Clipped from: https://www.business-standard.com/article/finance/finmin-mulls-changes-in-insurance-laws-to-boost-penetration-report-122091100433_1.html One of the provisions being considered is lowering the minimum capital requirement of Rs 100 crore for setting up an insurance business, sources
Category: Insurance
Latest Court Decisions are from some of the High Courts and from Supreme Court of India
Insurance Ombudsman complaint: How to file a complaint in Insurance Ombudsman: Here’s the complete procedure – The Economic Times
lipped from: https://economictimes.indiatimes.com/news/how-to/how-to-file-a-complaint-in-insurance-ombudsman-heres-the-complete-procedure/articleshow/94006764.cms Synopsis There are at present 17 Insurance Ombudsman across the country and any person who has a grievance against an insurer may make
Product launches to not be a key differentiator for insurers: ICICI Lombard ED – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/product-launches-to-not-be-a-key-differentiator-for-insurers-icici-lombard-ed/article65814940.ece The statement was made at an event to announce the launch of new products by ICICI Lombard General Insurance The speed of product
Cyber frauds: Banks step up efforts to promote safe banking habits | Business Standard News
Clipped from: https://www.business-standard.com/article/finance/cyber-frauds-banks-step-up-efforts-to-promote-safe-banking-habits-122082600255_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Apart from HDFC Bank’s ‘Vigil Aunty’, a host of private sector general insurers also offer individual cyber insurance policies The bank also sends
Read: Proposed 20% cap on agent commission could boost insurance industry
https://www.financialexpress.com/money/insurance/proposed-20-cap-on-agent-commission-could-boost-insurance-industry/2643164/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/xtx5nZ1Zj4mGxAHB6
Healthcare’s booming & banks are going all out to finance it
Healthcare’s booming & banks are going all out to finance it https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/healthcares-booming-banks-are-going-all-out-to-finance-it/articleshow/93762229.cms Download Economic Times App to stay updated with Business News – https://etapp.onelink.me/tOvY/135dde21
Read: Needing health cover
https://www.financialexpress.com/opinion/needing-health-cover/2620959/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/5K9eftkHQNBWnwGm8
Read: Is your lender asking you to buy insurance while taking home loan?
https://www.financialexpress.com/money/is-your-lender-asking-you-to-buy-insurance-while-taking-home-loan/2603539/ Shared by Financial Express android app. Click here to download https://financialexpress.page.link/PqwWZCthuQTN1VSh9
Irdai gives indicative premium growth targets to non-life insurers | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/irdai-gives-indicative-premium-growth-targets-to-non-life-insurers-122072101275_1.html The regulator’s aim is to increase non-life penetration to 2.5% from the current 1% Insurance Regulatory and Development Authority of India (Irdai). The
Health Insurance Policy: Cashless treatment at preferred hospital under health insurance policy to get easier: Here’s why – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/insure/health-insurance/cashless-treatment-at-preferred-hospital-under-health-insurance-policy-to-get-easier-heres-why/articleshow/93025018.cms Synopsis Most policyholders buy a health insurance cover primarily for the wider cashless claim facility. Expanding the scope of the most sought-after feature
Insurance regulator IRDAI allows insurers to empanel hospitals for cashless treatment – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/health-cover-irdai-allows-flexibility-to-boost-cashless-treatment/article65665725.ece The objective is to enhance the scope for offering cashless facilities across the country, according to IRDAI The Insurance Regulatory and Development Authority
Saving mothers: The Hindu Editorial on the importance of maternal health – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/saving-mothers-the-hindu-editorial-on-the-importance-of-maternal-health/article65662544.ece Data on MMR should lead to restructuring health-care systems for women Data on MMR should lead to restructuring health-care systems for women Few
Assuring health for 1.4 billion Indians: Robust public health system is the need of the hour | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/assuring-health-for-1-4-billion-indians-robust-public-health-system-is-the-need-of-the-hour/2599361/ Covering the needs of the world’s largest population calls for a robust public health system. Ayushman Bharat has elements of the health system
General insurance: Flight delayed? Know how travel insurance can help | The Financial Express
Clipped from: https://www.financialexpress.com/money/insurance/general-insurance-flight-delayed-know-how-travel-insurance-can-help/2594509/ Travel insurance can compensate passengers if a flight gets delayed, re-scheduled or cancelled Travel insurance with flight delay cover can help travellers in
*Want a lower motor insurance premium? Watch how (often) you drive | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/want-a-lower-motor-insurance-premium-watch-how-often-you-drive-122071101210_1.html Floater policies will be cost-effective, provide convenience of renewal at one go for multiple vehicles While it is too early to predict the
There’s more to what meets the eye – The Hindu
Clipped from: https://www.thehindu.com/business/Economy/theres-more-to-what-meets-the-eye/article65621408.ece Even a ‘voluntary deductible’ against which you get a discount in premium isn’t a freebie you are getting Cover Note: Insurance Jargon Even
*****Pay premium ‘as you drive, how you drive’ – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/insure/motor-insurance/pay-premium-as-you-drive-how-you-drive/articleshow/92715715.cms Synopsis “As a step towards facilitating technology-enabled covers, Irdai has permitted general insurance companies to introduce tech-enabled concepts for the motor own damage
How your car insurance will factor in your driving behaviour–INDIAN EXPRESS
Clipped from: https://indianexpress.com/article/explained/car-insurance-factor-driving-behaviour-8015897/ The Insurance Regulatory and Development Authority of India has allowed general insurance companies to introduce concepts such as “pay as you drive” and
Buy a health policy that covers treatment at home and pays for consumables | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/buy-a-health-policy-that-covers-treatment-at-home-and-pays-for-consumables-122070600979_1.html?utm_source=Spotlight&utm_medium=website&utm_campaign=Premium_11072018 Go for cashless treatment where available, as the reimbursement route is more burdensome Most policies require hospitalisation for 24 hours for claims to
Motor insurance becomes more affordable! Now Pay as You Drive, How You Drive | The Financial Express
Clipped from: https://www.financialexpress.com/money/insurance/good-news-for-vehicle-owners-now-pay-as-you-drive-how-you-drive/2585248/ IRDAI has allowed insurers to introduce concepts like Pay as You Drive, Pay How You Drive and Floater policies for vehicles belonging to
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