News for 'insurance'

Gulf NRIs opt for Indian term life insurance amid Iran conflict

Gulf NRIs opt for Indian term life insurance amid Iran conflict

Rediff.com5 days ago

Non-resident Indians (NRIs) in the Gulf region are increasingly purchasing term life insurance policies from India, driven by geopolitical uncertainties in West Asia and the significant cost advantages offered by Indian products, with the GCC region now contributing over half of the total NRI demand.

Govt Assures E20 Fuel Use is Safe, Won't Affect Vehicle Insurance Validity

Govt Assures E20 Fuel Use is Safe, Won't Affect Vehicle Insurance Validity

Rediff.com6 days ago

The Indian government has dismissed concerns that the use of E20 fuel could affect the validity of vehicle insurance policies, stating that the ethanol blending programme remains safe, consumer-friendly, and economically beneficial.

Ghaziabad Call Centre Busted For Insurance Fraud

Ghaziabad Call Centre Busted For Insurance Fraud

Rediff.com28 May 2026

Gurugram police have dismantled a cyber fraud operation run from a call centre in Ghaziabad, arresting three individuals accused of defrauding people of significant sums through deceptive insurance and government bond investment schemes.

Protection products fuel double-digit VNB growth for major life insurers

Protection products fuel double-digit VNB growth for major life insurers

Rediff.com3 Jun 2026

Major life insurers in India reported close to double-digit growth in the value of new business (VNB) last financial year, primarily driven by increased sales of high-margin protection and non-participating (non-par) products.

Avoid These Life Insurance Mistakes

Avoid These Life Insurance Mistakes

Rediff.com8 May 2026

Proposal forms are often filled by the agent. Check the form after it is filled.

Man Held After 9 Years In Woman's Insurance Murder Case

Man Held After 9 Years In Woman's Insurance Murder Case

Rediff.com1 Jun 2026

A man wanted for nearly nine years in connection with the murder of a woman for an alleged Rs 50 lakh insurance claim and property has been arrested in Bihar, Delhi Police said. Another accused in the case was found to have died in 2018.

Debt-Ridden Man Stages Death To Claim Insurance Money

Debt-Ridden Man Stages Death To Claim Insurance Money

Rediff.com1 Jun 2026

A debt-ridden man in Jalna allegedly staged his own death to escape financial liabilities and claim an insurance benefit of Rs 20 lakh by masterminding the killing of his acquaintance, whose body was found inside a gutted car.

Ex-Life Insurance Manager Convicted In Investment Fraud Case

Ex-Life Insurance Manager Convicted In Investment Fraud Case

Rediff.com27 May 2026

A former life insurance manager in Thane has been sentenced to two years in jail for defrauding people of over Rs 3.51 crore with false promises of high returns on stock market investments.

Prudential to acquire 75% stake in Bharti Life Insurance for Rs 3,500 crore

Prudential to acquire 75% stake in Bharti Life Insurance for Rs 3,500 crore

Rediff.com18 May 2026

Prudential plc has announced its acquisition of a 75 per cent stake in Bharti Life Insurance for approximately 3,500 crore, a strategic move to secure majority ownership in the Indian life insurance market. This acquisition necessitates Prudential reducing its holding in ICICI Prudential Life Insurance to below 10 per cent.

Summer Holiday Travel Insurance: Key Things To Know

Summer Holiday Travel Insurance: Key Things To Know

Rediff.com30 Apr 2026

Understand your travel insurance policy before travelling abroad this summer. This article outlines what travel insurance covers, including trip cancellations, missed connections, and medical emergencies, and what it excludes, such as war-related disruptions and pre-existing conditions.

Why Modi Praised Nanded's Pethkars On Mann Ki Baat

Why Modi Praised Nanded's Pethkars On Mann Ki Baat

Rediff.com10 hours ago

'We ourselves hadn't heard it initially. Many people called us. The entire village was overjoyed.'

Jio Financial formalises general insurance foray with Allianz

Jio Financial formalises general insurance foray with Allianz

Rediff.com23 Apr 2026

Jio Financial Services and Munich-based Allianz Group have signed a binding agreement to establish a 50:50 joint venture for general and health insurance in India, building on an earlier reinsurance partnership.

Why Insurance Claims Get Rejected

Why Insurance Claims Get Rejected

Rediff.com15 Apr 2026

'Many policyholders do not understand that non-medical expenses, cosmetic treatments, and certain other procedures are not covered by health insurance policies.'

Early Heart Disease: Insurance Challenges, Specialised Policies

Early Heart Disease: Insurance Challenges, Specialised Policies

Rediff.com23 Apr 2026

As heart disease increasingly impacts young Indians, understanding the complexities of health insurance, including higher premiums, waiting periods, and the benefits of specialised cardiac policies, becomes vital for financial protection.

Maharashtra Doctor Accused Of Faking Documents For Insurance

Maharashtra Doctor Accused Of Faking Documents For Insurance

Rediff.com27 Apr 2026

Police in Palghar have registered a case against a doctor and four others for allegedly creating fake documents to claim insurance commissions.

Think Your Car Insurance Covers Everything? These 6 Situations Might Shock You

Think Your Car Insurance Covers Everything? These 6 Situations Might Shock You

Rediff.com27 Apr 2026

Most owners assume car insurance covers everything, but hidden exclusions can lead to claim rejections and unexpected financial shocks.

Shares of life insurers dip as DFS calls for end to exclusive bank tie-ups

Shares of life insurers dip as DFS calls for end to exclusive bank tie-ups

Rediff.com22 Apr 2026

Shares of Indian life insurance companies, particularly SBI Life Insurance and Canara HSBC Life Insurance, saw significant declines after the Department of Financial Services (DFS) secretary, M Nagaraju, stated that banks are being asked to avoid exclusive tie-ups with their own insurance subsidiaries and instead remain neutral.

GST rationalisation, equity volatility to hit insurers' Q4FY26 profitability

GST rationalisation, equity volatility to hit insurers' Q4FY26 profitability

Rediff.com14 Apr 2026

Indian insurance companies are bracing for reduced profitability in Q4FY26, primarily due to the rationalisation of GST on retail life and health policies, leading to a loss of input tax credit, coupled with volatility in equity markets impacting investment income.

El Nino effect: 111 districts tagged as most vulnerable, 20 in Maharashtra

El Nino effect: 111 districts tagged as most vulnerable, 20 in Maharashtra

Rediff.com7 days ago

The Indian government has identified 111 districts as 'most vulnerable' to crop damage due to a 43 per cent monsoon deficit, driven by El Nino, which threatens kharif sowing. Agriculture Minister Shivraj Singh Chouhan stated that weak monsoon conditions are expected to persist until July 2, prompting contingency plans and recommendations for alternative, less water-intensive crops.

Delhi Fake Call Centre Busted for Insurance Policy Fraud

Delhi Fake Call Centre Busted for Insurance Policy Fraud

Rediff.com9 Apr 2026

Faridabad police have busted a fake call centre operating from Delhi and arrested six individuals involved in defrauding people by offering bogus bonuses on insurance policies.

Tribunal awards Rs 2.46 crore to MARCOS diver with 88% disability after road accident

Tribunal awards Rs 2.46 crore to MARCOS diver with 88% disability after road accident

Rediff.com5 days ago

A Delhi Motor Accident Claims Tribunal has awarded over 2.46 crore to Lakhpat Singh, a Marine Commandos (MARCOS) diver, who suffered 88 per cent permanent disability in a 2018 road accident, severely impacting his ability to continue his specialised military career.

NSE IPO Set To Mint Fortunes

NSE IPO Set To Mint Fortunes

Rediff.com19 Jun 2026

With momentum building around the IPO, the NSE saw a surge in retail investors in the last two years, making it one of the widely traded stocks in the unlisted market.

How To Protect Yourself From Online Dark Patterns

How To Protect Yourself From Online Dark Patterns

Rediff.com1 days ago

'Dark patterns exploit human psychology, cognitive biases, urgency, confusion, or lack of attention to increase revenue for digital platforms at the expense of consumer choice and transparency.'

LIK: Love Insurance Kompany Review: Colourful Futuristic Romcom

LIK: Love Insurance Kompany Review: Colourful Futuristic Romcom

Rediff.com11 Apr 2026

LIK: Love Insurance Kompany is an ambitious film for its setting, but underscores in both the romance and the humour departments. The world-building is vibrant, the ideas are relevant, but the storytelling lacks the depth and conviction needed to bring them together meaningfully

Dell Expands Local Server Production In India Driven By AI And Data Sovereignty

Dell Expands Local Server Production In India Driven By AI And Data Sovereignty

Rediff.com3 hours ago

Dell Technologies is significantly expanding its domestic manufacturing in India, with a majority of its servers now produced locally, driven by data sovereignty and AI adoption. The company also launched new AI infrastructure solutions, including PowerStore Elite, designed for secure on-premises data management and AI workflows, while asserting that AI creates more jobs.

Keki Mistry to remain interim chairman of HDFC Bank till Sep 18

Keki Mistry to remain interim chairman of HDFC Bank till Sep 18

Rediff.com18 Jun 2026

The Reserve Bank of India has approved a three-month extension for Keki Mistry as the interim chairman of HDFC Bank, continuing his tenure until September 18, 2026, or until a regular chairman is appointed.

Rampur Man Arrested in Wife, Son Murder Case for Insurance Scam

Rampur Man Arrested in Wife, Son Murder Case for Insurance Scam

Rediff.com7 Apr 2026

A man in Rampur, India, has been arrested along with two associates for allegedly murdering his wife, a police constable, and their three-year-old son to fraudulently claim insurance money and other benefits.

