Category: Insurance
Latest Court Decisions are from some of the High Courts and from Supreme Court of India
Aditya Birla Health Insurance expects agency channel to grow faster than bancassurance – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/aditya-birla-health-insurance-expects-agency-channel-to-grow-faster-than-bancassurance/article67615116.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/aditya-birla-health-insurance-expects-agency-channel-to-grow-faster-than-bancassurance/article67615116.ece The health insurance arm of Aditya Birla Capital announced on Thursday announced the launch of ‘Activ One’, a health insurance plan Aditya
Insurance Query: Should I shift to a family floater health policy? – The Hindu BusinessLine
https://www.thehindubusinessline.com/portfolio/personal-finance/insurance-query-should-i-shift-to-a-family-floater-health-policy/article67610725.ece Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/insurance-query-should-i-shift-to-a-family-floater-health-policy/article67610725.ece Here are the critical factors to be kept in mind while choosing a family floater policy I am 32. I have a
Things to keep in mind while filing a vehicle insurance claim – The Hindu BusinessLine
https://www.thehindubusinessline.com/money-and-banking/bl-explainer-things-to-keep-in-mind-while-filing-a-vehicle-insurance-claim/article67617511.ece Clipped from: https://www.thehindubusinessline.com/money-and-banking/bl-explainer-things-to-keep-in-mind-while-filing-a-vehicle-insurance-claim/article67617511.ece The first step is to ascertain the damage caused to the vehicle engine, and the likely cost of repair The widespread havoc
Why claim settlement ratios should not be the only resort – The Hindu BusinessLine
https://www.thehindubusinessline.com/portfolio/personal-finance/why-claim-settlement-ratios-should-not-be-the-only-resort/article67565727.ece Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/why-claim-settlement-ratios-should-not-be-the-only-resort/article67565727.ece The way to gain confidence on claims is by understanding the contract The mark of a good health insurance policy is the
Insurance Query: Don’t Get Fooled by Fake Agents – The Hindu BusinessLine
https://www.thehindubusinessline.com/portfolio/personal-finance/insurance-query-dont-get-fooled-by-fake-agents/article67569199.ece Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/insurance-query-dont-get-fooled-by-fake-agents/article67569199.ece Here are ways to protect oneself against fraudulent calls I am a 40-year-old working professional. My current insurance policy covers my wife
I’m 68 and plan to undergo heart surgery. My insurer will pay half of the hospital expense. What should I do? – BusinessToday
https://www.businesstoday.in/personal-finance/insurance/story/im-68-and-plan-to-undergo-heart-surgery-my-insurer-will-pay-half-of-the-hospital-expense-what-should-i-do-404426-2023-11-03 Clipped from: https://www.businesstoday.in/personal-finance/insurance/story/im-68-and-plan-to-undergo-heart-surgery-my-insurer-will-pay-half-of-the-hospital-expense-what-should-i-do-404426-2023-11-03 Insurance companies vary in their approach to procedures like heart surgery, and their policies may include co-pay provisions Insurance companies vary in
No cover till your insurer accepts your policy proposal – Money News | The Financial Express
https://www.financialexpress.com/money/your-money-no-cover-till-your-insurer-accepts-your-policy-proposal-3296687/ Clipped from: https://www.financialexpress.com/money/your-money-no-cover-till-your-insurer-accepts-your-policy-proposal-3296687/ Policy conditions kick in only after the proposal is accepted The responsibility of the customers does not end with signing the proposal
Grassroots insurance
https://www.business-standard.com/opinion/editorial/grassroots-insurance-123110101434_1.html Clipped from: https://www.business-standard.com/opinion/editorial/grassroots-insurance-123110101434_1.html SLBC-like forum could be a useful step Debasish Panda, Chairman, IRDAI (Photo credit: Kamlesh Pednekar) Listen to This Article Insurance Regulatory and
IRDAI to review bancassurance norms, forms taskforce – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/irdai-to-review-bancassurance-norms-forms-taskforce/article67480790.ece?cx_testId=23&cx_testVariant=cx_1&cx_artPos=3&cx_experienceId=EXEPURFQAOW6#cxrecs_s Contribution of banks as corporate agents is only 5.93 per cent of non-life premium and 17.44 per cent of the new business premium for
Irdai tells insurers to provide simplified policy information document starting January 1 – BusinessToday
https://www.businesstoday.in/personal-finance/insurance/story/irdai-tells-insurers-to-provide-simplified-policy-information-document-starting-january-1-403806-2023-10-30 Clipped from: https://www.businesstoday.in/personal-finance/insurance/story/irdai-tells-insurers-to-provide-simplified-policy-information-document-starting-january-1-403806-2023-10-30 Says since a policy document may be fraught with legalese, it is imperative to have a document that explains, in simple words,
Theft claim rejected as employee role suspected
https://www.business-standard.com/opinion/columns/theft-claim-rejected-as-employee-role-suspected-123102900831_1.html Clipped from: https://www.business-standard.com/opinion/columns/theft-claim-rejected-as-employee-role-suspected-123102900831_1.html According to the National Commission, the suspicious manner in which the heavy drums were stolen, without leaving any evidence, provided grounds for
Irdai sets up 12-member committee to simplify insurance policy wordings
https://www.business-standard.com/finance/insurance/irdai-sets-up-12-member-committee-to-simplify-insurance-policy-wordings-123102700422_1.html Clipped from: https://www.business-standard.com/finance/insurance/irdai-sets-up-12-member-committee-to-simplify-insurance-policy-wordings-123102700422_1.html This comes in the backdrop of the Irdai’s observation that policyholders often find it difficult to understand the terms and conditions in
Irdai excludes retail sector of general insurance from arbitration clause
https://www.business-standard.com/economy/news/irdai-excludes-retail-sector-of-insurance-industry-from-arbitration-clause-123102701174_1.html Clipped from: https://www.business-standard.com/economy/news/irdai-excludes-retail-sector-of-insurance-industry-from-arbitration-clause-123102701174_1.html Following the amendment, the clause will only apply to commercial lines of business Listen to This Article The Insurance Regulatory and Development
Insurance query: How to make the claims process friction-free – The Hindu BusinessLine
https://www.thehindubusinessline.com/portfolio/personal-finance/insurance-query-how-to-make-the-claims-process-friction-free/article67465429.ece Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/insurance-query-how-to-make-the-claims-process-friction-free/article67465429.ece Here are seven steps that can ensure that one’s life insurance claims are paid without hassle I recently experienced first-hand the usefulness
General insurance will grow by 18-24% in FY24: Kishore Kumar Poludasu
https://www.business-standard.com/companies/interviews/general-insurance-to-grow-by-18-24-in-fy24-sbi-general-insurance-md-ceo-123102400545_1.html Clipped from: https://www.business-standard.com/companies/interviews/general-insurance-to-grow-by-18-24-in-fy24-sbi-general-insurance-md-ceo-123102400545_1.html SBI General Insurance is a multi-product and multi-channel distribution network, said Poludasu Kishore Kumar Poludasu Listen to This Article Retail health insurance
Insurance Query: Travel Insurance For The Elderly – The Hindu BusinessLine
https://www.thehindubusinessline.com/portfolio/personal-finance/insurance-query-travel-insurance-for-the-elderly/article67412157.ece Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/insurance-query-travel-insurance-for-the-elderly/article67412157.ece How senior citizens travelling overseas can protect themselves with the most suitable coverage I am a 66-year-old senior citizen with a pre-existing
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