Irdai said IPPB will also have to put in place a system to identify the postman and grameen dak sevak who has sold an insurance policy
You should approach an insurance company of your choice and get an insurance cover for your vehicle immediately. The insurance company may want to inspect your vehicle
To know the conditions acceptable for refund of flight expenses, read the specific section of the policy wording
The 34 non-life insurance firms had collected a premium income of Rs 11,715.05 crore in the corresponding month a year ago
One can purchase a fresh policy with comprehensive coverage wherein own damage risk of the vehicle will also be covered along with third-party (TP) liability cover
The government is exploring various consolidation options, including merger of state-owned general insurance companies with New India Assurance, with a view to create synergy and unlock value
General insurers look to make a mark on the global stage, leveraging their understanding of the game through the Indian Premier League
Check if your policy offers the 'daycare hospitalisation' feature
It is essential to buy personal (or family floater) health insurance cover as prolonged hospitalisation can drain your savings
Overseas Travel Insurance plans provide coverage if you travel by a scheduled airline or cruise only
An extended warranty policy covers the contingencies covered under manufacturers' warranty for an extended period
What is the maximum tenure that can be chosen for a home insurance policy for a housing loan?
Cyber risk is relevant for e-commerce business as customers share their personal details with the website from where they buy products
Extensions are offered by Insurers in travel policies
India is extremely under-penetrated in general insurance so growth potential could be high
From blockchain to telematics, insurers are using technology to file claims, earn rewards
You can avail tax deduction for premium paid for self, spouse, dependent children, dependent parents
National Insurance and Oriental Insurance have solvency ratios below the required 1.5%
K G Krishnamoorthy Rao, MD and CEO, Future Generali India Insurance, answers your questions
Rakesh Jain, chief executive officer, Reliance General Insurance, answers your questionsI have not made a claim on my motor insurance in the past five years. If I buy a new car, can I use the no-claims bonus that has accumulated in my policy? Yes you can, as the no-claims bonus follows the fortune of the insured and not the vehicle. The new vehicle can be substituted on the policy to avail the benefit, provided the class of vehicle is the same.Is there any mandatory insurance for shop owners? It is not mandatory for shop owners to take insurance. However, owners who handle specified hazardous materials (as defined by law) have to take public liability insurance policy. Nevertheless it's advisable to take shopkeeper insurance which under its multiple sections provides coverage for damage to shop and its contents caused by fire , theft, etc.If I purchase a family health insurance policy in the city where I work, will it cover my wife and kids who are in another city? Yes, if your wife an