Page 8 - Insurance Premium

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

Planning to take health insurance policy? Do not go by premium alone

You also need to take into account exclusions and sub-limits

New premium business of LIC rises 25% in FY20, market share up 1.2%

In FY20, premiums from LIC's pension and group schemes clocked Rs 1 trillion mark

Covid-19 impact: Life Insurer's new business premium declines 32% in March

For the month of March, the new business premiums of life insurance companies stood at Rs 25,409 crore compared to Rs 37,459 core in March 2019.

Investors' high expectations raise risk for stocks of general insurers

Benefits of lower claims could get offset by subdued premium collection and fixed costs

High expectations raise risk for stocks of general insurance companies

Benefits of lower claims could get offset by subdued premium collection and fixed costs

Fighting Covid-19 crisis: LIC customers get more time to pay premium

LIC has said all death claims related to Covid-19 would be treated on a par with other causes of death and payments would be made on an urgent basis

Health insurance premiums set to rise as firms to follow Irdai mandates

The rise in premiums could be in the range of 5-25 per cent, depending on the features that each insurance company adds on its products

LIC gives 30-days extension for premiums due in March, April amid Covid-19

The insurer assured its policyholders that the death claims arising due to COVID-19 will be treated at par with other causes of death and payments shall be made on an urgent basis.

With 30 days more to pay premium, make sure you don't let your policy lapse

Usually, general insurers give 30 days for health and 90 days for auto insurance policyholders to pay renewal premiums, even after the due date has passed

Can one challenge the rejection of insurance claim? Expert answers

The first reason could be non-disclosure during the purchase of insurance. Information and disclosures mentioned in the proposal form are critical and material for the issuance of an insurance policy.

Lock into current term insurance premiums, new rates unlikely before Apr 1

The sale of term plans gathered pace only over the past four-five years

New Irdai guidelines unlikely to impact insurance premium rates for now

General insurers would wait to see whether claims rise sharply after the removal of the three-month clause

It's not the right stage to put differential premium on banks: Finance Secy

Finance minister had announced hiking the deposit insurance limit to Rs 5 lakh for each bank depositor

How to proceed for a death claim insurance if you are a nominee? Find out

The nominee can notify the claim to the insurance company by submitting the mandatory documents

Soon pay health insurance premium on monthly, quarterly, half-yearly basis

The Insurance Regulatory and Development Authority's move is expected to give more flexibility to insurance companies

Govt to reduce insurance premium rates for small exporters to 0.6%: Goyal

Further, premium rates for exporters having outstanding limit of over Rs 80 crore will be streamlined with a view to help them

Buying insurance cover online? Check these parameters to avoid fraud

Never pay in cash and call up insurer to check the genuineness of policy once you get a copy

Investment tips in the time of pink slips: Here's how to create a cushion

It's never easy, but you can make it less difficult with early financial planning

Insurance policyholders to get SMS on receipt of premium from January 1

In case of new contracts, it may be ensured that the correct mobile phone number is captured