At its heart, the issue is more than compliance. It is the risk of possible breakdown of a strong nexus between insurance firms and motor car dealers that makes the business the top earner for the former.
Most Millennials do not realise the importance of having a critical illness insurance policy till they find themselves or their near ones in circumstances where they need it. A little extra caution -- by way of critical illness insurance -- can save the young professionals from a large hole in the pocket in the time of accumulation of wealth.
With mobile data getting cheaper, insurers are introducing technologies that eases buying and lodging claims.
Among the private banking majors ICICI Bank and HDFC Bank were down 0.2%-0.5% each.
Irrespective of your age and how good your health has been, the right time to get a health insurance is NOW, says Mukesh Kumar, Executive Director, HDFC ERGO General Insurance Company
Mukesh Kumar, Executive Director HDFC ERGO General Insurance Company, tells you how you can benefit by doing so
Apart from special services from banks for their wealth management needs, HNIs are now getting offers from insurance companies, too.
Then don't just sign the form and expect the insurance agent to do the rest. That can prove costly.