Page 23 - Insurance

Insurance Samadhan, Ola unit announce collaboration for customer solutions

Partnership will involve grievance services like mis-selling, claim rejection, delay, and short settlement

Industry majors welcome Irdai move to remove cap on agent commissions

Insurance regulator has replaced earlier cap on commission payments with overall cap on expenses; move is seen to provide more flexibility to insurers in managing their expenses

Supplement your employer's health plan with a sizeable personal cover

Benefits of office policy could be pared; job loss or a switch to entrepreneurship could cause loss of coverage

Focus on coverage provided, not premium collected

Measuring actual coverage provided, rather than premiums received, will ensure that the insurance industry's success is aligned with the goal of 'insurance for all'

Avoid excess exposure to risky assets in times of high market volatility

Build emergency corpus, buy adequate life and health insurance, and don't take on too much debt

Parl panel expresses concern over financial health of insurance firms

A Parliamentary panel has expressed concern about the financial health of General Public Sector Insurance Companies

US not considering 'blanket' bank deposit insurance: Treasury Secy Yellen

Yellen has earlier said that the US is prepared to take further actions to protect depositors if smaller lenders are threatened

Anup Bagchi to take over as MD & CEO of ICICI Pru Life Insurance in June

Bagchi will replace N S Kannan, the current MD & CEO, who will complete his five-year term, and superannuate from service in June

How do countries safeguard depositors' money when banks like SVB collapse?

Find out how governments and central banks ensure that the depositors' money is protected in case of fallout, like Silicon Valley Bank (SVB) here

Perhaps it is time for India to introduce tort law and punitive damages

Those who cause bodily harm, property damage, or financial loss to others on their premises or due to their operations should be liable in law to provide financial compensation to the victim

Managing director Mohanty named LIC interim chairperson as Kumar era ends

Takes charge on March 14 for three months, faces challenges of LIC's falling market share and share price, apart from depleted value of its holdings in Adani group

Climate change insurance: Poor reach, reliance on fossil fuel key issues

India's challenge is that the insurance coverage and penetration vary by lines of business and the low penetration problem is acute

Health insurance plan: Protect yourself with reinstatement benefit

While it will safeguard you from the possibility of exhausting your sum insured, understand the nitty gritty before buying

Irdai to bring in 'EASE' in delivering entire suite of insurance services

Regulator takes stock of industry's progress under the State Insurance Plan; five-year plan to be formulated to expand footprints of lead insurers in their respective states

Investing in physiotherapy: Importance, techniques and cost-effectiveness

Physiotherapy helps improve quality of life by reducing pain, restoring movement, and promoting overall wellness. You could invest in this form of rehabilitation revolution

Insurance companies yet to see fire sale of high-value life policies

Expect higher sales of such policies in March

Cars on highways to be offered insurance cover using Fastag soon: Report

Centre may also come up with a plan to provide third-party insurance cover for motor vehicles when they are impounded by traffic police or transport department officials

Buy comprehensive home insurance, with add-ons, for all-round protection

A standard policy is simpler and makes premium comparison across insurers easier

Niva Bupa Health Insurance launches health insurance plan 'ReAssure 2.0'

Niva Bupa Health Insurance on Thursday announced the launch of health insurance policy 'ReAssure 2.0'. The first of its kind indemnity plan offers lock-in of entry age until a policyholder makes his/her first claim, thereby helping customers save on premiums. Niva Bupa Health Insurance MD and CEO Krishnan Ramachandran said with this product, "we have addressed the prevailing concerns of customers which act as a hindrance during health insurance purchase. "We have designed this product in a unique way that will encourage customers to start investing for their health and financial security at an early age," Ramachandran said. This new-age indemnity plan offers 'live healthy' benefit that gives premium discount of up to 30 per cent on policy renewal basis health points earned. Other benefits include, no capping on room rent, any hospitalisation of 2 hours and above to be covered, Smart Health+ rider offering unlimited tele consultations - and Day 1 coverage for diabetes and ...

Alliance, Dunzo tie up to offer insurance to 20,000 delivery partners

Accident cover of Rs 5 lakh also includes OPD treatment in cases where hospitalisation is not required