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One of the common obstacles is that these policies are not available online. In the absence of online policies, one has to visit the branch, which is difficult considering the ongoing pandemic
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The Own Damage (OD) section of the motor insurance policy covers any damage caused to the insured vehicle due to a natural disaster/calamity
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These government-backed life insurance schemes are available at rural post offices
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In case the deceased husband had not made any contribution towards premium, there is no justification on the wife's part to seek her share, Justice S Vaidyanathan said
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According to data put out in the 2021 annual report of the Reserve Bank of India, 98.1% of the total number of 252.6 crore accounts remain covered against the international benchmark of 80 per cent
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IRDAI has asked life insurance companies to initiate immediate action to ensure that all reported claims are registered and eligible claims are settled promptly
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Of the total claims settled during 2020-21, nearly five per cent were on account on coronavirus-related deaths
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With the lifelong renewability clause of health insurance plans, you only need to renew your plan on time in order to get all the benefits
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The standard personal accident insurance policy offers three mandatory covers - death, permanent total disablement and permanent partial disablement
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According to General Insurance Council (GIC) data, insurers have received 15.32 lakh Covid claims until May 20, 2021 amounting to Rs 23,715 crore. Of this, 12.59 lakh claims worth Rs 12,133 crore have been settled