Page 10 - General Insurance

Despite huge investments, PSU insurance firms face financial constraint

National Insurance and Oriental Insurance have solvency ratios below the required 1.5%

Readers' corner: General Insurance

K G Krishnamoorthy Rao, MD and CEO, Future Generali India Insurance, answers your questions

General Insurance: Rakesh Jain

Rakesh Jain, chief executive officer, Reliance General Insurance, answers your questionsI have not made a claim on my motor insurance in the past five years. If I buy a new car, can I use the no-claims bonus that has accumulated in my policy? Yes you can, as the no-claims bonus follows the fortune of the insured and not the vehicle. The new vehicle can be substituted on the policy to avail the benefit, provided the class of vehicle is the same.Is there any mandatory insurance for shop owners? It is not mandatory for shop owners to take insurance. However, owners who handle specified hazardous materials (as defined by law) have to take public liability insurance policy. Nevertheless it's advisable to take shopkeeper insurance which under its multiple sections provides coverage for damage to shop and its contents caused by fire , theft, etc.If I purchase a family health insurance policy in the city where I work, will it cover my wife and kids who are in another city? Yes, if your wife an

Management expense caps announced for general insurers

Motor, health allowed higher expenses than other categories; heavy penalties if limits are exceeded

Readers' Corner: General Insurance

Rakesh Jain, chief executive officer, Reliance General Insurance, answers your questions

Readers' Corner: General Insurance

Rakesh Jain, CEO, Reliance General Insurance, answers your questions