Page 2 - Insurance Policies

Comparing insurance products difficult? Opt for a standard policy

Evolved buyers with specific needs should go for comprehensive personal accident cover

Compare prices across term insurance plans to get best deal: Experts

Increase payment tenure, go for monthly premium to counter hike in term rates

Standard travel policy to ease purchase of product: Who should go for it?

Those travelling to developed countries or needing elaborate coverage should consider existing plans

Covid-19: Insurers are denying policies to disabled despite govt strictures

The Covid-19 pandemic has exposed several faultlines in our health systems: Private healthcare is expensive while public healthcare can be inadequate

At 40%, we are growing faster than industry: Sarbvir Singh of Policybazaar

In an interview, Singh talks about why the demand has moderated in Q2 and how the growth in the health segment may not be sustainable as the fear of Covid-19 wanes

Insurance policy for vector-borne diseases like dengue, malaria on anvil

Health and general insurers will soon be permitted to offer specific insurance cover to the public for treatment of vector-borne diseases like dengue, malaria and chikungunya

HDFC Life's PAT rises 5.6% to Rs 326 cr in Q2, net premium income up 35%.

The insurer also saw a 15% rise in first year premium in Q2FY21 at Rs 1,675.15 crore, compared to Rs 1,452.72 crore in the corresponding period last year

Covid, income fears see shift to single-premium plans. How good are they?

Those buying these plans should bear in mind that gains at maturity may not be tax-free

Irdai allows renewal, migration and porting of Covid specific policies

The Indian insurance regulator has allowed renewal, migration and portability of Covid-19 specific standard health insurance policies -- Corona Kavach, Corona Rakshak and Group Corona Kavach Policy

Looking for insurance policies? Consider ones that waive health check-ups

Those with pre-existing conditions should opt for ones that require medical screening

Buying a digital policy? Share it with family for emergency purpose

They will need access to policy details in case of an eventuality

IRDAI allows insurers to sell Corona Kavach policy as group product

Each insurer can price the product according to its risk assessment, health portfolio and its claim experience.

Ensure cashless facility for Covid-19 treatment: Irdai to insurers

It has asked insurers to take appropriate action against hospitals in case they deny cashless facility to policyholders and deviate from the agreed terms of the service level agreements.

Life insurance industry to recover in next quarter, says CARE Ratings

CARE Ratings, in a note, said growth could potentially return in Q2 or Q3 and distribution channels could see significant realignment, with digital sales rising at the cost of individual agents

SpiceJet offers coronavirus hospitalisation insurance to passengers

"Passengers can opt for the insurance cover ranging between Rs 50,000 and Rs 3,00,000 at a premium for as low as Rs 443 to Rs 1,564 a year (including GST)," the airline said.

Insurance firms looks to bridge online trust deficit amid Covid--19 crisis

With customers caught in a swirl of panic and fear, life insurance companies are looking at confidence building measures for a post Covid-19 world

Senior citizens may see spike in premiums in wake of Covid-19 crisis

Since they are more vulnerable, medical insurers may become more wary

Covid-19 impact: Fintech startups smell opportunity, revisit business ideas

From insurance policies to helping essential businesses go online instantly, these start-ups are angling for new offerings

LIC eyes sale of 25 mn individual policies, Rs 55k cr in premiums for FY20

This is 17 per cent growth in terms of number of individual policies sold compared to the number of policies sold in FY19

Irdai issues norms to protect group policyholders of merging PSBs

"The insurance companies shall make suitable arrangements with the acquiring banks to this effect," said the the Insurance Regulatory and Development Authority of India (Irdai)