Insurance news-Insurance news

April 29, 2019

How to choose the right term insurance plan for yourself – Economic Times

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How to choose the right term insurance plan for yourself – Economic Times They are well educated, have access to latest information and are very tech savvy. Yet, a recent survey conducted by Max Life Insurance and Kantar IMRB shows that millennials score low when it comes to
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April 29, 2019

Insurance against terror: What’s covered and what’s not – Economic Times

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Insurance against terror: What’s covered and what’s not The recent serial blasts in Sri Lanka that killed more than 200, including a number of foreign nationals, has delivered a huge blow to the country’s tourist-friendly image. The terror attacks also brought into focus the numerous risks
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April 29, 2019

From insurance claims to accident policy, here’re the key court orders – Business Standard

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From insurance claims to accident policy, here’re the key court orders SC upholds insurance claim rejections Life insurance companies won three cases in the Supreme Court last week as it upheld the rejection of claims on various grounds. In its judgment in one of these three
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April 29, 2019

Life insurance: How much cover do you need? – Financial Express

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Life insurance: How much cover do you need? We cannot deny that life insurance is very important. Being under insured or uninsured and then dying would be tragic for family members dependent on you. One of the most important questions is how much life insurance is
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April 29, 2019

Demand for cyber risk insurance in India grew by 40% in 2018 – Livemint

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Demand for cyber risk insurance in India grew by 40% in 2018 The Global cyber insurance market is expected to grow at a CAGR (compound annual growth rate) of 27% from $4.2 billion in 2017 to $22.8 billion in 2024, claims a new report by Data Security
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April 29, 2019

How to choose the right term insurance plan for yourself – Economic Times

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How to choose the right term insurance plan for yourself They are well educated, have access to latest information and are very tech savvy. Yet, a recent survey conducted by Max Life Insurance and Kantar IMRB shows that millennials score low when it comes to money
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April 29, 2019

How to get health insurance for a newborn baby? – Economic Times

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How to get health insurance for a newborn baby? On the birth of a child, the parents need to allocate finances for his milestones. While doing so, they must consider buying a health insurance plan as well. This can take care of the medical expenses in case
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April 26, 2019

Aegon Life and MobiKwik launch a smart digital insurance product – Business Standard

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Aegon Life and MobiKwik launch a smart digital insurance product – Business Standard In a bid to enable financial inclusion and ease of buying for the Indian masses, Aegon Life Insurance, pioneer of digital insurance in India and MobiKwik, India’s leading FinTech Company; have joined hands
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April 26, 2019

Tesla to Offer Its Own ‘More Compelling’ Insurance Product – Entrepreneur India

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Tesla to Offer Its Own ‘More Compelling’ Insurance Product – Entrepreneur India Buying a new car is just the start of the costs you’ll incur, with insurance being another potentially big layout depending on your driving history and experience. But if you’re buying a Tesla, Elon
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April 26, 2019

Soon, you will be able to track your insurance claims – LiveMint

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To ensure fair and transparent claim settlement procedures, insurers have been asked to notify about the claim’s status at various stages of its processing You can use the claims reference number to track the claims status through a portal, website, an app of the insurance company or
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April 26, 2019

Supreme court denies medical insurance claim to man – The Hindu

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Supreme court denies medical insurance claim to man – The Hindu Top court observes he failed to disclose pre-existing illness; the policy was issued for ₹1.6 lakh Noting that a contract of insurance involves “utmost good faith”, the Supreme Court has denied medical insurance claim
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April 26, 2019

Buy ICICI Prudential Life Insurance Company; target of Rs 511: Prabhudas Lilladher – Money Control

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Buy ICICI Prudential Life Insurance Company; target of Rs 511: Prabhudas Lilladher – Money Control ICICI Pru Life’s business improved in Q4FY19 with APE growing by 11% YoY ending the fiscal 2019 with flattish growth. Growth continued to be led protection segment in the credit life and
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April 26, 2019

Insurers sit on Rs 530 crore farm insurance pay, further stoke crisis – Hindustan Times

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Insurers sit on Rs 530 crore farm insurance pay, further stoke crisis – Hindustan Times Insurance companies owe hundreds of crores of rupees to farmers in crop-insurance claims, stoking farm distress and prompting the government to impose steep fines on insurers for the first time, official
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April 26, 2019

Three out of 5 biggest insurance players in equities are from public sector – Business standard

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Three out of 5 biggest insurance players in equities are from public sector – Business standard It’s not just the Life Insurance Corporation of India (LIC). Three out of the top five biggest insurance players in the stock market are also public sector ones, shows an
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April 26, 2019

Planning an adventure trip? Here’s an insurance option you need to know – Times now news

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Planning an adventure trip? Here’s an insurance option you need to know–Times now news New Delhi: The tourism industry is growing in India as more and more Indians are travelling going on trips within the country and abroad. As per a recent Bain and Company report,
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April 26, 2019

How to buy family travel insurance – The Economic Times

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How to buy family travel insurance – The Economic Times A medical emergency or loss of baggage will only add to costs. A family travel insurance policy covers these risks at nominal costs. It is mandatory to buy this policy while visiting certain countries  These plans come
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April 26, 2019

Providing adequate life insurance cover and annuity plans should be vision statement of insurers – Financial Express

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Providing adequate life insurance cover and annuity plans should be vision statement of insurers – Financial Express The vision statement of a company describes where the organization or the company wants to be by fulfilling its mission. The vision involves the customers or the community or
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April 26, 2019

Check Here What Type of Life Insurance Policy Best Suits You and Your Family – News18

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Check Here What Type of Life Insurance Policy Best Suits You and Your Family – News18 Nowadays, it is imperative to get yourself and your family financially covered through the innumerable life insurance schemes available in India. But with so many different kinds of schemes available,
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April 25, 2019

‘Insurance company can’t decide patient’s line of treatment’ – The Times of India

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‘Insurance company can’t decide patient’s line of treatment’ – The Times of India VADODARA: Only doctor and not the insurance company candecide the line of the treatment give to patient. This terse observation was made by a consumer court here, whichordered the insurance firm and third-party
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April 25, 2019

ICICI Prudential Life Insurance Q4 profit dips 23% to Rs 261 cr, board declares dividend of Rs 1.55 per share – Business Today

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ICICI Prudential Life Insurance Q4 profit dips 23% to Rs 261 cr, board declares dividend of Rs 1.55 per share – Business Today ICICI Prudential Life Insurance Wednesday reported a 23 per cent decline in consolidated net profit at Rs 261.02 crore for the January-March quarter
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