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As the country is going through tough times amid the second wave of Covid-19, general and health insurers are witnessing a sharp jump in Covid-related claims. Many insurers have seen as high as 60% jump in Covid related health insurance claims as compared to September when the virus was at its peak. Experts say the […]
Those with a pre-existing disease can even get a health policy while sitting in the comfort of their home
The apex court was hearing an appeal filed by IFFCO Tokio General Insurance against an order of National Consumer Disputes Redressal Commission, which held the insurer at fault for excluding the policy liability on ground of drunken driving
Insurance in its purest form is protection against the risks due to certain but unpredictable events that have an adverse effect on the financial standing of an individual or one’s family
COVID-19 pandemic has impacted the physical, financial health of almost every individual and reiterates the importance for health insurance
Bank fixed deposits have been giving an average return of 5.4% at a time when rising prices of goods and services are increasing at rapid pace. With fixed deposits earning a negative real return, do guaranteed return investment plans from life insurance companies give you an advantage over fixed deposits? Guaranteed return insurance policies are […]
The gross direct premium written by the non-life insurance companies witnessed a 5.2% increase in 2020-21 to Rs 1,98,734.68 crore, data from Irdai showed
Third-party insurance is a mandatory requirement by law
Employees who completed three years with the company as of December 31, 2020 were eligible to liquidate anywhere between 40% to a full 100% of their vested ESOPs
We often hear people complaining about their health insurance policies. One of the common contentions is the fact that insurance company deducts a large sum while reimbursing hospital bills. What are these costs? Why do insurance companies deduct them at the time of claim settlement? Well, at the time of buying a health insurance policy […]