How to get unclaimed insurance payouts

Policyholders or their beneficiaries can claim the dues under their policies up to 25 years from the date of transfer of the money to Senior Citizens’ Welfare Fund.

Health Insurance: A standard plan for vector-borne diseases

The maximum sum assured under this indemnity-based standard health insurance policy will be 2 lakh

Two optional covers—hospital cash benefit and diagnosis cover—can be offered along with the standard product.

Insurance policy for gas cylinder blast – Check coverage, process to file claim, other details

Oil Marketing Companies take comprehensive Insurance Policy under ‘Public Liability Policy for Oil Industries’ to provide relief to the affected persons in case of LPG related accidents.

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Health insurance: Tips for buying health cover for the elderly

If you get your parents enrolled under an individual health cover before they turn 60, there will be no burden of co-payment for a lifetime

Aviva India launches Aviva New Wealth Builder Plan – Check Features

The plan offers the twin benefits of protection and investment and also gives an extra edge as a Guaranteed Plan.

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Buying health plan at 65? Go for comprehensive cover, check co-pay

It is important to opt for a health insurance plan at the earliest and not let any unforeseen hospitalisation claims eat up your hard-earned retirement savings.

Guaranteed insurance plans find favour amidst falling interest rates

According to experts, volatile equity markets during the start of the financial year and declining interest rates on bank fixed deposits (FDs) are few reasons why policyholders have been attracted to

Subsequently, premium accretion in August 2020 was at Rs 27,040 crore, up 14.8% year-on-year, compared to de-growth in April and May 2020.

IDBI Federal Life Insurance launches Young Star Plus Plan – Check features

The plan is a comprehensive life insurance plan that helps policyholders align their savings towards financially securing and supporting their children’s future.

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No need to sign life insurance proposal form: IRDAI extends new rule to all products till March 31, 2021

While the digital mode of buying and paying premium makes it simpler and easier, an informed buying will go a long way in meeting your long term goals.

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Life Insurance: Premium collections of private life insurers’ up 15%

Revival in ULIPs, rise in sales via agency channels & strong traction in non-par savings segments drive growth in October

On a sequential basis, this was up from 4% y-o-y in September 2020 from 7% y-o-y decline over June-August 2020.

This Diwali take care of the ones who help you by gifting insurance

Insurance can be gifted to domestic helpers, drivers, cooks, gardeners who enrich our lives through their services and are extremely helpful in your daily lives.

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Insurance policy for treatment of vector-borne diseases like dengue, malaria on anvil

Regulator IRDAI on Friday came out with an exposure draft on Standard Vector Borne Disease Health Policy under which general and health insurers will be encouraged to offer such policies for one year.

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Make this Diwali more memorable by gifting health insurance: Know which plan suits the most

One wave of Covid has proved, how critical, health emergency can be and why we need to keep ourselves prepared for the worst times.

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Annual premiums for Rs 5L health insurance plans starting at Rs 4,730 – Check Out

While adequate sum insured would ideally be determined according to a family’s protection requirements, getting a health insurance policy with at least Rs 5 lakh cover is always advisable.

Term Insurance: Benefits of buying a term life insurance plan online

In order to make sure that your family is financially protected during times like these, it is important to invest in a term insurance plan.

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Now buy group health insurance cover from these two insurers on Flipkart

Nearly 56% of the Indian population is without health insurance, while almost 36% of the rest are inadequately covered.

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Covid-19: Insurers miffed as hospitals charging costs beyond coverage

As on November 3, insurance companies received claims of more than Rs 7,973 crore through 5.18 lakh applications and settled 3.97 lakh claims amounting to Rs 3,435 crore.

There are other charges like biomedical disposal charge, which are charged by the hospitals. “It is the duty of hospital to dispose of biomedical waste, how can we pay such charges,” explained the official.

Edelweiss Tokio Life launches Covid Shield+: A term insurance plan with coronavirus cover – Check features

The term insurance plan has a 1-year tenure, offers a critical illness benefit, and comes without any medical examination.

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Airtel Payments Bank to offer comprehensive car insurance to customers: Check details

With no pre-inspection required, one only needs to fill in the details about the vehicle, and the insurance policy document is immediately issued.

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How critical illness insurance can protect you from high cancer treatment costs

Critical illness insurance policies provide financial support to the insured if they are diagnosed with cancer.

Insurers settle Rs 3,435-crore Covid claims as of November 3

According to the Ministry of Health and Family Welfare, there were 5.27 lakh active cases in India as on November 5. The number of people discharged was 77.11 lakh and 1.24 lakh died due to the pandem

Insurers are already expecting an increase in the loss ratio of the health portfolio.

IRDAI asks life insurers for expeditious settlement of claims in flood-hit areas

 IRDAI on Wednesday asked life insurance companies to take immediate action for expeditious settlement of claims in flood-affected areas of Andhra Pradesh, Telangana, Maharashtra and Karnataka


Aegon Life Insurance launches ‘Life + 36 critical illness Insurance’ plan on Flipkart – Check features

The policyholder gets the benefit of life protection along with a lump sum pay-out on the diagnosis of any of the 36 critical illnesses.

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Delhi cabinet approves over Rs 40 cr to give insurance to lawyers

The Delhi cabinet has approved over Rs 40 crore to provide medical insurance of Rs 5 lakh and term insurance of Rs 10 lakh to lawyers, who are residents of the national capital, Law minister Kailash G

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