Clipped from: https://www.business-standard.com/finance/insurance/non-life-insurers-to-meet-dfs-secy-for-revision-in-motor-third-party-rates-125043001441_1.html Cession is the portion of insurance premiums that insurers pass on to a reinsurer, in this case, GIC Re According to the Motor
Category: Insurance
Latest Court Decisions are from some of the High Courts and from Supreme Court of India
Motor insurance: Driving with expired licence can lead to claim rejection | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/motor-insurance-driving-with-expired-licence-can-lead-to-claim-rejection-125041800461_1.html While a 30-day grace period is available for licence renewal, the Motor Vehicles Act of 2019 clearly states that driving with an expired
*Insurance coverage. Reimbursement of hospitalisation expenses needs to improve – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/insurance-coverage-reimbursement-of-hospitalisation-expenses-needs-to-improve/article69137502.ece The disparity between the coverage rates and actual reimbursements highlights the urgent need for comprehensive reforms in the design and implementation of health
*Standalone health insurers have the best financial health, IRDAI data show – The Hindu BusinessLine
👍Inadequate cover – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/inadequate-cover/article69039498.ece India needs better measure of insurance penetration The Centre and Insurance Regulatory and Development Authority of India (IRDAI) have been working on blueprints
A Year of Change in Health Insurance: Amit Chhabra, CBO – General Insurance, Policybazaar – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/a-year-of-change-in-health-insurance-amit-chhabra-cbo-general-insurance-policybazaar/article69030210.ece Amit Chhabra of Policybazaar summarises the changes in health insurance in 2024 and the gaps that need to be addressed in the future
👍Ayushman Bharat Yojana: Hospitals denying you treatment despite having Ayushman Card? Govt suggests THIS – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/ayushman-bharat-yojana-hospitals-denying-you-treatment-despite-having-ayushman-card-govt-suggests-this-3697687/ Here’s how the government addresses grievances under Ayushman Bharat Yojana when hospitals deny treatment to eligible beneficiaries with an Ayushman Card. Ayushman Bharat
👍88 mn women screened for cervical cancer under national programme: Govt | Health News – Business Standard
Clipped from: https://www.business-standard.com/health/88-mn-women-screened-for-cervical-cancer-under-national-programme-govt-124121701105_1.html Under the same programme, over 14 crore were screened for breast cancer and more than 26 crore for oral cancer Nearly 56,000 breast
Drunken driving rules: Does law allow some amount of alcohol while driving? Does your insurance cover such mishaps? – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/insurance/story/drunken-driving-rules-does-law-allow-some-amount-of-alcohol-while-driving-does-your-insurance-cover-such-mishaps-456962-2024-12-11 The Motor Vehicle Act of 1988 specifies consequences for drivers found operating a vehicle while under the influence of alcohol or alcohol-like substances.
Export insurance claim dismissed over delayed declarations, premium | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/export-insurance-claim-dismissed-over-delayed-declarations-premium-124120800705_1.html Advance premium had to be deposited to secure coverage under Section 64VB of the Insurance Act. Failure to fulfil this obligation meant the
👌👌👌 Zerodha’s Nithin Kamath warns: Your insurance policy might let you down – BusinessToday
https://www.businesstoday.in/personal-finance/insurance/story/zerodhas-nithin-kamath-warns-your-insurance-policy-might-let-you-down-456342-2024-12-05 Kamath shared data from insurance startup Ditto which reveals 31% of rejections stem from non-admissible claims, often due to waiting period issues. Health insurance
Two Veterans Start a Health Insurance Firm: Should You Take Their Cover? – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/two-veterans-start-a-health-insurance-firm-should-you-take-their-cover/article68956653.ece Many innovative and much-needed aspects have been added to Galaxy Promise, a new health insurance venture’s maiden offering Two veterans from different industries
Two Veterans Start a Health Insurance Firm: Should You Take Their Cover? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/two-veterans-start-a-health-insurance-firm-should-you-take-their-cover/article68956653.ece Many innovative and much-needed aspects have been added to Galaxy Promise, a new health insurance venture’s maiden offering Two veterans from different industries
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