Page 4 - Insurance Plans

Customise insurance riders to fit your family's medical background

Understand the exclusions in each rider; consider a standalone policy for comprehensive coverage

Hinduja rejigs consortium to acquire cash-strapped Reliance Capital

New structure will help meet FDI ceiling of 74% for insurance sector

Air India saves costs by taking insurance cover for merged entity

The insurance cover has been provided by a consortium of Indian insurance companies including Tata AIG General Insurance

Insurance surrender value; voice as career: Top personal finance stories

This week learn about the implications for insurance policyholders as surrender values are revised; in a separate story we write about training your voice

Engineering insurance premium doubles in 4 years on infrastructure push

Partly aided by premium rates that up by 10-15% since FY20

Paws n Claws: An insurance plan for pets that covers trip cancellations too

This isn't a "one size fits all" situation! Choose from a comprehensive (all-risk) cover or a customizable plan that allows you to pick and choose the coverage you need.

Insurance: High surrender charges deter exits

Policyholders are not the only sufferers. Taxpayers subsidise insurers' and banks' profits via unjustified tax concessions given to the maturity value of life policies

TPG Investments exits Shriram Group; Sanlam ups stake in SGIC and SLIC

Sanlam has already entered into a share purchase deal to buy 6.29 per cent in SGIC and 7.04 per cent in SLIC from TPG India Investments

TPG exits Shriram Group; Sanlam ups stake in SGIC and SLIC

Sanlam has already entered into a share purchase deal to buy 6.29 per cent in SGIC and 7.04 per cent in SLIC from TPG India Investments

Indian term insurance is being favoured by NRIs. Here is why

Term policies from India cost up to 30-50% less for NRIs residing in the UAE and Singapore.

Next big reform in Indian insurance will be indemnity cover for shipping

Amendment to have such a facility could be part of new government's early legislative agenda

Ensure timely completion of disciplinary cases: CVC to govt dept, PSBs

The Central Vigilance Commission (CVC) has asked all government departments, public sector banks and insurance companies to ensure that disciplinary cases are brought to a logical conclusion within the prescribed timelines and without any inordinate delay. The commission has said the Department of Personnel and Training (DoPT) and it have issued guidelines from time to time, impressing upon the organisations concerned for a timely conclusion of disciplinary proceedings. "However, it has been observed that on many occasions, there is inordinate delay in bringing the cases to logical conclusion, which is against the principles of natural justice and also defeats the very purpose of initiating disciplinary action," the CVC said in an order. The commission said it has prescribed model timelines for investigation and conclusion of disciplinary proceedings till the issuance of final orders. The CVC said the existing instructions and guidelines as issued by the commission and DoPT are ...

Cashless claim is top reason for intention to buy health insurance: survey

While the understanding of health insurance as a tool for protection is on the rise, only 54% of consumers are fully aware of how they can save tax by investing in health insurance

Life insurers ask Irdai to charge surrender value on accumulated premia

The exposure draft by Irdai in December 2023 outlined the introduction of a defined premium threshold for each product, beyond which no surrender charges will be levied

You can now get your expensive glasses, spectacles and lenses insured too

For eyewear valued up to Rs 10,000, one can get a comprehensive coverage with a minimal premium of just Rs 100.

Urban Company launches policy to support service partners facing abuse

The company said it would also release a series of videos to raise awareness about domestic violence and abuse, and how its service professionals can report it

LIC announces launch of unit linked, regular premium 'Index Plus'

According to exchange filing, the product which will be available from February 6, 2024 is a unit linked, non-participating, individual life insurance plan

All about pension plans, luxury apartments: Top personal finance stories

This week we explain the pros and cons of deferred annuity plan and what to look for in a gated society home

Insurance firms must adhere to best practices for customers: Regulator

IRDAI discusses issues related to expanding insurance, technology and collaborations

Red Sea attacks leave global shipping companies with difficult choices

Neither option is appealing and both raise costs. In recent months, global supply chains had finally recovered after three years of disruptions caused by the pandemic