Life insurance: Steps to ensure your claim is not rejected The claim settlement ratio of private insurers was 97.02% in 2020-21 as compared with 97.18% in 2019-20. 3 years agoSeptember 11, 2022
Should you buy a multi-year health plan? Multi-year health insurance policy: Such an insurance policy comes with several perks, including discounts on premiums and protection from premium… 3 years agoSeptember 9, 2022
Poor combined ratios of health insurance firms a big hurdle in cutting premium rates, say insurers Irdai chairman Debasish Panda recently said that a major challenge that needs to be addressed is the high price of… 3 years agoSeptember 5, 2022
Insurance ombudsmen settle 40,527 complaints in FY22 As many as 3,830 cases were settled by the Bima Lokpal’s (ombudsman’s) Delhi office alone in the last fiscal. 3 years agoSeptember 2, 2022
India to be 6th largest insurance market by 2032; premiums to grow at 14 pc: Report Considering the projected growth rate, the life insurance premiums in India are set to cross USD 100 billion for the… 3 years agoSeptember 1, 2022
Embedded Value: Earn maximum bonus on the same premium Insurers pay 20-35% of the sum assured as loyalty bonus for policies with above 25-30 years tenure 3 years agoAugust 30, 2022
Health Claims Exchange to be operational by October National Health Authority will start using the exchange for processing claims under Pradhan Mantri Jan Arogya Yojana, and thereafter the… 3 years agoAugust 26, 2022
ESIC, EPFO numbers indicate labour market looking up There has been a growing trend of new members joining the social security scheme since April 2022. 3 years ago
Proposed 20% cap on agent commission could boost insurance industry If implemented, the move would reduce costs for insurers and allow them to make products more affordable. 3 years agoAugust 25, 2022
RCap bidders seek shares of Reliance General Insurance The shares of RGICL are currently held by IDBI Trusteeship Services (ITSL), sources close to the development said. 3 years agoAugust 24, 2022
General Insurance Council mediates between insurers, Irdai over ‘aggressive’ growth figures General insurers said it is an exciting time for the industry as the regulator has initiated many simplification and consolidation… 3 years agoAugust 21, 2022
Married women’s property act: Gift your wife an exclusive term insurance policy In this, the claim amount will go to them only and no creditor of any outstanding loan of yours can… 3 years agoAugust 21, 2022
Your Money: Get the details right on the insurance proposal form Wrong information given in the proposal form can lead to your insurance claim being rejected 3 years agoAugust 18, 2022
CAG REPORT: PSU general insurers flouted finmin norms Breached rules on underwriting, incurring combined loss of Rs 26,364 cr in 5 years through FY21 3 years agoAugust 6, 2022
Data Drive: Standalones standing tall Retail health insurance has grown at a CAGR of 21% (FY11-21), largely because of rising awareness about the role health… 3 years agoAugust 4, 2022
Irdai moots raising maximum limits of insurance tie-ups for corporate agents Issuing an ‘exposure draft’ on insurance intermediaries, the regulator said in order to facilitate “open architecture”, which will enable prospects… 3 years agoAugust 4, 2022
Irdai issues master guidelines on anti-money laundering in order to consolidate, update guidelines The guidelines will be applicable to all classes of life, general or health insurance business. 3 years agoAugust 2, 2022
Irdai proposes 30% cap on management expenses It is proposed that an insurer shall be allowed an additional allowance towards the insurtech expenses incurred to the extent… 3 years agoAugust 2, 2022
