This, in turn, will impact the loss ratio of insurers in the health segment
The idea behind such policies seems to be - lower the mileage, lower is the probability of an accident
The underwriting losses of the general insurance industry increased to Rs 22,320 crore in FY19 from Rs 15,341 crore, a jump of 45%
Irdai said IPPB will also have to put in place a system to identify the postman and grameen dak sevak who has sold an insurance policy
You should approach an insurance company of your choice and get an insurance cover for your vehicle immediately. The insurance company may want to inspect your vehicle
To know the conditions acceptable for refund of flight expenses, read the specific section of the policy wording
The 34 non-life insurance firms had collected a premium income of Rs 11,715.05 crore in the corresponding month a year ago
One can purchase a fresh policy with comprehensive coverage wherein own damage risk of the vehicle will also be covered along with third-party (TP) liability cover
The government is exploring various consolidation options, including merger of state-owned general insurance companies with New India Assurance, with a view to create synergy and unlock value
General insurers look to make a mark on the global stage, leveraging their understanding of the game through the Indian Premier League
Check if your policy offers the 'daycare hospitalisation' feature
It is essential to buy personal (or family floater) health insurance cover as prolonged hospitalisation can drain your savings
Overseas Travel Insurance plans provide coverage if you travel by a scheduled airline or cruise only
An extended warranty policy covers the contingencies covered under manufacturers' warranty for an extended period
What is the maximum tenure that can be chosen for a home insurance policy for a housing loan?
Cyber risk is relevant for e-commerce business as customers share their personal details with the website from where they buy products
Extensions are offered by Insurers in travel policies
India is extremely under-penetrated in general insurance so growth potential could be high
From blockchain to telematics, insurers are using technology to file claims, earn rewards
You can avail tax deduction for premium paid for self, spouse, dependent children, dependent parents