Cost of health care is rising at a fast clip.
Here's how you can make buying insurance the cakewalk that it is, says Anit Jain
In HDFC Life, the company has to pare 1.43 per cent, and in HDFC Ergo, it has to pare only 0.58 per cent.
While initially, the claim amount was high, it has now moderated with many states prescribing a standard treatment rate for Covid-19. Of the total claims received, nearly 66,000 claims amounting to Rs 628.95 crore have been settled so far.
Travel insurance policies do not generally cover adventurous or sporting activities such as bungee jumping, paragliding, mountain climbing, or white water rafting, which fall under hazardous activities.
With natural and man-made calamities posing a risk to your home, it makes sense to buy home insurance
Life insurers need applicants to abstain from tobacco for up to five years.
General, life insurers with 8 & 10 yrs in biz, respectively, may have to list
ICICI Lombard General Insurance on Tuesday launched a travel insurance scheme for students going abroad for higher studies.
Most policies have a 30-90 days waiting period, during which you will not be able to claim any hospitalisation expense, except in case of accidents.
Have a query regarding health insurance or mediclaim policy? Maybe we can help. Drop us a line and our expert, Harsh Roongta, CEO of Apnapaisa.com, will answer it.
Mutual funds' largecap investment universe is expected to see seven changes in the upcoming stock reclassification exercise by the Association of Mutual Funds in India (Amfi). According to a report by IIFL Securities, Hero MotoCorp, Zydus Lifesciences, JSW Energy, NHPC, Bharat Heavy Electricals, Bosch and Samvardhana Motherson are expected to earn upgrades in the revised list of largecap, midcap and smallcap stocks set to be released in the first week of July. Amfi revises the list at the start of January and July every year based on the previous six-month performance of the stock.
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
ICICI Prudential Life Insurance Company (IPru) is struggling to generate growth in the value of new business (VNB). This is due to a combination of weak growth through the parent bank's channels, a shifting product mix in favour of unit-linked life insurance policies (ULIPS), and higher payouts to third-party channels. Leverage from current investments, a further reduction in contributions from ICICI Bank, and a pick-up in non-participating policies from the end of the year is key for this metric in the near to medium term.
You need not shell out the big bucks to be pampered. Buy a health cover and enjoy luxury treatment at a spa, join a gymnasium or a yoga centre and get the necessary incentives that suit your budget.
The change in policy for the three companies, from listing to merger, shows the level of discomfort within the government about their ability to take on the expanded load for insurance coverage with their current financial strength, including the massive premium and claim settlement cover under the proposed universal health coverage plan announced in Budget 2018.
Twenty years after India's insurance sector was opened up, unshackling the control of state-owned companies, as many as 50 private players have set up shop. Along with their foreign partners, private players have brought about a sea change in the product offering, distribution and underwriting processes, and services levels. Yet, India's insurance penetration needle has not moved much.
According to Section 80D, the premium paid for medical insurance is deductible from your income up to Rs 15,000 a year
Analysts say large issue sizes and high prices were key reasons for the poor response to IPOs of other public sector insurance entities. The high share price meant small investors did not foresee any listing gain
The Bill will come up for discussion in the upcoming winter session of the Parliament.
But, neither were the big companies interested in growing inorganically nor were the smaller ones ready to offer themselves for sale.
Hurdles such as approvals for repair and fixed rates can make the process time-consuming.
The devastation caused by the current deluge has damaged hundreds and thousands of homes and vehicles.
Buy comprehensive motor insurance policy to guard against natural calamities.
Critical illness plans can be bought both as a benefit cover and an indemnity cover, say experts.
Cyber crimes caused by the insured's employees also get covered under the policy but would exclude the actual perpetrator.
Dr Reddy's Laboratories Ltd expects the locally manufactured Russia's COVID-19 vaccine Sputnik V to be available from September-October period, a senior official of the city-based drug maker said.
Parts of electric cars are costlier and repairing often means replacing an entire system, which drives insurance premium rates up.
Half of the smoking population in the country thinks smoking 'within limits' is harmless, a survey by a private general insurance firm has found.
Home healthcare remains a niche segment in India even today. Nightingale provides services, starting from family physicians, short- and long-term nursing care, post-hospitalisation care and physiotherapy to stroke rehabilitation, respiratory care, bedside caregivers and attendants, intensive care at home, lab tests and speech therapy.
As India's top designers including Tarun Tahiliani, Vikram Phadnis, David Abraham, Rohit Bal, Rajesh Pratap Singh and Wendell Rodricks gather in Varanasi today to try and give a boost to the Benarasi handloom sari, in an initiative by designer turned BJP politician Shaina NC, Rashme Sehgal outlines the crisis facing the weavers.
The railways is expecting a revenue of Rs 1,84,820 crore during the current financial year (FY17).
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Not only does yoga help beat stress, it also helps them stay agile physically and mentally, say CEOs.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
There will be higher charges for bank account-holders.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
Only three percent of Indians pay income tax; our tax-GDP ratio is among the lowest in the world. This must change. Our elites must realise that India's poverty has damaging consequences for them, and that they can help decrease it. The food security bill, with all its limitations, will hopefully contribute to generating such awareness, says Praful Bidwai.
