Insurers will be asked to provide reasons for non-compliance of the rules to only offer e-insurance
While vacation may be a time to relax, things could take a serious downturn if you have a medical emergency, lose your passport or luggage.
Consumers should understand their needs before buying or investing in a life insurance policy as there are diverse investment options.
The general insurance company is a joint venture between SBI and Australia's IAG
Insurance companies could face tough competition from Amazon and Google in attracting customers
Two reasons can be attributed to the abysmal state of affairs in crop insurance. One is operational and second is fiscal in general and financial in particular.
Ability to pay premium in future plays a significant role in deciding the type of policy.
In 2016, the company had acquired Vantage Insurance Brokers in India
It is a risk management technique in which an investor sets aside a sum of money to be used to remedy an unexpected loss.
Health coverage could be extended at a nominal cost by opting a top up or super top up health plan which comes with the deductible or threshold limit.
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.