Category: Insurance

Clipped from: https://www.thehindubusinessline.com/money-and-banking/fm-speaks-to-irdai-chairman-on-covid-insurance-claims/article34390040.ece As on 20/4/21, over 9 lakh Covid-related claims have been settled, Nirmala Sitharaman tweeted Finance Minister Nirmala Sitharaman has said that she had

Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/know-the-two-circumstances-under-which-insurers-waive-premium/article34402711.ece …when you’re critically ill or disabled Two neighbours’ daily routine of watering plants leads to an interesting conversation. Sindu: The hydroponic farm is open

Clipped from: https://economictimes.indiatimes.com/wealth/personal-finance-news/irdai-existing-policy-to-cover-hospital-stay-for-vaccine-after-effects/articleshow/81582889.cmsSynopsis Amit Chhabra, health insurance head at Policybazaar.com, said this IRDAI notification clarifies that any hospitalisation on account of after-effects of vaccination, that require

Clipped from: https://economictimes.indiatimes.com/wealth/insure/recovered-from-the-coronavirus-you-might-find-it-difficult-to-get-health-life-insurance-instantly/articleshow/82210586.cmsSynopsis There are many comorbidities which are becoming critical in case of covid infections and insurers have also increased their testing to identify such

Clipped from: https://www.thehindubusinessline.com/money-and-banking/third-party-motor-insurance-premium-may-go-up-in-2021-22/article34374957.ece?homepage=true The general insurance industry is hoping for an increase in third party motor insurance rates for 2021-22. The rates are notified by the

Clipped from: https://www.business-standard.com/article/pf/be-mindful-of-sub-limits-on-mental-illnesses-in-your-insurance-cover-121042100018_1.html OPD covers compensate for counselling sessions, but these always have a sub-limit According to the Mental Healthcare Act of 2017, there can be

Clipped from: https://economictimes.indiatimes.com/wealth/insure/motor-insurance/how-to-register-a-motor-insurance-claim/articleshow/82116328.cmsSynopsis Take the vehicle to the garage for repairs as soon as the accident happens. All bills issued by the garage need to be

Clipped from: https://www.financialexpress.com/money/insurance/how-to-renew-your-lapsed-life-health-and-motor-insurance-policy/2235392/ If any of your insurance policies has lapsed due to unavoidable circumstances, there are ways how you can review or renew your lapsed

Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/should-you-opt-for-family-floater-plan-to-lower-premium/article34344059.ece Do keep in mind that premium may go up in case one of the members has a pre-existing condition A health insurance policy

Clipped from: https://www.business-standard.com/article/pf/low-sum-insured-sub-limits-give-rise-to-partial-payouts-experts-121041301412_1.html Supplement a policy with a substantial emergency corpus According to the GIC data, since the start of the pandemic, general and health insurers

General insurance: No differential rates for similar risks, says Irdai – The Financial Express https://www.financialexpress.com/money/insurance/general-insurance-no-differential-rates-for-similar-risks-irdai/2230257/Premiums should ensure the product or add-on is viable, generating a

Clipped from: https://www.businesstoday.in/money/insurance/health-insurance-with-rs-1-crore-cover-sees-35-growth-amid-covid-19-fear/story/436212.html Data available from Policybazaar shows the penetration of such policies has grown from 2 per cent to 35 per cent between 2019 and

Clipped from: https://www.business-standard.com/article/finance/irdai-brings-draft-rules-for-general-insurers-on-product-design-pricing-121040501078_1.html The regulator has asked all stakeholders to give their views on the draft guidelines before April 26 “The Authority may fix lower than