According to a survey by insurance portal PolicyBazaar, cost of treatment has more than doubled in the last five years
43% of people have not yet bought health insurance policies in India!
There are now 25 companies in the life insurance business and 34 in the general insurance sector in the country.
General insurance companies offer property insurance for long periods, ranging from 10 to 20 years. Premiums are relatively cheaper
Amidst rising inflation, multi-year health insurance policy is proving to be a good option.
You can also take advantage of tax deduction on annual premium under Section 80C of Income Tax Act on endowment plans!
In auto insurance policy, if we do not take any claim in the first year, then the insurance company gives a discount in the premium next year
There are two problems before IRDA. First- less companies and second more people. A country like India needs more insurance companies and products
If your friend, family or relative is mentally ill then this is how IRDAI can give relief to them. Watch this video...
All new insurance policies will be issued in demat format. Know the reason behind this move and how it will make life easier for the policyholder.