The premium amount will be automatically added to the ticket fare if the passenger opts for insurance.
Here is what you must not think before buying life insurance, says V Viswanand, Senior Director and Chief Operations Officer, Max Life Insurance
A quick snapshot about the fundamentals of the concept of life insurance.
In the wake of the natural disaster in Uttarakhand, the proposal for 'catastrophe insurance' is in spotlight.
The new Insurance Bill may take little time to see light of teh day.
Term insurance is the purest form of insurance and is widely used by people of all backgrounds.
Taking health insurance is part of going abroad, but watch when you choose to make small claims, says Arnav Pandya.
In a move that will bring cheer to health insurance policyholders, non-life insurers are finalising the contours of a new product that will have a common minimum standard cover and will be renewable and portable across companies.
Both private and public sector companies are introducing products for diabetes and hypertension- related diseases for the elderly.
The government would be ironing out issues related to the controversial 'bail-in' clause in the earlier Bill, explore hiking the deposit insurance cover of customers, and decide whether the resolution framework should apply to public sector banks.
Irdai's push will make insurance cheaper for consumers and enable a consolidated view of all policies.
Buying a wrong insurance policy can give you nightmares when it comes to settling claims. Then there are other issues like cost, riders etc. Here's a seven-point checklist to help you buy an insurance policy that YOU need.
Insurance against terror will command a lower premium starting next fiscal, as the pool created in this respect has accumulated a large sum and received less claims.General insurers have agreed to cut down the premium charges for the Market Terrorism Risk Insurance Pool to up to 0.003 per cent of the sum insured for various categories of properties.
Ensure maximum payout from the insurer when opting for a non-network hospital.
Bhargav Dasgupta, managing director and chief executive officer of ICICI Lombard, tells Subrata Panda, in an interview that the company has adequate capital for now and does not see a need for fresh infusion through markets over the next few years.
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.
Premium paid on life insurance policies entitles you to tax benefits. Read on to find out more about this.
Keeping this in mind you can easily get the best travel insurance policy for yourself and your family. It is advisable to do some research before making any decision.
Almost 30% or a third of the agriculture ministry's budget, is spent on premium for the PMFBY every year
A cancer dedicated policy will provide a sum assured of Rs 20-25 lakh for a 30 year old for mere sum of Rs 4,500-6,000 per year (on an average) for a term of 35-40 years, which is even lesser than the cost of a weekend road trip with your loved ones
The largest domestic carrier IndiGo is set to renew the insurance cover for its fleet this month, Air India and budget airline GoAir's insurance renewal is due for October, while that of Jet Airways is due in next January.
Beneficiaries to get hospitalisation cover up to Rs 30,000.
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.
Expect premiums to go up or introduction of a co-pay option for third-party damage
A proper mix of cover that gets tax advantage is essential to ensure that there is adequate insurance. But first, you need to identify the needs. And they will keep on changing, according to your age, dependents and other factors: Medical insurance premiums up to Rs 15,000 come under Section 80D. And life insurance premiums up to Rs l00,000 get benefits under Section 80C.
Mahavir Chopra explains the pitfalls one may face after buying a day care insurance policy
How many health insurance policies should you have? Should you have mediclaim policies at all if you do not have any medical problems? Which are the best health insurance policies available for you today in India? How can one claim money after hospitalisation if you do not have a cashless mediclaim facility? How and where can you lodge complaints against your mediclaim insurance company if you have a problem? Here are the answers.
All employees should supplement the employer-sponsored health cover with a personal cover.
Detariffing in the non-life insurance market may well be the beginning of the end of cross-subsidisation and low premiums in group health insurance, with insurers now looking at pricing all their products individually.
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 claim comes against the cancellation of the match due to heavy rains.
Bharti will move FIPB soon for increasing Axa's stake to 49%
The cover will pay only for the construction cost of the building.
Interoperability with other insurance companies - apart from banks, medical centres, among others - would be the eventual goal
Staying healthy is good news for the insurance company as well since it implies lower claims. Insurance companies offer discounts anywhere between 8 And 30 per cent discount on premium.
Let us take a look at why it is important to opt for travel insurance even for domestic use.
