Group policies usually cover all pre-existing diseases and, therefore, the claim process and the cashless process are much easier.
Raise the amount of life cover you own if your liabilities and responsibilities have increased during the year, says Arvind A Rao.
K G Krishnamoorthy Rao, managing director and CEO, Future Generali India Insurance, answers insurance queries.
The regulator has made it mandatory for insurers to have a minimum percentage of motor third-party business underwritten.
'At the moment, it seems to be budgeted at Rs 300 crores with no sign of completion in the immediate future.'
Apprehensive about the July 1 switch, say there are issues to be addressed.
The Congress has so far announced 82 candidates for the seven-phase Lok Sabha polls beginning April 19.
Motor insurance is one place where it is easier to avail discounts - on account of your/driver's profile, car model, city, age and low claim history.
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).
New Irda rules open the way, with 5 entities getting okay to set up as repositories; firms preparing structures for switch
There are many ways to lower your auto insurance premium rate but the best way is to add safety features to your car.
The 25-35 age group is the most active online in buying non-life insurance products.
Under the scheme, which seeks to open 75 million accounts by January 26, 2015, an accident insurance cover of Rs 100,000 is provided with every RuPay debit card offered by the National Payments Corporation of India.
The rupee, which has depreciated about 23 per cent since May, has increased the loss ratios for the travel insurance segment.
After all, when you are studying, it is better if all you have to worry about are your grades.
The scheme would cover incidents like robbery and dacoity.
Anil Rego shares six tips to help you bring down your cost of owning an insurance policy
V Viswanand, director and head, Products and Persistency Management, Max Life Insurance, will answer your queries in an online chat September 3, between 2 pm and 3 pm.
Companies selling health insurance are not in the business of giving away money. Let us face the fact that more they deny the claims, more they will earn. So, it is better for you to think and check out on all the details of a perfect health plan before signing the agreement.
The East District Consumer Disputes Redressal Forum made this recommendation while ordering Apollo Munich Health Insurance Co Ltd to pay over Rs 180,000 to a policy holder for not reimbursing his treatment expenses and illegally cancelling his insurance cover after he submitted his claim.
The higher limit will be useful for senior citizens in particular
All employees should supplement the employer-sponsored health cover with a personal cover.
There are few lapses in the healthy insurance proposals.
Allowing it to lapse leaves you unprotected and can, in some cases, cause loss of premiums paid, experts tell Sanjay Kumar Singh.
Insurers say they will have to study the available data to work out by how much premiums will have to go up to be able to cover mental illnesses as well
Many people invest in insurance with a view to saving taxes. So what are the tax rebates available to an individual in respect of premium paid on life insurance policies?
Here are all the things you need to know so that you worry about nothing but your grades, says Mahavir Chopra. Read on!
Firms in which IP is critical, such as pharma and research and knowledge-based organisations, were taking the lead in seeking cyber covers to protect their computer systems from hack attacks
General insurers clocked 14.35 per cent growth in business at Rs 7,168 crore (Rs 71.68 billion) till July, despite rise in claims after heavy rain and floods in western India and the fire at ONGC's Bombay High oil field.
LIC is on board after tying up with all five insurance repositories; 1,50,000 e-Insurance Accounts opened across India till date.
Overall, the BGauss RUV 350 is a feature-packed electric scooter with a unique design and competitive performance.
Here are the answers to frequently asked questions about the costs, premiums, bonus and discounts that you can avail on your motor insurance.
IRDA suggested that health insurance should cover alternative treatments.
Insurance of vehicle, including cars and bikes, will become costlier from April 1 as insurance regulator Irdai has decided to increase premiums by up to 40 per cent from the next fiscal.
Piramal Enterprises on Friday claimed that its bid for resolution of debt-ridden mortgage lender DHFL is highest and fully compliant with regulatory norms. Since the conclusion of the fifth and final round of the bidding process last month, Piramal Enterprises and the US-based Oaktree Capital are claiming that their bids are the highest and fully implementable. According to sources, suitors have submitted bids in the range of Rs 35,000-37,000 crore.
While proposals for covers in volatile markets aren't denied, premiums are much higher - by as much as 100-600%
