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.
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?
Advisors and agents known to you personally can also sell wrong policies.
Nominations and addresses are of paramount importance in bank accounts, insurance policies, mutual funds, etc.
The police said the owners had been booked on Saturday after "confessional statement" of the store manager.
The state-owned life insurer Life Insurance Corporation of India has decided to introduce strict norms for agents in a move to arrest fraudulent and early claims (arising after first year of the policy). The corporation found that early claims arose due to poor underwriting and moral hazards.
Concealment of material facts on health and failure to give satisfactory explanation for long absence from duty can be reasonable grounds for a life insurance company to repudiate a policy claim, the National Consumer Disputes Redressal Commission has said.
"(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.
Priyanka Gandhi also said farmers were in debt, and about 12,000 of them had committed suicide.
Bommai alleged that in the name of providing insurance to the people on Karnataka's side of the border, the Maharashtra government is taking declaration letters from them stating that they belong to Maharashtra. "This is condemnable."
Any insurance policy cannot be treated as a 'buy and hold' strategy like one may want to do with their investments.
Ensure the car is used for the purpose stated in the policy. For instance, a car meant for private use cannot be used for providing taxi services, without making the required changes in the policy document.
An insurance company would be under an obligation to pay a claim only after a cheque issued towards the policy premium is encashed, the Supreme Court has said. Interpreting Section 64VB of the Insurance Act, the apex court said, a contract of insurance comes into being only after the insurer gets the premium in advance.
Inflow of more funds is likely to widen the reach of insurance and drive M&A activities in the sector where growth has stalled.
Online policies are cheap because there is no agent's fee involved, other administrative costs of the insurance company are lower and, most importantly, these use the latest statistics for calculating premia.
It is important to preserve copies of benefit illustration and product features.
In a move that impacts long-term subscribers of medical insurance policies, leading insurers like Oriental Insurance Company and United India Insurance have stopped no-claim bonus for existing and new policy holders.
Wipro is betting on artificial intelligence (AI) and Cloud computing to earn more from its biggest contributor - the banking, financial services & insurance (BFSI) sector - which brought in 35 per cent of the revenue in FY23. The Bengaluru-headquartered firm also expects its consultancy arm Capco to aid in its vision. "Over the past few years, we have made significant investments in the BFSI sector and have improved our talent, capabilities, and processes in this space - both through organic investments and with the addition of Capco," Suzanne Dann, Wipro's chief executive officer for Americas 2 said.
Do you know the most common exclusions in a mediclaim plan? Or, why your base premium keeps increasing over a period of time?
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.
Sushil Sheth, a Chicago area physician, was sentenced on Wednesday by US District Judge Rebecca Pallmeyer and ordered to begin serving the 60-month prison term in two months.
According to data analysed by the Insurance Regulatory and Development Authority, the claim severity is 83 per cent higher in case of cashless mediclaim than reimbursement in the last two years.
India suffered a $3 billion loss to its economy from severe rainfall and flooding in November and early December.
Critical illness plans can be bought both as a benefit cover and an indemnity cover, say experts.
Health care costs are rising exponentially and most people are under-insured.
Choosing a term insurance policy is an economical way of getting life insured but choosing the most economical term insurance policy will help you to get life insurance on a tight budget also
rediffGURU and financial planning expert Colonel Sanjeev Govila (retd) answers your personal finance-related questions.
'Why should we disclose classified information to satisfy those who doubt our Hydrogen Bomb capability?'
We are sure you will agree with these reasons!
There are host of policies one needs to manage. These include property, business continuation, health, and life.
West Bengal Chief Minister Mamata Banerjee on Saturday accused NIA officials of attacking villagers in Purba Medinipur district, the BJP hit back at her saying that the attack on the NIA officials is Sandeshkhalli 2.0 orchestrated by the state.
The availability of domestic capital to fund startups and an ability to attract talent in the early days are among the biggest challenges faced by entrepreneurs, Infosys co-founder N R Narayana Murthy said on Thursday. "It is desirable to create a policy that makes it attractive for domestic institutions like family offices of HNIs (high net-worth individuals), insurance companies or large corporations to invest in venture capital funding," he said at the T N Chaturvedi Memorial Lecture 2024 in New Delhi's Prime Ministers' Museum and Library.
The Insurance Regulatory and Development Authority on Monday mooted ways to allow consumers to switch over from one company to another for Mediclaim policies and prevent rejection of claim by insurers.
Indian government expects LIC to have better business this year.
The party also promised reservation to minorities on basis of their population after the caste census.
