Agents often influence customers into buying new products every year instead of continuing with their existing policies
When large companies fall into financial difficulties, it always amazes me to see where they turn first for help in overcoming their problems -- to their hourly workers and other frontline employees, who are asked to take pay cuts and reductions in benefits such as health insurance and pensions.
Wait till these are refiled as it will give you added benefits.
Putting together all the required documents and surmounting legal hurdles could be a challenge for the nominee.
If you have seen Zwigato, Param Kumar's story will sound familiar. Laid off from his job as a repairman at a Gurugram-based water purifier provider, he now delivers groceries and food for a mobile-based delivery app, in Delhi. Kumar, who started making deliveries last August, told Business Standard that he is working longer hours than his older salaried job as an RO repairman, and has no paid leaves or health insurance. Kumar is part of India's estimated 7.7 million-strong force of gig workers.
The Bill will come up for discussion in the upcoming winter session of the Parliament.
Instead of enhancing the sum insured of your basic policy, a more cost-effective option is buying a super top-up policy.
According to Section 80D, the premium paid for medical insurance is deductible from your income up to Rs 15,000 a year
Surprised? Well, old age is no more associated with uncertainties with insurance companies coming out with specific plans for this segment!
Take these factors into consideration before buying a healthcare policy
The new Insurance Bill will boost investment in the sector
The Budget has increased the limit of deduction for medical expenditure in respect of certain critical illness
Why are family floater plans so very important? Anil Rego answered readers' queries in an online chat on October 7
Tenants insurance offers a person living in a rented house cover against losses arising from theft, fire and natural calamities, among other things.
The budgetary allocation for the sector is Rs 60,908.22 crore, with Rs 6,400 crore earmarked for the centre's flagship health insurance scheme Ayushman Bharat- Pradhan Mantri Jan Arogya Yojna (AB-PMJAY).
'Every hospital now tracks length of stay closely.' 'More efficiency is brought into the system now.'
Health insurance has become a modern day necessity. Hence, it is vital that we understand how it works to make the best of it.
You are charged the same premium and also enjoy continuity benefits
Health portability came into force this month. However, financial planner Gajendra Kothari is advising health insurance clients to wait and watch before shifting one's insurer.
The order eases restrictions that the Affordable Care Act (placed on the individual health insurance market).
One can't run away from death so this is the time that YOU must create your own death file. P V Subramanyam explains what you must know about this most essential financial tool.
If you quit or change jobs in your 40s, buying an individual term plan will be expensive. You might not even get one if you have health problems, says Priya Nair
The Congress has so far announced 82 candidates for the seven-phase Lok Sabha polls beginning April 19.
Currently, the select committee is considering the Bill.
Ayushman Bharat aims at providing a cover of Rs 5 lakh per family annually and is aimed at benefitting more than 10 crore poor families across the country.
'If you look at household hospitalisation compensation, then you will find only one-third is hospitalisation. Two-thirds is outpatient.' 'Even if you provide Rs 5 lakh coverage, people will still have a tough time.'
Ensuring health insurance for all workers would be major challenge for the industry that is already grappling with cash crunch, and the government should have borne the cost.
The 78-year-old Naveen is on the cusp of creating history. He must win the forthcoming Assembly polls to become India's longest-serving chief minister, a record held by Sikkim's Pawan Kumar Chamling.
Understand the magic that SIP brings to the table for you as an investor, says Satyen Kothari. You can start by investing as little as Rs 500 per month.
Study reveals alarming trend.
We want to know from you, dear readers, what you think about Jaitley's budget.
As many as 11 newspersons have died of the infection in Odisha since the beginning of the pandemic, sources said.
Since no insurance companies share data on their claims with each other, the finance ministry and Irdai suspect that a lot of the resultant claims are duplicates.
Here are some golden nuggets when it comes to creating wealth. Read them and if you find yourself saying, 'This everybody knows', cross your heart and ask yourself how many times you have forgotten these simple rules, says P V Subramanyam.
A month down the line, you may be holding insurance policies in electronic form. According to sector experts, the regulator is in the last lap of checking repositories' preparedness and infrastructure, and is likely to allot licences by May-end or early June.
To reduce costs, take advantage of the no-claim bonus, buy top-ups or shop a bit.
.jpg)
Pricing of products by hospitals was not regulated, Kumar said at an interaction organised by Merchants Chamber in Kolkata.
First-time buyers advised to take offline route, so are those looking for specific feature or higher cover.
Berkshire India will soon start selling life insurance products as a corporate agent of Bajaj Allianz Life Insurance.
Flooding this monsoon underscores the need to buy home insurance, says Tarun Mathur.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances