Tata AIG General Insurance, which is the market leader in personal accident covers, eyes 200 per cent growth in income from this segment. It has tied up with a number of education consultants for its Prudent Guard policy for students. Insurers sell two types of personal accident cover to schools -- one for students and another for parents. Some insurers also sell hybrid product covering both.
Travel insurance policies do not generally cover adventurous or sporting activities such as bungee jumping, paragliding, mountain climbing, or white water rafting, which fall under hazardous activities.
Insurance advisors suggest you read the fine print first, as there are a host of exclusions which will enable insurers to turn down claims. But the money lost will not be covered. Insurance will be restricted to the replacement cost of a lost or stolen wallet, personal papers and the credit and debit cards in the wallet. There will be no cover for cheques, tickets or fraudulent charges on the lost or stolen cards and any other identity theft-related costs.
Mritika Sen, the CBSE exam topper in 2009, gives her success mantras.
Sources close to the development said the three companies have sought permission from the Insurance Regulatory and Development Authority for new motor insurance products and are expected to launch the add-on covers in the first week of January. Add-ons are expected to be in the form of a replacement vehicle or payment on a daily basis when the vehicle is out for repair, and reduced or zero depreciation.
NITIE, Mumbai, invites students and working professionals for Samiksha, a panel discussion event on Insurance Sector: Opportunities and Challenges.
Market leaders in this line of business - New India Assurance and Tata AIG - have begun to reassess the premium on risk exposure of their portfolio in the director's and officer's liability business.
Low-cost carrier SpiceJet on Friday said it has launched a 'Home Away Insurance' for all its customers in collaboration with insurance firm Tata AIG.
Players may have to suffer underwriting losses this year.
Critical illness policies by life insurance companies provide a variety of combinations but have a complex fine print.
It is always advisable to have a health cover for your family and loved ones, says insurance expert Rajesh Sinha.
Roopam Asthana, CEO and whole-time director, Liberty General Insurance Ltd, answers your queries on HEALTH and AUTO insurance.
India's IT capital, Bangalore now has an 'unhealthy' tag. Its stressful and hectic urban lifestyle has taken a toll on its people.
Through this online facility, these business communities can generate marine policies, manage them online and speed up documentation procedures in case of an emergency.
Take the Rediff Biz Quiz and find out how much you know about the private insurance companies in India.
While it's not difficult to fall prey to card fraud, individuals can protect themselves against losses.
General, life insurers with 8 & 10 yrs in biz, respectively, may have to list
As monsoon picks up, be ready to drive through water-logged areas and mushy roads. Since motor accidents typically see a rise during rains, motor claims also move up.
If you are a frequent traveller, then you should opt for a multi-trip travel plan because it works out to be cheaper.
The rupee, which has depreciated about 23 per cent since May, has increased the loss ratios for the travel insurance segment.
The Tata Group has close to 110 companies and Chandrasekaran plans to bring this number down to around five or six.
The shortest duration for which one can buy travel insurance is seven days.
The cover will pay only for the construction cost of the building.
Life insurers need applicants to abstain from tobacco for up to five years.
Apart from rail mishaps, the coverage would take care of terrorist attacks and accidental fall of a passenger from a train and normal accidents, riots, robbery and dacoity
This could impact their books in the third quarter of the current financial year.
The film hits theatres tomorrow, July 25.
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