MUMBAI: Just a fraction of Indian insurers permitted to sell Covid-19 cover are marketing the policies as they see it more as a liability than a profit-making business
Category: Insurance
Latest Court Decisions are from some of the High Courts and from Supreme Court of India
Coronavirus: Trade credit insurance sector may see rise in claims | Business Standard News
So far, there has not been a noticeable impact of the current pandemic situation on trade credit insurance Non-life insurers are keeping a close watch
Covid-19: Insurers offer relief to travel insurance policyholders – The Hindu BusinessLine
Travel policies issued by insurers such as Bajaj Allianz General and ICICI Lombard can be extended up to 180 days by paying an additional premium
As virus spreads rapidly, insurers launch affordable health policies – The Hindu BusinessLine
In the wake of the coronavirus outbreak, insurance companies are coming out with special cover against the deadly disease. In the last few days, a
coronavirus insurance policy: Are deaths due to coronavirus covered by life insurance policies? | COVID-19 Updates
Every policyholder should scrutinise the exclusions of their life insurance policy The World Health Organization (WHO) has declared the coronavirus or COVID-19 a pandemic. The
Soon, pay less and get better health cover: IRDAI hints at new changes | Business Standard News
The move is aimed at helping policyholders as the insured would pay less while getting better coverage. Health insurers cannot include the cost of pharmacy,
Coronavirus Outbreak: Expeditiously attend to claims, IRDAI asks insurers – The Financial Express
All the claims reported under COVID-19 shall be thoroughly reviewed by the clais review committee before repudiating the claims. With the spike in confirmed Coronavirus
Design policy to cover coronavirus treatment: Irdai to insurance cos – Times of India
NEW DELHI: Regulator Irdai on Wednesday asked insurers to expeditiously settle hospitalisation claims related to coronavirus disease under health policies. It also instructed insurance companies
Life insurers to sell health policies? Standalone cos to lose, say experts | Business Standard News
As far as health insurance is concerned, industry experts say, it has always been dominated by non-life insurers. The Insurance Regulatory and Development Authority’s (Irdai’s)
At last, a policy on rare diseases–Economic Times
Human suffering comes in many forms, as a result of chance, folly or nature’s quirks. Rare diseases are prime examples of the last category, arising
Revamping farm insurance | Business Standard Editorials
The package of measures announced by the government to revamp its flagship crop insurance scheme, the Pradhan Mantri Fasal Bima Yojana (PMFBY), may do more
life insurance: Check the IRDAI death claim settlement ratio of life insurers for the year 2018-19 – The Economic Times
The main purpose of buying a life insurance policy is to make sure that after your death, your nominee or legal heir gets the sum
Stick to a Simple Parametric Insurance–Economic Times
Farming is hard. Helping farmers would appear to be harder, still. Crop insurance schemes fail to help farmers, and are being revamped. Directors of the
Stick to a Simple Parametric Insurance–Economic Times
Farming is hard. Helping farmers would appear to be harder, still. Crop insurance schemes fail to help farmers, and are being revamped. Directors of the
PM Fasal Bima Yojana changes, a reply to criticism over insurance firms – The Hindu BusinessLine
It is just as well that the Centre has decided to make crop insurance voluntary for farmers, as insurance firms will have to work for
insurance: Do you have enough insurance? Use this thumb rule to find out – The Economic Times
By Ajit Menon The most important question to address while creating a financial plan is that if something untoward was to happen to an earning
health insurance: IRDAI amends definition of pre-existing diseases, a move that can reduce insurance claim rejection – The Economic Times
The insurance regulator has amended the definition of pre-existing diseases, a move which could lead to a reduction in the claim rejection rates in health
From insurance claim to contract arbitration, here are the key court orders | Business Standard Column
Flood includes rainfall for insurance claim Damage to property because of heavy rainfall is included in the definition of ‘flood’ and ‘inundation’ in the general
FM has rightly focussed on healthcare fundamentals – The Hindu BusinessLine
Healthcare as a sector is critical for nation-building in India from several perspectives. Firstly, it is the fifth largest sector in the economy, with a
How to pick a right family floater health insurance policy–Business Today
With rising medical expenses, having a health insurance plan has become quite necessary. Primarily, a person can buy two types of health insurance plans –