'We have opened 100 branches in the last one and a half years. Our manpower is also in place.'
Any unexpected expense can disturb the finely-balanced budget of middle-class individual. That's when a motor insurance policy comes as a saviour
Unlike other health insurance policies, which mostly covers hospitalisation expenses alone, the specialised cover is likely to include the cost of treatment during quarantine and payment of cash for incidental expenses.
The benefit offered under small-ticket insurance may not be huge, but it is better to have cover, suggests Sarbajeet K Sen.
United States has the highest health insurance cost at $5,615.
Kejriwal has filed two separate petitions challenging the denial of bail and against his arrest by the CBI in the corruption case filed by the central agency.
The Rs 5 lakh free health insurance cover would benefit senior citizens of around 4.5 crore families. Eligible beneficiaries would be issued a new distinct card under the scheme, the government said.
This is the highest cover offered by any insurance company, under any single employer-employee group life insurance policy in India, Thomas Mathew T, managing director, LIC, told media. The policy between Infosys and LIC was initated in 2002 with a uniform cover of Rs 10 lakh (Rs 1 million) per employee covering 12,000 employes for a total sum of Rs 1791 crore (Rs 17.91 billion).
Putting together all the required documents and surmounting legal hurdles could be a challenge for the nominee.
State-owned Life Insurance Corporation of India (LIC) has realigned its commission structures for its distributors in accordance with new surrender value norms but has no plans to introduce any "clawback", it said in a post-earnings analyst call on Friday. "It depends on our experience because the new products have been filed from October 1," said Siddhartha Mohanty, managing director and chief executive officer. The insurance regulator has revised the surrender value norms, and the revised ones came into effect on October 1.
Dahiya's first internet-based venture to sell insurance failed, but he was convinced digital was the future
Wait till these are refiled as it will give you added benefits.
The smartphone has become our buddy and we owe it a good insurance policy to ensure it's protected at all times, says Naval Goel
Gold prices could hit the $3500 an ounce (oz) mark in the next 18 months - up around 13 per cent from the current levels - given the global uncertainties and aided by investment demand, said analysts at BofA Securities in a recent note. Uncertainty around Trump Administration trade policies, BofA said, could continue to push the US dollar (USD) lower, further supporting gold prices near-term.
Choose a higher sum insured if you are going on a long trip, and if your age is above 45.
The purpose of pet insurance is to mitigate the risk of incurring significant expense to treat ill or injured pets.
Privately, many bankers admit their immediate goal is not growth but slowing the erosion of Casa deposits, reveals Tamal Bandyopadhyay.
TDS on health insurance claim payments reimbursed to hospitals should be NIL
Just having a basic cover that provides medical insurance can hurt
Sanjib Jha, CEO, Coverfox Insurance Broking, lists 5 important things to look out for when buying a health insurance policy.
If Tesla comes in, India's position as a manufacturing hub will rise many notches, as it will become only the second country, after China, to have both Apple as well as Tesla.
If an insured dies, the nominee will get the money but kin or creditors can stake a claim. Here are ways to prevent this.
'A 25 year old buying a high-value policy now will be well covered even in his 40s.'
Striking a balance between the cover needed and the premium outgo is critical.
Insurers cover the house on market value, and not on construction cost. They also don't insist on bills when giving the policy
Ever growing use of new technologies and treatment, increase in the population of old people can, are some of them
When you purchase a two-wheeler, the dealer usually takes care of the hassles of registering the vehicle and getting it insured. However, you should know the types of insurance policies available and the features of the policies.
With a dependable insurance policy, you can easily guard against any unexpected financial burden in the event of sudden illness or injury.
It is important for both the insured and the nominee to know the process of insurance claim settlement. A false step can lead to denial of the benefit for which life cover is bought.
Anil Rego shares six tips to help you bring down your cost of owning an insurance policy
Rakesh Kaul, CDO, Edelweiss General Insurance, answers your health insurance queries.
Regulator Irdai on Friday directed SBI Life Insurance Company to takeover the policy liabilities of around two lakh policies along with assets of Sahara India Life Insurance Co Ltd (SILIC) with immediate effect. The decision was taken at the meeting of the Insurance Regulatory and Development Authority of India (Irdai) in view of deteriorating financial health of the SILIC. "The Authority has identified SBI Life Insurance Company Limited (SBI Life), which is one of the largest life insurers in the country with satisfactory financials, as the acquirer insurer of the life insurance business of SlLIC.
By opting for returns, we land up paying more for a 'pay-back policy' than going for a pure insurance scheme
Shopping for insurance online is the way to go, especially if you need general insurance. Here you can compare various deals in the market to choose the one best suited to you.
Is the cost of medical cover too high? Opt for co-payments or deductible plans. Here's more on when they work the best.
It is ideal to purchase life insurance as soon as you become financially independent.
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
Though agents promote Ulips instead of term policies, the latter make more sense for pure insurance purposes.
