State insurance schemes have failed the poor

State insurance schemes have failed the poor
State insurance schemes have failed the poor

A comprehensive analysis of the social impact of rising inequality released on Monday by former Prime Minister Manmohan Singh has blamed State policies for catastrophes like the outbreak of Acute Encephalitis Syndrome (AES) that has resulted in 120-plus deaths in Bihar.

Read More

Millennials opting for non-conventional life goals, insurance remains top investment choice

Millennials opting for non-conventional life goals, insurance remains top investment choice

Millennials in India prefer buying life insurance as the most preferred investment option to meet majority of their life goals, even as unconventional life goals such as health, fitness, travel and life enrichment are gaining traction, a survey on life goals preparedness said on June 24.

Read More

Insurance for all reasons

Insurance for all reasons

However, remember that insurance cover is for protection – don’t look at it as an inveMost of you may be familiar with health insurance and life insurance policies. But did you know you can get insurance cover against loss of cash? If you are planning a wedding, you get a cover for it too.stment. The purpose of an insurance cover is to protect you financially against unforeseen events. Here’s a look at insurance covers other than health and life which can come handy.

Read More

HDFC acquires Apollo Munich Health Insurance. What this means for a policyholder

HDFC acquires Apollo Munich Health Insurance. What this means for a policyholder

Mortgage major, HDFC, Wednesday agreed to acquire Apollo Hospitals Group’s entire 50.8 percent stake in Apollo Munich Health Insurance for Rs 1,336 crore and also the 0.4 percent stake held by a few employees for Rs 10.84 crore. So, what does this mean for the policyholder? ET Wealth answers queries you might have as a policyholder

Read More

Budget 2019: Will GST be removed on health insurance premium in the upcoming budget

Budget 2019: Will GST be removed on health insurance premium in the upcoming budget

Budget 2019 India: Union Budget 2019 India may give a fresh look at the health insurance industry paving way for lower cost in terms of premium paid towards medical insurance and giving incentives in terms of higher deductions from total income in order to boost the sector.

Read More

A look at how Life Insurance Corporation has managed to retain its vice-like grip

A look at how Life Insurance Corporation has managed to retain its vice-like grip

India’s life insurance market is crowded and fiercely competitive with 24 players jostling for a share of the expanding market. And 19 years after the entry of private players, state-owned Life Insurance Corporation (LIC), which had enjoyed a total monopoly for 44 years, remains the dominant player albeit with a reduced market share of two thirds and the remaining 23 players sharing the remaining one-third of the pie.

Read More

Max Life Insurance launches customizable ‘Max Life Smart Term Plan’

Max Life Insurance launches customizable ‘Max Life Smart Term Plan’

Max Life Insurance Co Ltd (‘Max Life’/’Company’), one of country’s leading life insurance companies, today announced the launch of its customizable ‘Max Life Smart Term Plan’, that will offer customers the flexibility to customize their own protection solution by selecting from a wide range of benefits and features.

Read More

Apollo Hospitals looks to raise up to $200 mn by selling stakes in more units

Apollo Hospitals looks to raise up to $200 mn by selling stakes in more units

Apollo Hospitals Group is looking to sell its stake in two more subsidiaries to raise up to $200 million, two people directly aware of the matter said on Thursday, a day after it agreed to sell its stake in a health insurance joint venture to HDFC Ltd.

Read More

Where Should Healthcare Industry go Forward?

Where Should Healthcare Industry go Forward?

Technology plays a vital role in everything and every industry across the globe — yet healthcare lags behind. “Technology is solving real problems, some of them trivial, some pretty serious, but it feels a little odd that we’re not applying it into the world of health,”

Read More