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Though costlier, they offer coverage for both type I and II diabetes, and to those with high levels of HbA1C
Insurance penetration remains abysmally low at less than 5% in the country of 1.4 billion people, signaling growth potential for investors
According to the parliamentary panel's reports, not even a single livestock was insured during 2022-23, whereas in 2021-22, 174,061 animals were insured
Out of the 744 districts of the country, the ESI scheme is extended to 610 districts, which include 492 fully covered and 118 partially covered districts under the scheme
The State Commission noted that the supporting documents had not been disputed as being false, and so the surveyor had erred in questioning the theft
What changes: Tax on proceeds from high-value insurance policies, higher tax on debt MFs and more
Company targets 40% growth in gross direct premium in 2023-24
Partnership will involve grievance services like mis-selling, claim rejection, delay, and short settlement
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
Benefits of office policy could be pared; job loss or a switch to entrepreneurship could cause loss of coverage
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'
Build emergency corpus, buy adequate life and health insurance, and don't take on too much debt
A Parliamentary panel has expressed concern about the financial health of General Public Sector Insurance Companies
Yellen has earlier said that the US is prepared to take further actions to protect depositors if smaller lenders are threatened
Bagchi will replace N S Kannan, the current MD & CEO, who will complete his five-year term, and superannuate from service in June
Find out how governments and central banks ensure that the depositors' money is protected in case of fallout, like Silicon Valley Bank (SVB) here
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
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