Great news! Health insurance plans now restore or recharge insured amount even if you make a claim

Many medical insurance companies have introduced new features such as Recharge of Sum Assured along with Restore of Sum Assured. However, are both the dame

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Motor insurance: Here is how you can get Rs 15 lakh personal accident cover on buying car insurance

Buyers of new cars and two-wheelers will also now have to mandatorily purchase third-party insurance cover upfront for at least three and five years.

Irdai raises minimum driver insurance cover to Rs 15 lakh

Insurance Regulatory and Authority of India (Irdai) in its circular has asked insurers to enhance capital sum insured in compulsory personal accident cover for owner-driver under motor insurance polic

Pradhan Mantri Jan Arogya Yojana: PM Narendra Modi to launch ambitious healthcare scheme on Sunday from Jharkhand

Prime Minister Narendra Modi will launch the ambitious healthcare scheme Pradhan Mantri Jan Arogya Yojana from Jharkhand on Sunday.

Now Rs 15-lakh insurance cover must for owner-driver; Here’s how it will benefit you

Insurance regulator Irdai has raised the minimum insurance cover for owner-driver to Rs 15 lakh for a premium of Rs 750 per annum, a move to provide some succour to road accident victims.

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When is the right time to buy insurance? All you need to know

As responsibilities start kicking in anywhere between the mid-20s and early 30s, it is always taken on with much enthusiasm.

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Modicare: Premium to be capped at Rs 1,110

The Centre will likely cap annual premium outgo for the ambitious Pradhan Mantri Jan Arogya Yojana (PM-JAY) at Rs 1,110/family, to provide Rs 5-lakh-a-year health cover to 10.74 crore households.

ESIC scheme to give cash relief to insured persons during unemployment

Employees State Insurance Corporation (ESIC) Wednesday approved a new scheme which would pay cash relief to insured persons during the period of unemployment, the Labour Ministry said.

4G ULIPs are here! How to Invest to Best Plans – Here’s all you need to know

With their low-risk and high-return giving characteristics and easy switch options, NULIPs are the solution to investors who worry about the volatility of the market and want to hedge investments.

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Home insurance scheme on lines of Ayushman Bharat, PMSBY needed to mitigate damage from natural catastrophe

An index-based policy can be announced which will compensate for the damage caused by the natural catastrophe where the triggers of the Nat-Cat event will be predefined.

Ayushman Bharat to give fillip to Digital India, says JP Nadda

Union minister J P Nadda Tuesday said the "Ayushman Bharat", the insurance scheme of the central government to be launched by Prime Minister Narendra Modi on September 23, will give a fillip to Digita

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Anganwadi, ASHA workers to get free insurance cover soon, says Labour Minister Santosh Gangwar

Labour Minister Santosh Gangwar said Monday that Anganwadi and ASHA workers would soon be getting free life and accident insurance under the PMJJY and PMSBY schemes.

Why home insurance has become a must today – All you need to know

Although the government does its best to provide economic help to the people during a natural disaster like Kerela floods, a proper financial planning certainly lowers the financial burden.

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Why most people still do not feel the need to buy insurance

Low density and penetration indicates that nothing significant has happened for Indians in insurance.

Six tips to reduce your two-wheeler insurance premium

You can go for a three-year policy and save on the insurance premium.

LIC Jeevan Shanti Vs Jeevan Akshay Vs Jeevan Nidhi Vs Jeevan Umang: Which is the most suitable pension policy for you?

With the NPS money started gushing in after the change of pension policy of the Central and sate governments in 2004, LIC has launched a new pension plan – Jeevan Shanti.

Apollo Munich ready to launch cancer-specific health insurance plan – iCan

Any person between the age of 5 and 65 years can buy this policy, and is eligible for lifelong renewals even after there are claims.

Relying only on group health insurance? Here’s why personal cover is a must

Unlike a corporate policy, which you can avail till you are working in the organisation, your own health insurance policy will remain with you as long as you keep renewing it.

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Selling life insurance to millennials

Millennials are going to drive the industry growth, along with digitisation and a data economy

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5 little known facts about ULIPs which you need to know

Before going for a ULIP plan, a prospective investor should study the plan carefully.

Life insurers’ premium from new polices up by 6 pc to Rs 18,639 cr in August

New premium collection of life insurers grew by 6.43 per cent to Rs 18,639.29 crore in August compared to the year-ago month, according to the figures released Wednesday by insurance regulator IRDAI.

LIC launches single-premium pension plan Jeevan Shanti; Here’s all you need to know

The annuity rates are guaranteed at the inception of the policy for both immediate and deferred annuity, which would make the financial condition of the pensioner stable.

Life insurance: You can buy reducing term insurance to cover your home loan

A life insurance policy is considered as a contract and all the terms and conditions at the time of purchase are considered sacrosanct.

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Irdai to come out with final report on ‘black box’ in motor insurance

The Insurance Regulatory and Development Authority of India (Irdai) is planning to come out with a final report on telematics in motor insurance by the end of current financial year. Regulator also as

Indian insurance industry to touch $280bn by FY20, Modi government’s Ayushman Bharat to aid growth

The Indian insurance industry is expected to grow to USD 280 billion by 2019-20 aided by the government's flagship Ayushman Bharat and increasing awareness about need for protection, according to an A

Post department to set up insurance company in 2 years: Manoj Sinha

The Department of Posts is working to set up an insurance company after launching of a payments bank and the parcel directorate, Communications Minister Manoj Sinha said.

IRDAI may allow insurance companies to test products in a particular geography or among few policyholders before rollout

IRDAI is working on the guidelines for ‘sandbox’ method which will allow insurance companies to test products in a particular geography or among a set of few policyholders before they are availabl

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