PERSONAL FINANCE NEWS AND INSURANCE
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May 26, 2022, Thursday
Insurance firm Howden to raise stake in Indian arm to 100%%; gets Irdai nod
Global insurance broker Howden said it has received insurance regulator Irdai's approval to raise its stake from 49% to 100% in ...
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May 21, 2022, Saturday
Opt for critical illness plan with lower survival period clause: Experts
CI plans generally offer global coverage. "Even if the insured is diagnosed with a CI outside India, this plan will make a ...
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May 09, 2022, Monday
Pay your health insurance premium on time and enjoy lifelong renewability
Accumulated no-claim bonus and advantage of having crossed waiting period will be lost if you fail to pay your health insurance ...
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April 26, 2022, Tuesday
Trip insurance & safety net: Get hotel quarantine cover
Read the fine print before buying a travel insurance policy
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March 24, 2022, Thursday
Term insurance necessity for women, add critical illness cover: Experts
Most insurance experts concur that women don't buy term insurance - one policy that can provide adequate protection - in large ...
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March 08, 2022, Tuesday
91% people consider purchasing life insurance necessary: Survey
Most people in the country consider purchasing life insurance a necessity but only 70 per cent are willing to invest in the same, ...
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March 08, 2022, Tuesday
Third-party motor insurance premium hike not enough: Industry
In the past, the general insurance industry has seen TP premium increases in double-digits for the blended pool
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February 18, 2022, Friday
Allowing your life insurance policy to lapse carries a very high cost
You will lose out on the cover, pay a surrender charge, and usually end up paying a higher premium when you buy a new policy
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February 09, 2022, Wednesday
Buying new policy instead of reviving old one could mean higher premium
But it means avoiding the premiums and interest for lapsed years, so do the math
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January 14, 2022, Friday
Protect yourself from these common mis-selling ploys insurance agents use
An IRDAI report shows that banks and broker channels received more mis-selling complaints than other channels
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January 11, 2022, Tuesday
Omicron impact: Demand for health insurance products picks up pace
Recent data suggests that non-life insurers have settled more than 2.75 million Covid health claims
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December 29, 2021, Wednesday
Insurance brokers' advice to become crucial amid tighter underwriting norms
Low existing rates and revision of reinsurance premiums are key driver
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December 03, 2021, Friday
Voluntary exit from term plan could rob nominee of windfall, say experts
If automatic hike in sum assured is lower than increase in your liability, buy additional plan
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October 07, 2021, Thursday
Benefits offered by OPD cover should be in line with your family's needs
If OPD coverage is built into a policy, or is offered as a rider, the limit will be specified
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September 29, 2021, Wednesday
Term insurance premium set to rise by 25-30% after Munich Re hikes rates
Reinsurance rates hiked by upto 40%; Premiums may increase by 30%
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September 27, 2021, Monday
Dip in Covid-specific policy sales as consumers go for comprehensive covers
However, despite losing money on short-term Covid products, insurers say they will offer them till the regulator specifies
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September 22, 2021, Wednesday
Covid insurance makes sense if you have a comprehensive policy: Experts
Especially if sum insured is small, at say Rs 5-7 lakh for the family
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September 15, 2021, Wednesday
Amid rise in cybercrimes, a cyber risk insurance can cut your losses
But also buy a comprehensive antivirus software
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August 31, 2021, Tuesday
Claims settlement ratio at 99.25% in FY21: Digital insurer Aegon Life
Digital life insurer Aegon Life on Tuesday said it has achieved a death claim settlement ratio of 99.25 per cent in FY21.
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August 24, 2021, Tuesday
Term insurance plan: Automating increase in sum assured could prove useful
To raise your life cover considerably, buy a second term plan
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May 25, 2022, Wednesday
Get car engine insurance to keep you afloat during rains, say experts
Roadside assistance and outstation emergency add-ons are useful
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May 18, 2022, Wednesday
Life insurance: Homemakers must have a term cover of least Rs 20-50 lakh
Homemakers Insurance: Declaring any form of income, like rent, that the homemaker earns can help her get a higher sum assured
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April 29, 2022, Friday
Insurers allowed exposure to fin, insurance upto 30% of investment assets
Accordingly, the limit of 25% of investment assets stands revised to a limit of 30% of investment assets
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April 22, 2022, Friday
Buy optimal mix of base plan and super top-up to check cost of health cover
If your insurer has hiked the premium rate excessively, consider porting
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March 16, 2022, Wednesday
A premium on execution: Meet Debasish Panda, chairman of Irdai
At the DFS, Panda, 60, created a group of officials to monitor speedier claim settlements for deaths due to Covid-19
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March 08, 2022, Tuesday
LIC effect: Life insurers' February new business premium rises 22%
NBP is the premium acquired from new policies for a particular year
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February 23, 2022, Wednesday
Appoint two-three key people as life policy's nominees, say analysts
Buyers should look it up to see which insurers have been quicker in settling claims.
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February 15, 2022, Tuesday
Home insurance policy: Buyers, now get ready for structural audit
Fortify yourself further by purchasing adequate insurance cover for the building and its contents
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January 20, 2022, Thursday
How to build a health corpus if you're unable to get medical insurance
Also try to join a group health plan at the office, bank or one covering your professional group
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January 13, 2022, Thursday
Buying a term plan? Go by hard numbers while selecting a life insurer
Avoid insurers with large difference in claims settled by number of policies and by benefit amount
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December 31, 2021, Friday
Senior citizens should buy health plans with lifelong renewability option
Buy a plan with a short waiting period for pre-existing diseases and low co-pay
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December 24, 2021, Friday
Zone-wise premiums, consumables cover now available in health insurance
While policies with more robust features are becoming available, subscribers should watch out for sub-limits and caps.
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November 09, 2021, Tuesday
BS BFSI Insight Summit: Onus on life insurers to transform biz, say experts
The life insurance industry saw massive disruptions in the initial period of the pandemic
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October 01, 2021, Friday
Compare premium rates to get a policy that best suits your pocket
To combat tighter underwriting standards, consult a distributor that could point you towards an insurer that covers people with ...
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September 28, 2021, Tuesday
Save yourself a heartache by opting for cardiac cover, say experts
A health insurance plus critical illness combo should suffice for those with a family history of cardiac ailments
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September 24, 2021, Friday
Seniors should buy health plans with some co-pay if premium has to be low
Health insurance plans for elderly: They might want to consider critical illness covers, super top-ups and plans that cover ...
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September 21, 2021, Tuesday
Insurers likely to further tighten underwriting norms for term plans
The source also added that retail term plan prices may go up further, even though the reinsurer has not specified it at this ...
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September 04, 2021, Saturday
Heading to developed country? Opt for larger sum insured, say analysts
If you plan to travel abroad soon, one way you can protect yourself is by purchasing adequate travel insurance
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August 27, 2021, Friday
Attractive though they are, scrutinise costs before you invest in Ulips
After the recent run up in equity markets, it would be prudent to opt for a mix of equity and debt funds
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August 21, 2021, Saturday
July non-life insurance premiums shrug off pandemic cloud: Care Ratings
The non-life insurance industry continued its strong performance with July numbers reporting 19.5 per cent growth in line with ...
