Though 68 percent of Indians believe they are sufficiently insured, only six percent have adequate coverage, the survey conducted by the private life insurer, in association with Deloitte, has found.
Dealing with a job loss, we often forget matters that are equally important. Healthcare is one such issue. Do you know you can retain your company’s group health cover even if you’re not working there anymore? Watch this video to know how
A cumulative bonus is a reward that your health insurer offers you for every year of no claims, which comes in the form of a hike in your original base sum assured.
AI algorithms combined with machine learning models and predictive analysis will be leveraged to make underwriting an essential process in the insurance industry, IRDAI chief Debasis Panda said.
You can top up your base term plan with an accidental death benefit rider for higher protection at a small additional cost. While this rider is no substitute for a comprehensive term plan, it can be a low-cost way of boosting your life cover.
IRDAI has allowed life insurance companies to offer rider benefits to customers of withdrawn products, besides changes in premium payment modes and income payout frequencies.
By porting from your company’s group health insurance policy to an individual plan, you can retain the benefits of the corporate medical cover and ensure that your family (and you) continue to remain protected in case of medical emergencies.
The proposed revisions in health insurance policies’ customer information sheet (CIS) will provide policyholders a quick, handy guide at the time of hospitalisation and claims
Budget 2023 taxed maturity proceeds of high-value endowment life insurance policies bought after April 1, 2023. Last week, the government released detailed guidelines on how these would be taxed. The proceeds will fall under ‘income from other sources’ and will be added to your income and taxed as per the slab rate applicable to you.
Local insurers have the knowledge and expertise to assess the specific risks associated with properties in their areas.
An overseas student travel insurance policy offers protection against sickness and accidents, besides covering other risks such as loss of passport, laptop theft, etc. Moneycontrol spoke to Amit Chhabra, Chief Business Officer, Travel Insurance, Policybazaar.com to understand the importance of buying these policies, nitty-gritties, choosing between university-recommended health covers and more. Listen in