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Page 9 - Insurance Premium

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.

Can one challenge the rejection of insurance claim? Expert answers
Updated On : 26 Feb 2020 | 10:03 PM IST

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

Lock into current term insurance premiums, new rates unlikely before Apr 1
Updated On : 17 Feb 2020 | 11:12 PM IST

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

New Irdai guidelines unlikely to impact insurance premium rates for now
Updated On : 13 Feb 2020 | 12:23 AM IST

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

It's not the right stage to put differential premium on banks: Finance Secy
Updated On : 03 Feb 2020 | 2:33 AM IST

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

How to proceed for a death claim insurance if you are a nominee? Find out
Updated On : 06 Nov 2019 | 11:29 PM IST

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

Soon pay health insurance premium on monthly, quarterly, half-yearly basis
Updated On : 24 Sep 2019 | 11:54 PM IST

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

Govt to reduce insurance premium rates for small exporters to 0.6%: Goyal
Updated On : 16 Sep 2019 | 6:37 PM IST

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

Buying insurance cover online? Check these parameters to avoid fraud
Updated On : 29 Aug 2019 | 11:49 PM IST

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

Investment tips in the time of pink slips: Here's how to create a cushion
Updated On : 07 Aug 2019 | 9:22 PM IST

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

Insurance policyholders to get SMS on receipt of premium from January 1
Updated On : 13 Dec 2018 | 8:13 PM IST

This is why I decided to buy 3-Year two-wheeler insurance policy this year!

Freedom from hassle of renewing your policy every year is another big positive that make people opt for long term two-wheeler insurance cover

This is why I decided to buy 3-Year two-wheeler insurance policy this year!
Updated On : 13 Aug 2018 | 4:51 PM IST

Health, car, motorcycle insurance premium to go up from April 1

Change in premium after modification will be limited to +/- 5% of the existing rates

Health, car, motorcycle insurance premium to go up from April 1
Updated On : 27 Mar 2017 | 11:42 AM IST

General insurance premium set to go up from April 1 as Irdai gives go-ahead

The change in premium after modification will be limited to +/- 5 per cent of the existing rates

General insurance premium set to go up from April 1 as Irdai gives go-ahead
Updated On : 26 Mar 2017 | 2:40 PM IST

Car insurance gets expensive: Buy comprehensive cover despite rise in premium

If Irdai approves proposed revision in 3rd-party premium, insurance on cars could rise by 15-20%

Car insurance gets expensive: Buy comprehensive cover despite rise in premium
Updated On : 14 Mar 2017 | 11:12 AM IST

With regulator Irdai's go-ahead, non-life premia are set to shoot up

To protect their bottom lines, non-life insurers may up premiums in certain segments by 10-15%

With regulator Irdai's go-ahead, non-life premia are set to shoot up
Updated On : 13 Mar 2017 | 1:02 PM IST