News for 'Third Party Insurance'

e-Shram may open door to govt benefits for workers

e-Shram may open door to govt benefits for workers

Rediff.com15 Apr 2024

The Bharatiya Janata Party (BJP) led central government will use the unorganised workers database - e-Shram portal - to provide the benefits of various government programmes to the nearly 300 million workers over the next five years, if it is voted to power for the third consecutive term in the upcoming general elections. "We have registered unorganised workers on the e-Shram platform. "We will reach out to the e-Shram registered 'shramik bandhu' and help them avail the benefits of various government programmes that they are eligible for," the manifesto of the party read.

Own a fancy car? Tips to protect your car

Own a fancy car? Tips to protect your car

Rediff.com10 Jul 2018

Owners of high-end vehicles should explore more options such as engine protection, invoice cover and plans that cover accessories, says Animesh Das.

A dummy's guide to student travel insurance

A dummy's guide to student travel insurance

Rediff.com6 Aug 2017

Here are all the things you need to know so that you worry about nothing but your grades, says Mahavir Chopra. Read on!

Health insurance cos can no longer reject claims arbitrarily

Health insurance cos can no longer reject claims arbitrarily

Rediff.com6 Jul 2015

To plug claims mismanagement, the Insurance Regulatory and Development Authority of India (Irdai) is bringing reforms in the mediclaim segment.

Insured your mobile or laptop? Your claim may get rejected if...

Insured your mobile or laptop? Your claim may get rejected if...

Rediff.com18 Aug 2015

The biggest surprise for customers, at the time of claiming, is the fact that they will get only depreciated value of the product.

Can you claim accident insurance if your friend was driving your car?

Can you claim accident insurance if your friend was driving your car?

Rediff.com28 Dec 2016

'It is important to ensure that the person driving the car has a valid driving licence, is in a stable mental condition and is not under any heavy medication or influence of alcohol,' says K G Krishnamoorthy Rao, MD and CEO, Future Generali India Insurance.

New home insurance plans are much better

New home insurance plans are much better

Rediff.com10 Jul 2016

Insurers cover the house on market value, and not on construction cost. They also don't insist on bills when giving the policy

Why car insurance cos are seeking more time to comply with SC orders

Why car insurance cos are seeking more time to comply with SC orders

Rediff.com13 Aug 2018

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.

'This Election Captures The Evolution Of India From 2014 To 2024'

'This Election Captures The Evolution Of India From 2014 To 2024'

Rediff.com4 May 2024

'2019 was fought on delivery. But in 2024, you can see the before and after effects.'

Modi's 'redistribution' charge against Cong gets Pitroda's booster

Modi's 'redistribution' charge against Cong gets Pitroda's booster

Rediff.com25 Apr 2024

In his poll rallies, Modi framed Pitroda's comments in his wider onslaught against the Congress, asserting that they have exposed its hidden agenda and that the party has become so removed from the country's social and family values that it wants to legally rob people of their assets and lifelong savings they want to bequeath to their children.

Biden stumbles in first presidential debate with Trump

Biden stumbles in first presidential debate with Trump

Rediff.com29 Jun 2024

Joe Biden, seeking a second term in the White House, stumbled in his first televised presidential debate with his predecessor Donald Trump, setting off alarm bells among top Democrats about whether the incumbent President can stay atop in the gruelling months ahead of the elections.

All you want to know about Health Insurance

All you want to know about Health Insurance

Rediff.com6 Feb 2018

Aslam Hunani presents some of the frequently asked questions about health insurance in India.

Extraordinary Story Of EPFO Digitisation

Extraordinary Story Of EPFO Digitisation

Rediff.com27 May 2024

A remarkable story which helped in transforming a bureaucratic organization, to a customer centric organization. This experience may inspire several government / private organizations to modify or adopt digitisation to transform their business, notes Professor N Ravichandran (retd).

How to stop exploiting life insurance users

How to stop exploiting life insurance users

Rediff.com7 Sep 2015

Traditional plans are the biggest area of concern for consumers.

Why India's gig workforce is still outside purview of basic benefits

Why India's gig workforce is still outside purview of basic benefits

Rediff.com7 Apr 2023

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 BJP Is A Huge Banyan Tree'

'The BJP Is A Huge Banyan Tree'

Rediff.com2 May 2024

'Elections are fought to win.' 'In our party, the leadership takes the final decision, and our leaders are very clear about it.'

Insurers see a change agent in new FDI rules

Insurers see a change agent in new FDI rules

Rediff.com20 Mar 2015

Inflow of more funds is likely to widen the reach of insurance and drive M&A activities in the sector where growth has stalled.

Rediff's Wave Rider Retires!

Rediff's Wave Rider Retires!

Rediff.com1 Nov 2024

We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.

Bumper-to-bumper cover for new vehicles not mandatory: Madras HC

Bumper-to-bumper cover for new vehicles not mandatory: Madras HC

Rediff.com15 Sep 2021

Bumper-to-bumper insurance cover for new vehicles will not be mandatory as suggested by the Madras high court in its order last month. Instead, the decision to make it mandatory or not will be left to the legislators and the parliament. On Monday, the court decided to modify its order, which had said that whenever a new vehicle is sold after 1.9.2021, it is mandatory for coverage of bumper-to-bumper insurance every year, in addition to covering the driver, passengers, and owner of the vehicle, for a period of five years.

Need health insurance for alternative medicine? Read this!

Need health insurance for alternative medicine? Read this!

Rediff.com3 Jun 2015

IRDA suggested that health insurance should cover alternative treatments.

