Clipped from: https://www.thehindubusinessline.com/money-and-banking/motor-own-damage-cover-irdai-permits-sophisticated-add-ons/article65608190.ece Way of driving, use of vehicles now turn important Now your way of driving and use of vehicles can determine the nature of
Category: Insurance
Latest Court Decisions are from some of the High Courts and from Supreme Court of India
*Why do small businesses need insurance urgently? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/why-do-small-businesses-need-insurance-urgently/articleshow/92611894.cms Synopsis Lack of awareness, coupled with thin margins, makes insurance a low priority, and business owners often neglect insurances the law does not
*****Surety Bonds stuck: Irdai asked to come up with model product | Business News,The Indian Express
Clipped from: https://indianexpress.com/article/business/banking-and-finance/surety-bonds-stuck-irdai-asked-to-come-up-with-model-product-7979067/ Road Transport Minister Nitin Gadkari had met the CEOs of some general insurance companies to fix some of legal and technical hitches that
*****How to identify a good cover for heart patients? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/insurance-queryidentifying-a-good-cover-for-heart-patients/article65484098.ece Insurers have come up with customised fixed benefit health plans catering to conditions related to heart or critical illness plans I am 45
General insurers urge IRDAI for mandatory KYC of customers – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/general-insurers-urge-irdai-for-mandatory-kyc-of-customers/article65496778.ece At present, sharing KCY details is voluntary while purchasing a general insurance product Non-life insurers have requested the insurance regulator IRDAI to permit
*****What is Life Insurance Underwriting and How Is It Done? Here’s What Buyers Need to Know | The Financial Express
Clipped from: https://www.financialexpress.com/money/insurance/what-is-life-insurance-underwriting-and-how-is-it-done-heres-what-buyers-need-to-know/2548544/ Life Insurance Underwriting is the process by which life insurance companies determine a customer’s eligibility for a particular policy. Representative image By Anup
*****Motor Insurance: The starting point to a smooth ride | The Financial Express
Clipped from: https://www.financialexpress.com/money/insurance/motor-insurance-the-starting-point-to-a-smooth-ride/2547965/ What to keep in mind for a smooth motor insurance claim settlement It’s also important to think how to safeguard your vehicle, and
Centre hikes premium for flagship insurance schemes as claims rise | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/centre-hikes-premium-for-flagship-insurance-schemes-as-claims-rise-122053101447_1.html Premium raised first time in seven years, will make schemes viable and encourage more private insurers to join The Centre has increased the
*****The need for Property Insurance in today’s scenario | The Financial Express
Clipped from: https://www.financialexpress.com/money/insurance/the-need-for-property-insurance-in-todays-scenario/2544144/ Property insurance forms a significant part of insurance policies today. Here are some of the key types of property insurance that consumers should
*Third-party motor insurance premium to go up from June 1 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/third-party-motor-insurance-premium-to-go-up-from-june-1/article65462622.ece This will jack up the insurance cost of cars and two-wheelers. The Ministry of Road Transport and Highways (MoRTH) on Wednesday increased the
*Health Insurance Policy: How to select the right health insurance policy – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/insure/how-to-select-the-right-health-insurance-policy/articleshow/91695625.cms Synopsis Network hospitals offer a cashless claim facility wherein the insurance company directly settles the claim with the hospital. One should check whether
*****Insurance Query: How do I port my health insurance policy? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/insurance-query-how-do-i-port-my-health-insurance-policy/article65429851.ece Before porting your policy, make sure to on the waiting period in your new policy and if you are being passed on all
*Demystifying life insurance jargons | The Financial Express
Clipped from: https://www.financialexpress.com/money/insurance/your-money-demystifying-life-insurance-jargons/2519407/ The policyholders must read the entire policy document very carefully and in case of any doubts, call up the insurance agent or even
*****Insurance cover: Why you need to buy home insurance | The Financial Express
Clipped from: https://www.financialexpress.com/money/insurance/insurance-cover-why-you-need-to-buy-home-insurance/2519373/ Review your home insurance requirement every year so that your home does not remain underinsured following an enhancement in the value of your
*****Why you must opt for comprehensive health cover over and above your corporate insurance | The Financial Express
Clipped from: https://www.financialexpress.com/money/insurance/why-you-must-opt-for-comprehensive-health-cover-over-and-above-your-corporate-insurance/2508578/ While it’s great to have corporate insurance as an additional layer of protection, the key ingredient to shield you from rising medical inflation
General insurers seek clarity on various provisions from IRDAI – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/todays-paper/tp-markets/general-insurers-seek-clarity-on-various-provisions-from-irdai/article65325148.ece Pricing, reinsurance, default, solvency margins arekey concerns General insurance companies have sought clarity from the Insurance Regulatory and Development Authority of India (IRDAI)
Things to consider before buying a health insurance policy | The Financial Express
Clipped from: https://www.financialexpress.com/money/things-to-consider-before-buying-a-health-insurance-policy/2492241/ The rapid growth of medical inflation has increased operating costs for the healthcare industry. These are inevitably passed on to patients. A group
*****Health insurance policy: Important terms to know | Deccan Herald
Clipped from: https://www.deccanherald.com/business/business-news/health-insurance-policy-important-terms-to-know-1099510.html Today, having a health insurance policy has become a necessity to ensure that we are well covered in case of any health-related exigency
*****Claims ratio of Fasal Bima scheme dips to 61% in 2020-21 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/claims-ratio-of-fasal-bima-scheme-dips-to-61-in-2020-21/article65288046.ece May bring private insurers back into crop insurance business Claims to premium ratio under Pradhan Mantri Fasal Bima Yojana (PMFBY) and other crop
*****Home insurance to keep the roof over your head | The Financial Express
Clipped from: https://www.financialexpress.com/money/insurance/your-money-home-insurance-to-keep-the-roof-over-your-head/2478082/ Bharat Griha Raksha is a simple policy for all house owners with annual premium as low as Rs 250 for a sum assured