PERSONAL FINANCE NEWS AND INSURANCE
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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 ...
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August 03, 2021, Tuesday
Invest in equal-weight index to reduce concentration risk: Analysts
Begin with a 50:50 allocation to Nifty50 & Nifty50 Equal Weight index fund
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July 19, 2021, Monday
Allow life insurers to sell pension-based health policies: HDFC Life chief
Regulators should allow the life insurance firms to sell pension and indemnity based health policies, as it will lead to greater ...
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July 16, 2021, Friday
PNB MetLife announces Rs 532 crore bonus for policyholders in FY21
PNB MetLife India Insurance Company has announced a bonus of Rs 532 crore for the eligible policyholders of participating ...
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July 02, 2021, Friday
ULIPs gain traction as preferred insurance schemes amid pandemic: Survey
Affinity of investors to park money in ULIPs has gone up during the pandemic, mainly because of flexibility to manage the funds, ...
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June 15, 2021, Tuesday
Don't delay choosing nominee for life insurance policy, say analysts
Select a dependent or person likely to shoulder family's financial responsibilities
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June 05, 2021, Saturday
FM calls for faster claim settlement under PMJJBY in meeting with insurers
Nirmala Sitharaman stressed the importance of streamlining the process and documentation requirements
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May 19, 2021, Wednesday
PFRDA subscriber base jumps over 23% to 42.7 million by April 2021
The Pension Fund Regulatory and Development Authority has registered over 23% jump in the subscriber base under its two flagship ...
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May 18, 2021, Tuesday
Insurers must boost digital play on Covid-driven interest in sector: study
Over 60% insurance execs say Covid-19 affected their firm's customer acquisition efforts, 40% cited impact on customer retention
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May 14, 2021, Friday
Unhappy with insurer's response to your Covid claim? Move the ombudsman
If your complaint has merit, the ombudsman, which is decidedly consumer-centric, could rule in your favour
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May 10, 2021, Monday
Amid Covid, LIC relaxes claim settlement requirements from Monday
LIC has allowed alternate proofs of death as a relevant proof. Earlier, death certificates were mandatory for claims process
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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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August 17, 2021, Tuesday
Claim and counter-claim: Health insurance key point of debate in pandemic
Over the months of a continuing pandemic, the issue of health insurance and the problems that many families and individuals have ...
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July 30, 2021, Friday
Going abroad for studies? Student policies from Indian insurers are cheaper
If you buy from them, and not from a university-approved insurer, make sure the policy meets all specifications
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July 17, 2021, Saturday
Bolster your defences with heftier emergency corpus and health cover
It's advisable to postpone big-ticket purchases funded by debt until the risk of a third Covid wave wanes
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July 07, 2021, Wednesday
Port if health insurance policy premium starts to pinch, say analysts
The best way to save on cost of term insurance is to enter at an early age
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June 25, 2021, Friday
Ensure you get continuity benefits when porting your insurance policy
Don't select new policy based on price alone; look for old one's shortcomings
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June 05, 2021, Saturday
Insurers to process claims under govt's flagship schemes within a week
Finance Minister Nirmala Sitharaman meets heads of insurance companies for faster claim settlement amid pandemic
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May 20, 2021, Thursday
Save up to 50% by opting for minimal motor insurance cover: Experts
Owners of younger or more valuable vehicles should stick to comprehensive cover
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May 19, 2021, Wednesday
Greater insurance cover or low premium: Strike a balance, say experts
It is advisable to buy a policy that offers more comprehensive coverage
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May 18, 2021, Tuesday
Cyclone Tauktae: Consider Bharat Griha Raksha to shield against calamities
To safeguard your vehicle against a cyclone, supplement a comprehensive motor policy with a couple of add-ons
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May 12, 2021, Wednesday
Payout from EPFO insurance scheme is tax free: Check details here
The minimum death benefit under the scheme has been fixed at Rs 2.5 lakh, with effect from February 15, 2020. A bonus is also ...
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May 10, 2021, Monday
IRDAI imposes Rs 30 lakh penalty on SBI General Insurance Company
Regulator IRDAI has imposed a penalty of Rs 30 lakh on SBI General Insurance Company for its failure to comply with the ...
