No proposal to merge public sector general insurance companies: MoS Karad

In a written reply to the Rajya Sabha, Minister of State for Finance Bhagwat K Karad said there is no proposal under consideration of the government at present for merger of public sector general insurance companies.
The Reserve Bank of India (RBI) has informed that it has been pro-active in providing guidance for development of blockchain-based application through its new regulatory sandbox environment, he said.

How to choose the right motor insurance policy and add-ons for your vehicle

With COVID-19 restrictions easing out, vehicles are once again back on roads as usual. This might be the best time for you to re-evaluate your vehicle insurance needs. 

This Bengaluru startup is planning to launch Health Savings Account; here’s how it will help users

FEDO Health Savings Account is a unique savings account that can be used to pay for qualified medical expenses including the ones which are not covered by health insurance

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How to ensure car safety during festivals and choose right add-on insurance covers

With people traveling more during festivals, what car safety measures can you adopt during the festive season?

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Insurance: How to ensure your claim isn’t rejected

Your health or life insurance document enumerates the terms and conditions of the policy contract. Strictly adhere to these to avoid any claim rejection

The policy holder should take the following precautions to avoid rejection of health insurance claims.

Increase in sum insured to focus on benefits: 5 ways Covid-19 pandemic changed health insurance trends in 2021

The pandemic forced people to take stock of their health as well as their financial preparedness to combat unforeseen medical exigencies.

health insurance trends in 2021

How has buying insurance post outbreak of Covid-19 changed – Tips to know

As a result of the pandemic, people are more actively asking about and buying insurance which is a positive development but there are also some areas to be watchful about.

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How annuity plans can help secure the future of your parents

An annuity plan, designed to secure a guaranteed stream or source of income post-retirement, can help your parents with a financial cushion after they’ve retired.

Digisafe Broking: India’s local broker for rural insurance

Digisafe aims to bridge the glaring gap in insurance penetration between urban and rural areas with curated products that span motor, health, livestock, crop and life insurance

(L-R) Digisafe co-founders Ashwin Arora, Anupam Shrey, Rajat Dhar, Suman Roy Choudhury and Mallikarjun Kukunuri

Edelweiss General steps up support to flood affected customers in Chennai

The company said it has launched several initiatives to help customers in Chennai, badly affected by the incessant rains, like 'free pick up and drop by preferred garages service'.

Under this initiative, in case of damage caused to the vehicle due to flooding, customers can call the insurer's toll-free number 180012000, a company statement said here.

World Diabetes Day: Here’s why you should buy health insurance for diabetes

World Diabetes Day: Contributing towards diabetes care can make a huge impact on your savings thereby affecting your other major household expenses such as child’s education, repaying loans, etc.

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Life Insurance: Premium collections up for private players

Overall growth in APE was strong at 23% y-o-y for private players in October 2021

Strong traction in non-par savings reflecting substitution of fixed deposits (FDs)/small savings and rally in capital markets supporting unit-linked insurance plans (Ulips), are likely drivers.

Buying health insurance for children: Here are some key points parents should keep in mind

As is the case with all major financial decisions, those looking to buy health insurance should carefully scrutinize and comprehend all terms and conditions attached to the plan before zeroing in on a

buying health insurance for children

More than insurance: ‘Kenko Health is building India’s first integrated healthcare platform’ | Interview

'Kenko is slowly building towards becoming India’s first integrated health platform to regularly be in touch with our customers’ health with the help of a Kenko score'

health insurance

Your Money: Ways in which life insurance can help in times of financial crisis

Before one chooses the best insurance plan, it is important to understand the life insurance definition so that the best insurance can be chosen.

ICICI Lombard launches key initiatives to help flood affected customers in the city

The company, said it has proactively taken critical measures to support the customers in flood damaged regions in city.

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Top online term insurance plans in India for Rs 1 crore: A first time buyer guide

Buying a term insurance plan that takes care of future financial obligations should be the approach and not merely buying a cover on an ad-hoc basis.

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All you need to know about restoration benefit in health insurance

The restoration benefit in health insurance is a feature that reinstates the total sum insured in case it gets exhausted any time within the policy period.

General Insurance: Health insurers post strong growth in YTD FY22

The pandemic accelerated topline growth in health insurance, and it is now seen as a significant financial tool

Overall GDPI grew 12% y-o-y for YTD FY22 but declined by 2.8% y-o-y in September 21.

Insurance claim liable to be rejected if lapsed on account of non-payment of premium: SC

The apex court observation came while setting aside an order of the National Consumer Disputes Redressal Commission (NCDRC) that ordered additional compensation in a road accident case.

The apex court said it appeared that the evidence was being collected in the lynching case to protect one particular accused, alluding to the son of Union Minister Ajay Mishra.

Know these benefits of a life insurance savings plan to brighten your financial future this Diwali

While there are many financial instruments to choose from, life insurance plans provide flexible and personalized offerings which allows one to curate a plan providing protection and guaranteed saving

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At least 40 cr individuals don’t have any financial protection for health: Niti Aayog

According to the report, the missing middle predominantly constitutes the self-employed (agriculture and non-agriculture) informal sector in rural areas, and a broad array of occupations – informal,

The report titled ' Health Insurance for India's Missing Middle' said that expansion of health insurance coverage is a necessary step and a pathway in India's effort to achieve universal health coverage (UHC).

Navigation through uncertainty: How Insurance should be ready for the challenges ahead in a digital-first world?

As businesses progress towards ‘growth and recovery’, the fear of uncertainty will continue to lurk in the market and, ongoing speculation on future COVID infection waves will cast a cloud over cu


Health insurance: Tips for buying health plan for senior citizens

Look for medical insurance with the shortest waiting period and minimum number of diseases under this period

Purchase those plans where the long-life renewability features are offered by your insurer as this varies from insurer to insurer.
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