The rider could be attached to any of the existing group insurance polices under employer-employee groups -- group insurance, employees deposit link insurance, group gratuity and group leave encashment scheme -- on their scheme renewal date, LIC of India Chairman T S Vijayan told reporters at the launch function in Chennai.
Make sure the rider adds value rather than just adding to cost.
If you are diagnosed with a critical disease, then its treatment would be very expensive and may require intensive care and hospitalisation which your comprehensive insurance plan may not cover. In such type of cases you have to pay the cost of the whole treatment.
When illness strikes, this cover cushions the fall -- guarding health, finances, and the family's fragile future
'A policy that covers a wider range of diseases will offer greater peace of mind.'
Kolkata Knight Riders' IPL 2026 campaign continues to falter after a defeat to Gujarat Titans, placing Captain Ajinkya Rahan and Coach Abhishek Nayar under increased scrutiny.
Ricky Ponting, Punjab Kings head coach, has endorsed Shreyas Iyer as a potential T20 captain for India, highlighting Iyer's maturity and leadership qualities despite recent team setbacks.
A rider is a supplementary cover which can be purchased with the base policy by paying an additional premium.
Younger customers should opt for increasing cover as their financial commitments are likely to rise in the future.
Ask rediffGURU and PF, MF and insurance expert Purshotam Lal your mutual fund, insurance and personal finance-related questions.
A brief evaluation of what insurance riders are actually about and which one of them could be most appropriate for you.
Ask rediffGURU Naveenn Kummar your insurance mutual fund and personal finance-related questions.
Bajaj Allianz General Insurance on Monday launched a unique scheme, which covers the expenses for taking second opinion for critical illness.
While Gill's intent was to contain, former players believe he missed an opportunity to attack when it mattered most.
Ask rediffGURU and PF expert Milind Vadjikar your insurance, stocks, mutual fund and personal finance-related questions.
Its not so tough to improve insurance coverage at nominal cost.
Cover the spouse under the same policy. A joint life plan offers assurance that one will continue to receive the same financial care in case of an unforeseen loss of a partner, advises Pankaj Razdan.
'Karur could still impact Jana Nayagan's box-office success if Vijay and the TVK do not get their act together,' points out N Sathiya Moorthy.
Critical illness plans can be bought both as a benefit cover and an indemnity cover, say experts.
Warner's impressive innings came after Australia selectors on Wednesday retained him in the squad for the WTC
Self-employed individuals often face hurdles in buying term insurance due to financial documentation that doesn't fully reflect their earnings. This complicates underwriting.
Buying term insurance is not a one-size-fits-all purchase. It requires some level of deliberation to ensure that the policy aligns with your needs, life stage as well as future circumstances, says Casparus Kromhout, MD & CEO Shriram Life Insurance Company
Add-ons such as critical illness or disability due to accident are available on payment of a little extra money, and they can take care of any unforeseen, unfortunate developments, says Santosh Agarwal
Irdai to allow 12 minor changes including expansion of critical illness and day care procedure lists, premium payment in instalments, change sum assured, etc.
Sanjib Jha, CEO, Coverfox Insurance Broking answers your health insurance related queries.
Roopam Asthana, CEO and whole-time director, Liberty General Insurance Ltd, will answer your queries on HEALTH insurance and AUTO insurance.
Roopam Asthana, CEO and the whole-time director, Liberty General Insurance Ltd, will answer your queries on HEALTH and AUTO insurance.
Only a small percentage of passengers who traveled on the trains involved in the June 2, 2023 accident in Odisha had availed of travel accident insurance while booking their tickets online on the IRCTC portal.
Sanjib Jha, CEO, Coverfox Insurance Broking, answers your health insurance related queries.
Choosing a term insurance policy is an economical way of getting life insured but choosing the most economical term insurance policy will help you to get life insurance on a tight budget also
The new regulations will allow the insurers to charge an extra premium from policyholders who wish to buy riders with unit-linked insurance plans.
Pune Police on Monday said they will seek a higher court's permission to try as an adult a 17-year-old boy whose car allegedly knocked down and killed two persons in Kalyani Nagar area in Pune.
Don't sidestep the idea of investing in term insurance. Here's why.
'When buying a term insurance plan, you need to visualise today what could happen to your family tomorrow in your absence,' suggests Mahavir Chopra, director-health, Coverfox.com.
Cricket climate change to medical practice, dropped candidates have their non-political life sorted.
'Even the President does not have the power to overrule the ECI.'
Why are family floater plans so very important? Anil Rego answered readers' queries in an online chat on October 7
