Bharti will move FIPB soon for increasing Axa's stake to 49%
The cover will pay only for the construction cost of the building.
The claim comes against the cancellation of the match due to heavy rains.
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.
The decline of over 5 per cent in PB Fintech's shares (the parent company of PolicyBazaar) in the past two days presents an opportunity for long-term investors to consider buying the stock, suggest analysts. By comparison, the benchmark S&P BSE Sensex has remained flat during the same period with a negligible gain of 40 points, or 0.06 per cent. Analysts believe that the recent selling is "overdone", as the company behind the online insurance portal remains committed to achieving profitability, and the potential threat from the government's online insurance portal, Bima Sugam, might be embellished.
When Taragauri Doshi's husband died, an assessing officer wanted to tax the proceeds from a life insurance policy that had been bought abroad. Homi Mistry, Mousami Nagarsenkar & Hiral Tanna explain why such proceeds are not taxable in India.
Sanjib Jha, CEO, Coverfox Insurance Broking, lists 5 important things to look out for when buying a health insurance policy.
Let us take a look at why it is important to opt for travel insurance even for domestic use.
If the sum assured is less than 10 times premium, the proceeds will be taxed.
'While many policies say that they will cover mental illnesses, the wordings of a few still have mental illness as a permanent exclusion.' 'After the new IRDAI circular, such exclusions should go away.'
Banks and insurers are beginning to reward customers who show exemplary conduct with lower prices and penalise those who behave poorly by imposing higher costs.
Group term insurance is far more cost-effective than an individual cover.
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.
With terrorist attacks getting more frequent in the country, insurance companies are introducing a mechanism for processing speedy claims on this.
Mukesh Kumar, Executive Director, HDFC ERGO General Insurance Company Limited, talks about the many benefits of buying one
ESIC board has relaxed norms to double payment of unemployment benefit under the scheme to 50 per cent of average wages of three months to cope with job loss between March 24 and December 31 this year in view of the COVID-19 pandemic.
Being a high-value asset, a car needs a comprehensive cover to protect you financially from mishaps. With premiums to be de-tariffed soon, auto insurance is set to change.
The latest tension between the two states cropped up after the Shinde government recently announced that it would allocate an additional Rs 54 crore for its 'Mahatma Jyotiba Phule Jan Arogya Yojana', so that the benefits could be extended to the border villages in Karnataka that Maharashtra has been laying claim to.
Know when these come into play before buying a health insurance policy.
The Insurance penetration in India is very low at 3.9 per cent.
Apart from traditional factors, some new parameters have also been introduced into auto insurance agreements, which can prove to be a boon for the policyholders and can lower their premiums.
Moving to a new company means losing out on continuity benefits
Other proposals include grading of hospitals, expanding network.
Diktat to four general insurance companies says 'avoid competition' in any corporate or group account
Insurers may be burning their fingers in urban health portfolios for some time now, but the government's rural healthcare initiatives, including its decision to provide free generic drugs to public hospitals, are set to offer fresh avenues of growth for them.
New India Assurance, National Insurance and United India Insurance are following Oriental Insurance Company in raising health insurance premium rates by 50 to over 100 per cent.
West Bengal Chief Minister Mamata Banerjee asserted that she had last year inaugurated the second campus of the Chittaranjan National Cancer Institute which Prime Minister Narendra Modi dedicated to the nation on Friday.
Is your insurance company taking you for a ride by delaying or repudiating in settling your claim? You need not spend sleepless nights now. The Insurance ombudsman office will take care of the problem.
According to data from company sources, the Life Insurance Corporation of India (LIC) still remains the benchmark when it comes to settling death claims. However, major private players are also fast catching up.
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.
Maternity insurance ensures that you can enjoy the happiest moments of your life without any financial worries, says Harjot Singh Narula
"(Someone said) I have promised that I will make a Shiv Sena worker chief minister but then he himself became CM," Shinde said, taking a jibe at Uddhav Thackeray.
Nominations and addresses are of paramount importance in bank accounts, insurance policies, mutual funds, etc.
Sanjib Jha, CEO, Coverfox Insurance Broking, answers your health insurance related queries.
Irrespective of your age and how good your health has been, the right time to get a health insurance is NOW, says Mukesh Kumar, Executive Director, HDFC ERGO General Insurance Company
Sanjib Jha, CEO, Coverfox Insurance Broking, answers your health insurance related queries.
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.
Keep these in mind to gain maximum benefit from your life insurance policies that you may already have or are planning to buy
Did you know that an individual can, in addition to the tax benefits she/he is entitled to, also leverage the benefits available to family members to reduce this liability?
