms and quicker regulatory approvals for insurers on the cards
The absence of a valid motor insurance policy will expose you to the risk of huge financial and personal loss, in the event of an accident. The absence of a policy can also land you in legal trouble.