Insurance frauds and how to deal with them

Insurance frauds and how to deal with them

Rediff.com17 Apr 2015

Advisors and agents known to you personally can also sell wrong policies.

Be prepared to pay more for your insurance policy

Be prepared to pay more for your insurance policy

Rediff.com7 Sep 2016

The premium on insurance policies will get costlier by 3 per cent to 7 per cent, depending upon the rate fixed by the GST Council from April 1, 2017, says Harjot Singh Narula.

7 benefits if Insurance Bill is passed

7 benefits if Insurance Bill is passed

Rediff.com27 Oct 2014

It will allow more transparency in policies and flexibility in premium payment, besides improving processing of claims.

How Banks Are Tackling Cyber Frauds

How Banks Are Tackling Cyber Frauds

Rediff.com14 Sep 2022

To educate customers on the modus operandi of financial fraudsters and share inputs on safe banking habits, banks are now coming up with awareness campaigns aimed at preventing customers from falling into the trap of fraudsters.

With IPOs losing steam, Sebi steps in with 'hard underwriting' move

With IPOs losing steam, Sebi steps in with 'hard underwriting' move

Rediff.com3 Mar 2023

The Securities and Exchange Board of India's (Sebi's) proposal to re-introduce "hard underwriting" is seen as step to boost India's moribund initial public offering (IPO) markets. The regulator has proposed that in case an IPO fails to garner full subscription, the investment banker or a third-party can buy the unsubscribed shares. This practice was common during fixed-price issues prior to 1999. However, under the new book building regime, underwriting is allowed only to the extent of shortfall due to technical rejection of bids - this is referred to as "soft underwriting" and is rarely invoked.

Opposition's no-trust motion auspicious for us: Modi in Lok Sabha

Opposition's no-trust motion auspicious for us: Modi in Lok Sabha

Rediff.com10 Aug 2023

Replying to the no-confidence motion, Prime Minister Narendra Modi asserted on Thursday that the opposition's move is auspicious for his government as he expressed confidence that the Bharatiya Janata Party and its allies will break old records to retain power at the Centre in the 2024 Lok Sabha polls.

Festive Season To Create 700K Gig Jobs

Festive Season To Create 700K Gig Jobs

Rediff.com17 Oct 2023

'The World Cup alone is expected to create an additional 100,000 jobs, most of which will comprise gig workers in the delivery space, transportation, hospitality and event management.'

PM directs welfare schemes' implementation in 6 months

PM directs welfare schemes' implementation in 6 months

Rediff.com21 Oct 2023

The government, they said, will launch a mega drive, Viksit Bharat Sankalp Yatra, across all 2.7 lakh panchayats in the country to reach out to beneficiaries and enrol them.

India looks to sway Americans with nuclear power insurance plan

India looks to sway Americans with nuclear power insurance plan

Rediff.com19 Dec 2014

Under a 2010 nuclear liability law, nuclear equipment suppliers are liable for damages from an accident, which companies say is a sharp deviation from international norms

What If The Home Loan Borrower Dies....

What If The Home Loan Borrower Dies....

Rediff.com13 Apr 2022

To minimise hardship for legal heirs, home loan borrowers must purchase additional insurance cover while taking a home loan.

Govt open to minor changes in Insurance Bill

Govt open to minor changes in Insurance Bill

Rediff.com5 Aug 2014

Congress insists on sending legislation to select committee, says will support it in winter session.

FSSAI draft norms for food importers likely by Dec-end

FSSAI draft norms for food importers likely by Dec-end

Rediff.com17 Dec 2015

Some packaged food makers have welcomed the move.

Govt plans financial penalties to push crop insurance

Govt plans financial penalties to push crop insurance

Rediff.com9 Jul 2018

Almost 30% or a third of the agriculture ministry's budget, is spent on premium for the PMFBY every year

Crude calculations on a Russian oil price cap

Crude calculations on a Russian oil price cap

Rediff.com8 Nov 2022

Come December, India may have to re-evaluate purchases of Russian oil if a price cap on crude oil proposed by the US and the European Union (EU) comes into effect. That impacts nearly a quarter of India's oil purchases that come at a discount, helping limit marketing losses for India's state refiners and enabling New Delhi to manage inflation by freezing pump prices of motor fuels. In September, India imported 1 million barrels a day or 24 per cent of its overall imports from Russia, which became the biggest supplier of oil to India.

Govt to set health rider for 49% FDI in insurance

Govt to set health rider for 49% FDI in insurance

Rediff.com6 Jun 2014

Finance ministry considers tax sops, regulation of hospitals to make health care affordable.

Will Bengal give Didi a third term?

Will Bengal give Didi a third term?

Rediff.com10 Mar 2021

Will appeasement, rising unemployment and her dictatorial style become major obstacles in her path? asks Payal Singh Mohanka.

Will Odisha Show Faith In Naveen Patnaik Again?

Will Odisha Show Faith In Naveen Patnaik Again?

Rediff.com11 Mar 2024

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.

Premium for vintage cars to fall

Premium for vintage cars to fall

Rediff.com10 Mar 2007

With the discount, the third-party premium for vintage cars works out to Rs 625 from the present Rs 2,500.

How To Make Banks Treat Customers Fairly

How To Make Banks Treat Customers Fairly

Rediff.com10 Apr 2023

Nobody is held accountable for lapses, no matter how badly it affects the person or business whose accounts are frozen. Nor is there compensation for losses. Most people get to know their accounts are blocked only when a cheque bounces, points out Debashis Basu.

How the mega banks' merger will affect you

How the mega banks' merger will affect you

Rediff.com31 Aug 2019

Here's how the move will affect the banks' customers.