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An old term policy can be revived after paying the lapsed premium along with interest charges and medical charges
RBI will regulate the Account Aggregator (AA) through an NBFC-AA license
Maternity insurance is an add-on cover policyholders can opt for in a health insurance policy, either in individual or family floater plan
Every parent must buy term insurance to ensure that their daughter’s requirements are not compromised in their absence
Family floater plans make the most sense for a young and budding family, where you are the primary insured member.
Electric scooters can be insured under the same motor insurance plans as for non-electric vehicles with third party coverage.
Usually, opting for comprehensive car insurance is better than third party insurance but it will incur a higher premium.
An individual should review his/her policy preferably two-three months before they are due for renewal.
Before buying a health insurance policy, do ask your agent all these questions so that you know fine prints of the policy in advance.
IRDAI had assigned a working group to assess bringing standardisation of cyber liability insurance policy.