Coming Soon! Index-linked products for life insurance policyholders on the anvil The IRDAI has set up a working group to examine various aspects of Index-Linked products in Life Insurance Segment. September 1, 2020 19:18 IST
Insurance: How digital health records can help insurers as well as the insured No insurance scheme can remain sustainable by making some people subsidise the premiums payable by the people with some major… September 1, 2020 00:30 IST
Irdai permits insurers to use video-based KYC for onboarding customers The Reserve Bank of India has already amended the Know Your Customer (KYC) norms, allowing banks and other lending institutions… August 31, 2020 21:09 IST
Life Insurance: You can buy online term plan to save premium cost As insurance companies are tweaking their product strategies, customers should opt for online term plans which are 20 to 30%… August 31, 2020 07:30 IST
Alert for Pensioners! LIC of India reintroduces Jeevan Akshay plan, modifies Jeevan Shanti LIC of India has reintroduced Jeevan Akshay as it was an immensely popular plan and the mainstay in the insurer’s… Updated: August 28, 2020 21:44 IST
Make process of claims seamless, painless: Anurag Thakur tells insurers The insurance industry should gear up to seize the moment as the post-COVID-19 world is going to be very different,… August 28, 2020 18:46 IST
How a super top-up health insurance plan can help you A cost-effective way to protect against future medical requirements and beat medical inflation could be going for a super top-up… August 28, 2020 12:54 IST
Why engine protector add-on cover is essential in motor insurance While a comprehensive motor insurance policy covers any damage to the interior of the vehicle, an engine protector add-on covers… August 28, 2020 05:15 IST
Irdai asks insurers to launch more Covid-focused products Corona Rakshak is a fixed benefit plan in which if policyholder is diagnosed with Covid-19 and hospitalised for three days,… August 28, 2020 00:50 IST
Embedded Value: Time for no-frills policies, online purchase The pandemic has upset many age-old assumptions about financial security and has put the focus on preparedness to tackle the… August 28, 2020 00:40 IST
Digital kept us alive during lockdown: Bajaj Allianz MD & CEO Customers are reluctant to meet sales agents and are increasingly preferring virtual meeting with the sales executive, but this is… August 28, 2020 00:15 IST
Will motor insurance claims be rejected in absence of PUC Certificate? Clarification from IRDAI Some reports were published in the media to the effect that if there is no valid PUC certificate at the… August 27, 2020 16:36 IST
Bajaj Allianz Life Insurance launches ‘Smart Assist’, a real-time assistance service: Know how it works The service will enable one to connect with the Company, through a secure screen sharing feature, to avail real-time assistance… August 27, 2020 16:07 IST
Insurance traditionally lags in terms of tech adoption InsurTech complements the insurance industry using technology. It has been innovating at a faster pace compared to other tech spaces. August 26, 2020 00:05 IST
Guaranteed income benefit for 6, 8, 10 or 12 years – Check features of this life insurance savings plan Combining protection and savings into a single flexible solution, the plan offers policyholders guaranteed returns to help meet important life-stage… August 25, 2020 16:34 IST
Demand for Corona Kavach surges as COVID-19 cases spike in India The trend shows that there is huge demand for short-term COVID-19-specific covers, especially among the first-time buyers of health insurance. August 25, 2020 11:59 IST
Standalone health insurance industry to see 20% growth in FY’21 There has been a buying-spree for health insurance plans but such enthusiasm is expected to fizzle out in coming months. August 24, 2020 22:27 IST
Sales of Corona Kavach policies on a rise, says Max Bupa For the insurer, growing awareness is translating into the purchase of policies across the country, Max Bupa Health Insurance MD… August 23, 2020 19:37 IST
