Given the high cost of treating cancer and the reasonable premium rates at which these plans are available, one should opt for a cover at the earliest.
It's an undeniable fact that after enactment of GST, buying insurance will become a little expensive impacting your term plans, health plans and motor insurance plans the most. But you should not ignore the importance of insuring your life, health, vehicle, says Harjot Singh Narula
Make sure you read the policy wording. Some policies cover pre-existing diseases while others don't. Many need a minimum 24-hour hospitalisation, advises Bindisha Sarang.
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.
The Reserve Bank said overseas investors, including FPIs and NRIs, can invest up to 26 per cent in insurance and allied activities through the automatic route.
'From our perspective, it will bring additional customers and from their perspective, it will get them younger customers.'
This is the first "Green budget" of the government for effective containment of pollution in the city, the deputy chief minister said in the budget session of the assembly in the presence of Chief Minister Arvind Kejriwal.
One may now not have to wait to get their insurance claims redressed.
These are the highlights of the Union Budget 2025-26 presented by Finance Minister Nirmala Sitharaman in Parliament on Saturday.
Postpone the purchase of big-ticket consumer durable items, recreational spending on holidays, and other such expenses unless your financial position is very secure, advises Sarbajeet K Sen.
'Private General insurers are poised to grow at 17 per cent - 18 per cent over the next 5 to 7 years and we will grow faster.'
in the longer run, there is no substitute for a standard term, accident, and a comprehensive health cover, with adequate sum insured that will give you round-the-clock and year-after-year coverage.
Insurance penetration in India at 3.9%, below world average.
The judgment from a five-judge Constitution bench, led by Chief Justice DY Chandrachud, offers clarity on licensing regulations and is expected to prevent insurance companies from rejecting claims based on the type of licence of drivers involved in accidents.
Have a question about insurance?
rediffGURU Rohit Gupta, co-founder and COO of College Vidya, provides a list of competitive exams that can help you land a job in the public sector.
The BJP may win more seats in the February 5 assembly election, but not enough to trump AAP, notes Ramesh Menon.
Given that medical inflation is estimated at 15% to 20%, a no-claim bonus can provide added benefit
From road transport to health insurance, tax rules have changed from October 1.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
The Union health ministry on Monday announced that all claims of "Covidwarriors" under the Pradhan Mantri Garib Kalyan Package will be settled till April 24 after which a fresh insurance policy for them will become effective.
'Healthcare is not an industry.' 'The government is only encouraging insurance as they are not able to provide healthcare to people.' 'Opening new medical colleges is not what is needed.' 'You have to invest in public sector hospitals.' 'You cannot hand over healthcare to the private industry.'
Amid the Budget preparation, the revenue department is assessing the feasibility of further adjustments to maximise benefits for salaried individuals.
The doctors' bodies said that the two sides reached consensus during talks with the state government agreeing to keep private hospitals that have not availed land at subsidised rates or other benefits from it outside the ambit of the proposed law.
'A mid-year review makes the end-of-year financial review manageable and less stressful.'
Director-General of World Health Organisation (WHO) Dr Tedros Ghebreyesus on Friday said though COVID-19 is no longer a health emergency for the world, it is still a 'global health threat' and a new variant of coronavirus is already under the scanner.
Here are some major benefits that come along with a child insurance plan
The new Insurance Bill may take little time to see light of teh day.
Ideally, people who have a family medical history should buy high sum assured if they can afford the premium of the same.
In the Union budget, Rs 65,011.8 crore has been allocated to the Ministry of Health and Family Welfare, up from Rs 62,659.12 crore in 2019-20.
The bulk of an investor's portfolio should be in shorter-duration funds of up to one year portfolio duration.
Often, these gangs tie up with former sector employees to understand how the process works
Irdai will maintain a centralised list of the details of all agents appointed by insurers.
rediffGURU Jinal Mehta answers readers' financial planning and health insurance queries
The insurer has launched a personal health wallet with an aim to motivate people to not only buy health insurance but also stay fit
'It is difficult to write business internationally, without an 'A-' rating. It becomes more expensive.'
The Bharatiya Janata Party has released its manifesto for the upcoming Nagaland assembly elections, promising a special package for the eastern part of the state and establishment of a board for the holistic development of the region if the party returns to power for the second time in a row.
The proposal for listing public general insurers had come up in 2007.
'Expect India to keep doing well irrespective of geopolitics.'
With such announcements grabbing the voters' attention, critical issues like pollution, especially the smog that chokes Delhi every winter, remain largely unaddressed. Many residents have raised concerns over the lack of concrete action plans to combat air pollution, which continues to pose a severe health risk to Delhiites.
