Father’s Day Special: Life insurance and financial tips for a secure future

No matter how meticulous you are with your finances, failure to purchase adequate insurance can impair your financial future.

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Health Insurance: After losing parents, will orphans lose medical cover as well?

Despite the fact that Covid-19 fatalities among children are low, the pandemic has played havoc in the lives of many little ones, with thousands of children losing one or both parents.

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Life insurance claim process after death due to cyclones, pandemic, other disasters: What insurers say

Life Insurance Claim Process: The ongoing pandemic has destroyed thousands of families across the country.

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Shocked by COVID deaths, young Indians rush for life insurance

When a devastating second wave of the pandemic peaked in India during April and May, the numbers of people aged between 25 and 35 buying term insurance was 30% higher than in the previous three months


Smart tips for buying a comprehensive health insurance plan amid pandemic

Purchasing an insurance plan is always advisable. While old age is not a barrier, it is always better to buy an insurance plan early in life for it can prove to be of great help in old age.

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Life Insurance: How nominees can easily process Death Claim Settlement

In times like these, where mobility itself is a significant constraint and risk, insurance companies offer various digital options for easy claim intimation by the claimant.

Senior citizen health insurance Vs Regular health plans: Which is better for senior citizens?

Today health insurers have come up with impressive comprehensive health insurance plans for senior citizens that are curated to offer adequate financial security at affordable prices.

Life Insurance and Health Insurance: Why to get insured and which cover is essential?

The aim of taking insurance is getting financial protection against a risk, where uncertainty is there about timing and/or occurrence of an insurable event.

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IRDAI issues guidelines on professional indemnity policy for insurance intermediaries

As per the guidelines, every general insurer should endeavour to offer the standard professional indemnity for insurance brokers, corporate agents, web aggregators and insurance marketing firms.


Policybazaar gets insurance broking licence from IRDAI

The broking licence will allow the company to venture into segments which it could not do in the past like claims assistance, offline services, and establish Points of Presence network.

PolicyBazaar’s revenue from operations increased to Rs 886.66 crore in FY21 from Rs 771.29 crore in FY20. Total comprehensive losses narrowed to Rs 153.27 crore in FY21 from Rs 303.13 crore in FY20.

ESIC to cover casual, contractual employees of municipal bodies

The statement said that for the National Capital Region of Delhi, the Central Government being the appropriate government under the ESI Act, the labour ministry has already issued such ‘intention’

“The ESI Corporation has been directed to take up the matter with the states/ UTs, being the appropriate government(s) under the ESI Act, for the issue of notification for coverage of casual and contractual workers in the municipal corporation(s)/ council(s) in their respective jurisdictions,” an official statement quoting labour minister Santosh Kumar Gangwar said.

Non-life insurers’ gross direct premium rises 11 pc to Rs 12,316 cr in May

The six standalone private sector health insurance companies registered a jump of 66.6 per cent in their gross premium at Rs 1,406.64 crore in May 2021, as against Rs 844.13 crore earlier.


How to Claim Motor Insurance for Vehicles Damaged in Cyclones?

A motor insurance claim may get rejected if the insurer is informed late. The claim may also get denied in case of incorrect vehicle registration details, unauthorized modifications, foul-play reporte

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Rise in health insurance renewals – Rush towards wellness products

Consumers are now using their wellness points during the health insurance renewal to avail discounts on the premium.

How much Rs 2 crore term insurance plan will cost you

Term insurance plans are low-cost, high-cover plans to provide life protection.

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Covid-19 and impact on senior citizen’s insurance needs

There is a low interest rate scenario in the country and on top of it, the rising medical expenses owing to Covid-19 has impacted the finances of most of the retired senior citizens.

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ICICI Pru Life Insurance announces highest-ever annual bonus of Rs 867 crore for policyholders

Bonus is the share of profits generated by the company's participating policyholder's funds, which are added to their guaranteed maturity benefits, thus enhancing the corpus.

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Rs. 867 crore bonus for ICICI Prudential Life policyholders declared! Check eligibility

The bonus declared is the highest ever by the Company till date and is also 10 per cent higher than the bonus announced in the last fiscal.

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Health Insurance: Keep an eye on sub-limits in your policy

Even if you have a high sum assured, you will not be able to claim the entire treatment expenses if there is a sub-limit clause in your health policy

While opting for a policy with sub-limits will lower the premium to be paid, it will lead to a lower claims payout and increase the out-of-pocket expenses of the policyholder.

PLUM: Group health insurance made fast and simple

The platform enables real-time insurance design and pricing to enable firms to buy insurance in three clicks

(L-R) Co-founders Saurabh Arora and Abhishek Poddar

Review Meet: Finance minister asks states, insurance companies to expedite settlements of claims under key schemes

During a review of the Pradhan Mantri Garib Kalyan Package (PMGKP) Insurance Scheme for health workers fighting the pandemic, the minister observed that only 419 claims amounting to Rs 209.5 crore hav

Faster claim settlements have assumed greater significance in recent months, given the ferocity of the pandemic that has claimed 3.44 lakh lives in the country.

How to claim car insurance for damages caused by cyclones, other natural calamities

There are a couple of things that must be kept in mind and strictly followed to ensure that your claim is not rejected.

Not just group health policy, ACKO offers comprehensive benefits for employees: Janani Viswanathan | Interview

Acko said its new-age digital Group Medical Coverage (GMC) provides comprehensive health benefits that focus on primary care and wellness, besides hospitalisation insurance, all in one ACKO mobile App

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Buying a family floater health plan? Keep these important things in mind

Health insurance policies are usually available in two variants when it comes to covered individuals -- individual health policy and family floater health policy.

How much will Rs 10 lakh health insurance plan cost for a family of 4?

In a Family Floater plan, on paying a single premium amount, the sum insured (coverage) can be utilized by any member of the family.

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Insurance: Claiming damages due to cyclone is now easier

With Irdai calling for speedy settlement of claims, insurers are encouraging policyholders to file claims online

Insurers will encourage policyholders to use electronic communication for filing the claim and ensure digital processes for assessment of claims

Pay Rs 342 for triple insurance cover up to Rs 2 lakh! Enrollment in these govt schemes begins June 1

The coverage for both the schemes is for 1 year starting from June 1 till May 31 next year and they have to be renewed each year by paying the required premium.

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