Wrongly Credited NSE Shares Spark Battle

Wrongly Credited NSE Shares Spark Battle

Rediff.com1 days ago

NSE's draft prospectus discloses a legal dispute over 5,000 shares allegedly transferred by mistake into an individual investor's demat account.

How Much EMI Can Your Salary Handle?

How Much EMI Can Your Salary Handle?

Rediff.com9 Jun 2026

Too many EMIs draining your salary? Ramalingam Kalirajan explains the safe borrowing limit that protects your income from a dangerous debt trap.

How Beed Police Duo Was Caught In Bribery Trap

How Beed Police Duo Was Caught In Bribery Trap

Rediff.com6 Jun 2026

A police constable and a Home Guard personnel in Beed, Maharashtra, were caught by the Anti-Corruption Bureau for demanding and accepting a bribe of Rs 10,000. The bribe was sought from a man for providing documents needed to file an insurance claim after his father's death in a road accident. The accused are facing charges under the Prevention of Corruption Act.

Household Healthcare Costs Rise Again

Household Healthcare Costs Rise Again

Rediff.com4 Jun 2026

Private hospitals accounted for 30.8 per cent of current health expenditure in FY23, while pharmaceuticals and medical goods contributed more than 21 per cent, underlining continued dependence on private healthcare and medicine spending.

US eases sanctions, grants 60-day Iranian oil licence amid Swiss talks

US eases sanctions, grants 60-day Iranian oil licence amid Swiss talks

Rediff.com7 days ago

In a major shift in Middle Eastern energy and security dynamics, the US Department of the Treasury on Monday issued a temporary 60-day general licence authorising transactions related to the production, delivery, and sale of Iranian crude oil, petrochemicals, and petroleum products.

JK cardiologist suspended for operating on healthy hearts

JK cardiologist suspended for operating on healthy hearts

Rediff.com20 Jun 2026

A doctor in Anantnag, Jammu and Kashmir, has been suspended following an inquiry into alleged large-scale procedural irregularities, including a pacemaker implantation scam where nearly 50 per cent of evaluated patients underwent unnecessary advanced cardiac surgical procedures. The inquiry revealed fraudulent insurance claims, patient exploitation, and manipulation of medical records.

India's Net FDI Jumps Fourfold to $6.58 Billion in April

India's Net FDI Jumps Fourfold to $6.58 Billion in April

Rediff.com7 days ago

India's net foreign direct investment (FDI) surged more than fourfold to $6.58 billion in April 2026, driven by a significant increase in equity inflows and reduced repatriation by foreign investors, according to the Reserve Bank of India (RBI).

One In Three Indian Women Overweight

One In Three Indian Women Overweight

Rediff.com9 Jun 2026

Over the past year, the sale of injectable GLP-1 agonists (used to treat type 2 diabetes and obesity) such as Mounjaro, Wegovy and Ozempic have surged a whopping 218 per cent.

NSE IPO: Draft Papers Likely Next Week After Decade-Long Delay

NSE IPO: Draft Papers Likely Next Week After Decade-Long Delay

Rediff.com14 Jun 2026

The National Stock Exchange (NSE) is expected to file its preliminary IPO papers with Sebi next week, marking a significant step forward for the long-awaited public offering which has been delayed for nearly a decade due to regulatory issues.

India Post's Biggest Makeover in 150 Years

India Post's Biggest Makeover in 150 Years

Rediff.com3 days ago

India Post is reinventing itself from a traditional mail service into a modern logistics, e-commerce, and real estate powerhouse. Several post offices situated inside major university campuses, called Gen Z post offices, have received a facelift, with cafe-like decor and wi-fi availability.

More than 700 T'gana docs lose Rs 30 cr to cyber frauds since Sep 2024

More than 700 T'gana docs lose Rs 30 cr to cyber frauds since Sep 2024

Rediff.com16 Jun 2026

Over 700 doctors in Telangana have collectively lost nearly Rs 30 crore to various cyber frauds since September 2024, prompting the Telangana Cyber Security Bureau to hold an awareness meeting for healthcare professionals. Business and investment frauds accounted for the largest share of losses.

Experts Call For National Policy To Boost Assistive Technology Market

Experts Call For National Policy To Boost Assistive Technology Market

Rediff.com6 days ago

Experts highlight India's significant market potential for assistive technologies, estimated at Rs 75,000-95,000 crore by 2030. They advocate for a National Assistive Technology Policy to address current gaps in access and service delivery, fostering inclusion, independence, and economic participation for persons with disabilities and the elderly.

LIC drove 18% rise in life insurers' NBP in Feb

LIC drove 18% rise in life insurers' NBP in Feb

Rediff.com10 Mar 2026

New business premium of life insurance companies grew 18 per cent year-on-year (Y-o-Y) to Rs 35,417 crore in February, driven by robust growth at the state-owned Life Insurance Corporation of India (LIC) due to a favourable base.