Insurance

Wary of a car breakdown during a road trip? Your insurance company will help you

RSA or Roadside Assistance is an add-on that you can take while buying a motor insurance policy or renewing it.

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Life insurance: High individual premium drives growth for private insurers

The company has increased focus on ULIPs in the past two years. Its ticket size in individual non-single segment was up moderately by 13% y-o-y/m-o-m.

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Motor insurance: Now buy standalone own damage cover

Policyholders will have the option to renew the own damage component of a bundled cover on or after September 1, with the same insurer or different insurer, on an annual basis.

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LIC’s Nav Jeevan offers good insurance cover, tax benefits with options to pay single or limited premium

LIC’s Nav Jeevan plan is a non-linked with profit endowment assurance plan, with the options to pay either single premium or limited premium for 5 years.

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Term Insurance Vs Home Loan Insurance: Which is a better bet for you to protect your home loan?

Home loan insurance can be beneficial both for the lender and the borrower. However, it’s critical make an informed decision factoring in your financial requirements.

Home loan, RBI, MCLR, repo rate, priority sector lending, housing, News

Health insurance: Six steps for managing healthcare costs

Your biggest weapon against rising healthcare costs is the various insurance plans created to cover them

Healthcare needs come in a huge variety. (Illustration: Shyam Kumar Prasad) News

New car insurance rules decoded: Impact analysis

What the new guidelines implemented by IRDAI pertaining to motor insurance actually means and how should a policyholder take cues before buying insurance.

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Car insurance: Know which modification can lead to an increase in premium

Before making any critical changes in your car like upgrading the breaks and suspension of your car to improvise the car performance, it is important that you inform the insurer.

Also, while making modifications to the car’s interior like steering, pedals and sound system, you need to inform the insurer (Illustration: SHYAM Kumar Prasad) News

Budget 2019: TDS on life insurance policies increased

Budget 2019 India: Under Section 194DA of the Income Tax Act, 1961, any amount received by the life insurance policyholder from an insurer is subject to TDS of 1 per cent, if the maturity proceeds is

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Good news for LIC policyholders: You may now auto pay your premium by adding it to net banking

The customers of Life Insurance Corporation (LIC) of India need not worry anymore about remembering the due date of paying the LIC premium or take out time to stand in a queue to pay the renewal premi

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7 tips on how to make health insurance claims successfully

Health insurance is not mandatory but it is gaining a lot of popularity thanks to rising medical costs.

Kerala tops Niti aayog second Health Index Uttar Pradesh worst performer News

How riders can make your life insurance cover more beneficial

These riders are nothing but additional covers such as term rider, accidental death and disability rider, waiver of premium rider, critical illness rider, etc., offering benefits beyond the convention

life insurance, Term Rider, Accidental Death, Dismemberment, Premium Rider, personal finance News

Airtel Payments Bank to sell term insurance of Bharti AXA Life

Airtel Payments Bank, India’s first payments bank, has partnered with Bharti AXA Life Insurance to offer the Bharti AXA Life POS Saral Jeevan Bima Yojana.

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Budget 2019: Modi government must take these steps to check ‘growing medical expenses’

Budget 2019-20: In the next 10 years we would spend $372 billion for our healthcare according to an IBEF report published recently.

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Life insurance just a tax-saving instrument? It’s much more than that

When an individual is buying life insurance, the core purpose should not be limited to just tax saving. It has a more significant purpose and importance to our lives.

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Budget 2019: GST on insurance same as GST on alcohol; Is it justified?

Union Budget 2019 India: A GST waiver should be approved for Life Protection Plans because while life insurance gives people financial protection, consumption of alcohol is considered dangerous to hea

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Insurance Review: Max Life Smart Term Plan; Options galore to customise as per need

While a reasonable 65 per cent of the urban population of the country owns life insurance, term insurance owners only make an abysmal 21 per cent of urban India.

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Insurance Review: HDFC Life Sanchay Plus: Features, options and suitability

HDFC Life Sanchay Plus is a traditional life insurance plan with guaranteed additions in place of bonus. Let us see, whom it suits?

HDFC Life Sanchay Plus, life insurance plan, Review, guaranteed additions, sum assured, regular income News

Senior Citizen Health Insurance: Here’s all you need to know

With the rise in lifestyle-related issues, it becomes extremely challenging for the human body to maintain optimal health as it ages. This is where health insurance for senior citizens becomes crucial

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New motor insurance rules: 3 options to get car and bike cover now

While the third-party insurance cover continues to be a mandatory cover, from September 1, 2019, car and bike policyholders will have 3 options to get their vehicles insured.

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Rajasthan will implement Centre’s health insurance scheme Ayushman Bharat jointly with the state’s

Ayushman Bharat provides for cashless medical treatment worth up to Rs 5 lakh to the beneficiary families per year.

Rajasthan government, Ayushman Bharat, health insurance scheme,  Ayushman Bharat scheme, Bhamashah scheme News

Booking railway ticket early for vacation? How travel insurance may benefit you while traveling and when not!

Insurance company will provide Rs 10 lakh cover during the scheduled journey for a premium of just Rs 0.49 per passenger, but it may benefit even if your scheduled journey is cancelled.

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How often is it important to review your life insurance policy?

You should regularly consider reviewing your life insurance policy to determine if the coverage in your policy is still appropriate for your situation.

Max Life Insurance, Max Life Smart Term Plan, Term Plan,term insurance plan, premium payment News

Unit Linked Child Plans to consider to secure your child’s future

ULIP-based child plans are one of the most sought-after investment products in the market.

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Budget 2019: Will GST be removed on health insurance premium in the upcoming budget

The health insurance premium may still be out of reach of several individuals especially those who may not be able to afford adequate sum insured.

Budget 2019, Union Budget 2019 India, Budget 2019 India, Budget 2019-20 News

Aditya Birla Health Insurance launches ‘Activ Care’ for Senior Citizens: Find out what’s in it for you?

Reactive care financially equips senior citizens during hospitalization whereas 'proactive care' provides them with the essential support system one requires in all the three phases of their health jo

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Here is how to avoid being a victim of phishing or fraud while buying life insurance online

Term plans basically act as an income replacement tool hence keep a life cover of at least ten times of your annual take-home pay.

New India Assurance, Oriental India, United India, National Insurance Company News
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