Send a written complaint, with supporting documents, to the insurer’s grievance redressal officer, and get an acknowledgement. If you feel that there was a lapse or negligence
Category: Insurance-Health-Vehicle-Life etc
Latest Court Decisions are from some of the High Courts and from Supreme Court of India
LIC: Next on the agenda: Mega state-run general insurer like LIC
The public-sector insurers’ losses shrank to Rs 12,603 crore in FY18 from Rs 16,012 crore in FY17. India is looking to establish a single, mega
Large not the reform insurance needs
Large not the reform insurance needs The government reportedly proposes to merge all state sector general insurance companies into one large entity. Curtailing competition in
Motor insurance: Premium for third-party cover rises, new rates come into effect from June 16 – The Financial Express
In the draft exposure, the regulator had also proposed a 15% discount on the premiums for electric vehicles. From June 16, the premium for mandatory
Can spouses split health insurance premium to claim tax benefit under section 80D? – The Economic Times
While theoretically you can split the premium and claim the tax benefit separately, practically you may face a problem if any scrutiny arises. If a
Home Insurance: Check out best home insurance plans in India and what do they cover – The Financial Express
It is important to note that a home insurance policy does not cover the land on which your property stands. Home is one of the
ET Wealth Wisdom: When should you dump your health insurance cover? | The Economic Times Podcast
Not having the right health insurance policy implies that you will not be able to pay for the medical contingency at hand. But have you
Health cover gets better, broader – The Hindu BusinessLine
The regulator is considering the option where the policyholder can receive the amount in lump-sum or in equated instalments – istock/utah778 IRDAI may ban
Cancer insurance: All you want to know on how to prepare for various scenarios – The Hindu BusinessLine
Indemnity-based cancer policies from health insurers are the best choice today The risk of cancer is real. Every year new studies are showing increasing instances
Health Insurance: Claim settlement process of health insurance: TPA Vs In house claim department–Economic Times
The claims settlement process is one of the most important aspects of an insurance policy, especially if it is a health cover. A policyholder‘s health insurance claim can get settled
Car Insurance Policy: Why your motor insurance policy will not pay full cost of car damage repair–Economic Times
Make sure you check what all are covered under the motor insurance scheme you are planning on getting. Even if you have taken a standard
Your health policy may soon cover all flanks – The Hindu BusinessLine
IRDAI panel for weeding out many exclusions Currently available health covers are likely to get more broad-based soon with a panel constituted by the Insurance
Insurance regulator proposes higher third-party premium for cars, two-wheelers – The Hindu BusinessLine
Regulator moots discount for electric vehicles Third-party motor insurance premium rates are set to go up in the current financial year. Though new premium rates
Insurers can’t deny cover for mental illness, adventure sports enthusiasts – The Economic Times
Insurance regulator IRDAI on Friday came out with new rules that will have widespread ramifications for health insurers and the general public. Insurers henceforth cannot decline coverage to
From insurance claims to accident policy, here’re the key court orders | Business Standard News
SC upholds insurance claim rejections Life insurance companies won three cases in the Supreme Court last week as it upheld the rejection of claims on various grounds.
Flagship crop insurance scheme finds fewer takers in kharif 2018 – The Hindu BusinessLine
The number of farmers enrolled for the Pradhan Mantri Fasal Bima Yojana (PMFBY) during kharif 2018 was 3.43 crore, marginally lower than the figure in
From July 1, insurers to provide claim tracking mechanism – The Hindu BusinessLine
Access to credit is not the same as enabling a credit card, according to Brett King, acclaimed influencer in financial services, Co-Founder and CEO of
Can’t reject claims based on new issues | Business Standard Column
An insured who is aggrieved by the repudiation of this claim can challenge the repudiation by filing a consumer complaint. While defending the case, can
How to claim car insurance in case your car catches fire – The Financial Express
What if the documents related to your car such as registration papers and insurance policy gets damaged or burnt? The Aero Show 2019 in Bengaluru
Settlement of health-cover claim must improve, says IRDAI chief – The Hindu BusinessLine
Insurance regulator Insurance Regulatory and Development Authority of India (IRDAI), on Monday, asked health insurers and health providers to raise the bar on “claim settlements”,
