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August 05, 2020, Wednesday
IRDAI allows life insurers to get consent of policyholders electronically
This facility, to be allowed on an experimental basis with immediate effect till December 31, 2020, will remain limited to pure ...
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July 31, 2020, Friday
Women power to steer two of three beleaguered PSU non-life insurers
Women power will be steering forward two of the three beleaguered government owned non-life insurers, said industry officials
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July 30, 2020, Thursday
What you need to know about Arogya Sanjeevani health insurance policy
Launched by Irdai, the plan's main objective is to make insurance more accessible, affordable and less confusing for policy
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July 24, 2020, Friday
Irdai allows insurers to offer Arogya Sanjeevani as group insurance policy
Arogya Sanjeevani Policy, whether in individual or group form, will also cover treatment of Covid-19 disease
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July 21, 2020, Tuesday
How withdrawal of long-term motor cover will benefit the consumers
Older policies of three and five years will continue till expiry
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July 10, 2020, Friday
Insurers start offering standard Covid product as mandated by Irdai
As of now, the insurers have to offer the indeminity-based standard Covid cover (Corona Kavach), but later they may also offer ...
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July 09, 2020, Thursday
Looking for Covid-specific insurance? these policies could be of use
It makes sense to buy Arogya Sanjeevani or the two new policies that the IRDAI has proposed even if you have a comprehensive ...
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July 07, 2020, Tuesday
Irdai allows insurers more flexibility on Arogya Sanjeevani sum insured
Insurers can offer sum insured of less than Rs 1 lakh, while the maximum can exceed Rs 5 lakh. Insurers could earlier offer ...
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June 27, 2020, Saturday
Non-life insurers to offer standard Covid covers to consumers from July 10
It will also include the cost of treatment for any other co-morbidities, including pre-existing comorbid conditions along with ...
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June 23, 2020, Tuesday
Benefit-based Covid product to be priced higher than the indemnity one
The insurance regulator has revised its guidelines around the standard cover for the third time
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June 16, 2020, Tuesday
Can't deny health claims for policies beyond 8 years, says Irdai
Non-disclosure not a valid ground after moratorium period
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June 12, 2020, Friday
Tips to protecting your home and hearth against natural calamities
When buying a home insurance cover, opt for reinstatement value as the sum insured
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June 06, 2020, Saturday
Opting for EMI on health insurance premiums? You may end up paying more
This is because insurers are levying a nodal charge of 3-4 per cent on premium paid through instalment
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May 31, 2020, Sunday
Term insurance: Premium rates lower at younger age, don't change thereafter
As your liabilities increase, you will not have to augment your cover at a later date
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May 27, 2020, Wednesday
Irdai allows PNB to hold more than 10% promoter stake in 2 insurance firms
The insurance regulator has allowed PNB to keep its shareholding in both the insurance companies intact for now
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May 19, 2020, Tuesday
Opt for monthly payment of term premiums as insurers get set to hike rates
Some insurers have already started increasing premiums, and others are expected to do so in the next six months
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May 17, 2020, Sunday
Planning to take health insurance policy? Do not go by premium alone
You also need to take into account exclusions and sub-limits
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May 15, 2020, Friday
Business interruption policy may not pay for losses made under lockdown
Compensation will, however, be paid if a director covered by a Keyman insurance policy loses his life to Covid-19
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May 11, 2020, Monday
Life Insurers bleed in April as Covid-19 shrinks new biz premium by 33%
Market leader LIC's new business premium down 32% to Rs 3,582 cr from Rs 5,268 cr a year ago; HDFC Life, ICICI Pru among top ...
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May 07, 2020, Thursday
Insurance grace period may give rise to disputes
All policies expiring during the lockdown should be deemed extended for this period and one week thereafter
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August 04, 2020, Tuesday
General insurers received 80,900 Covid claims worth Rs 1,290 cr till Jul 31
The number of claims settled by insurers as on July 31 is 52,880 and the claim amount paid, around Rs 490 crore
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July 30, 2020, Thursday
Covid-19: Govt gets 131 claims under insurance scheme for health workers
The central government has received 131 claims under an insurance scheme for healthcare workers engaged in Covid-19 related duty ...
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July 30, 2020, Thursday
All you need to know about IRCTC insurance and OLA insurance policy
Two travel service providers OLA and IRCTC have come out with new plans in the health and accident insurance spaces
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July 21, 2020, Tuesday
SBI Life Q1 net rises 5% to Rs 390 cr, new business premium income falls
There was a decline of 29 per cent in individual new business premium, while individual rated premium slipped by 36 per cent
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July 20, 2020, Monday
Corona Kavach health insurance policy evokes good response: Insurers
Corona Kavach, which was launched on July 10 and is being offered by both general and health insurers, is a standard health ...
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July 10, 2020, Friday
Covid-19 impact: Here's why insurance may never be the same again
While new pandemic-proof policies might not be cheap, they offer businesses from restaurants to film production companies to ...
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July 09, 2020, Thursday
Can't reject claims due to discrepancies in proposal
The Commission didn't agree with LIC's argument that Singh had misrepresented facts and blamed the insurer for not doing proper ...
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June 28, 2020, Sunday
Planning to buy term insurance? Purchase before premium rises again
Ignoring it isn't an option for those who have liabilities or dependants
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June 24, 2020, Wednesday
Benefit-based Covid product to be priced higher than the indemnity one
The insurance regulator has revised its guidelines around the standard cover for the third time
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June 20, 2020, Saturday
Covid-19 brings insurance policies for directors back into mainstream
Enlightened buyers, particularly those with complex global exposures to litigious markets, are waking up and demanding ...
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June 16, 2020, Tuesday
Buy add-on covers to protect against damage due to natural calamities
Since consequential damage is not covered under the base policy, this will be an additional safety net to protect you
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June 09, 2020, Tuesday
Life insurers note 25% drop in new business premiums in May due to Covid-19
In the first two months in FY21, NBP of life insurers dropped almost 30%
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June 01, 2020, Monday
Standard Covid-19 insurance plan to have max sum assured of Rs 5 lakh
Pricing will depend on insurers but will be cheaper than normal health covers
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May 29, 2020, Friday
Arogya Sanjeevani: A straightforward, reasonably priced health plan
If you already have an insurance policy, opt for super top-up to enhance the sum assured
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May 21, 2020, Thursday
Year of survival for insurance industry; don't expect growth: Bajaj Allianz
Recognising that customers have their own concerns, he said the company is equally taking care of its own employees during this ...
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May 19, 2020, Tuesday
Covid-19 outbreak: Update insurance, tax and KYCs amid lockdown 4.0
Utilise the relaxed phase to complete unfinished tasks on personal finance agenda
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May 16, 2020, Saturday
General insurers brace for a rise in non-Coronavirus claims after lockdown
This, in turn, will impact the loss ratio of insurers in the health segment
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May 15, 2020, Friday
Covid-19 impact: Non-Life insurance premiums fall more than 10% in April
Claims have also not risen sharply both in motor and health, giving some respite to insurance companies
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May 09, 2020, Saturday
Master the claim procedure to cope better during emergency in family
With the onset of this pandemic, policyholders should now take the next crucial step of understanding how to go about filing a ...
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May 01, 2020, Friday
Rs 15.75 crore coronavirus health insurance claims lodged till date
The officials said about 790 claims have been lodged claiming about Rs 15.75 crore with several non-life insurers.
