Apart from rail mishaps, the coverage would take care of terrorist attacks and accidental fall of a passenger from a train and normal accidents, riots, robbery and dacoity
The non-life insurance industry has received over 1 million Covid-related claims in the first quarter of the current fiscal year (Q1FY22), higher than in the entire FY21, indicating the severity of the second wave of the pandemic. According to the General Insurance Council data, which is not publicly available, non-life insurers have received 1.22 million Covid-related claims so far in FY22 and have settled 944,573 of those worth Rs 9,178 crore. In comparison, they had received 986,366 Covid claims in FY21 and settled 849,034.
These schemes came into force from June 1.
Experts suggest that it's best to go for the bundled product that has only one-year own damage cover.
The smartphone has become our buddy and we owe it a good insurance policy to ensure it's protected at all times, says Naval Goel
You will be much better off buying the required plans directly from life and general insurers, experts tell Chirag Madia
Apart from special services from banks for their wealth management needs, HNIs are now getting offers from insurance companies, too.
The online channel has only been successful in making inroads in metro cities.
Parts of electric cars are costlier and repairing often means replacing an entire system, which drives insurance premium rates up.
According to Section 80D, the premium paid for medical insurance is deductible from your income up to Rs 15,000 a year
'Check every SMS you get. Many people ignore them.' 'Remember if there is an activity in your account, your financial institution will send you an SMS, not a WhatsApp message.'
Its not so tough to improve insurance coverage at nominal cost.
Don't panic if your car is stolen because your insurer is liable to pay the full amount as compensation, but you need to keep in mind that your claim should be genuine because most of the insurers try to avoid such claims, says Harjot Singh Narula
Personal accident cover should be purchased by everyone, irrespective of age, occupation or health condition, as one does not know when an accident could occur, causing hardship to the family.
FII stance, progress of monsoon, crude oil and rupee movement are likely to dictate the trend.
The size of the Indian financial services market could touch around $340 billion in the next few years.
Inflow of more funds is likely to widen the reach of insurance and drive M&A activities in the sector where growth has stalled.
The solutions developed by the company cover a broad spectrum, including helping recruiter's gauge the behavioural profiles of candidates during virtual job interviews and assisting in real-time translation in vernacular languages, among others.
Install blockers to prevent falling prey to cryptojacking.
West Bengal signed an MoU with the Centre for jointly implementing Ayushman Bharat but so far officials have received no word about how it will be done and the deadline is almost here.
'Kerala isn't as dependent on agriculture like Bihar or Odisha or even other southern states.' 'Economic losses would not be too intense, unlike other states.' 'The floods could, at best, impact India Inc's earnings for a quarter or two.'
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
Seven students were made international offers.
The online world is driven by convenience, simplicity and speed.
Experts believe the market will fall between 1 and 3%.
Does the rally reflect expectations of improving fundamentals or they are likely to correct?
Sarvesh Agrawal tells Shobha Warrier about how he built a start-up "of the interns, by the interns and for the interns."
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances