Life insurance is a contract through which a person transfers to an insurance company the life risk of a person in whose life he or she has an insurable interest.
On receipt of a few complaints relating to general insurers settling lesser amounts than the IDV in case of total loss of motor vehicles, Irdai has raised its concern.
If you are going opting for more benefits while porting, the premium of the new policy could be higher on account of added benefits. Also, watch out that you do not lose significant benefits in the ne
In the last few months, there have been streaks of new regulations announced by the regulator on the motor insurance side, which will eventually benefit the policyholders.
With the rising healthcare costs and the increased occurrence of lifestyle-based ailments, it is advisable to undergo a health check-up at least once every year, suggest experts.
Depending on the individual or family’s needs, one must decide on the type of policy to buy. Find out the key factors to consider prior to purchasing a health insurance policy
Indians see life insurance as the most handy instrument for planning their major life goals while nearly a third do not have any idea about how much insurance they need, a survey has found.
As per a recent report by Principal Retirement Advisors, children’s education and marriage (68%) are the two topmost financial goals in India among new-parents followed by buying a house (55%).
Product guidelines like similar minimum death benefit across all ages and differentiated pricing of protection products for those who use wearables are good steps.
The tech-based feature will allow users to capture images of the car for which the insurance has expired and upload it using ICICI Lombard’s ‘insure’ mobile app.
Insurance sector regulator Irdai has asked all the insurers to inform policyholders through messages on receipt of premium from January 1, aimed at protecting the interest of consumers.