The year 2020 witnessed floods in Bihar, torrential rains in Maharashtra, Gujarat and Karnataka, and a series of cyclones lashing the eastern ghats of the country. The recent cyclone, Nivar, has…
Many banks offer customised group health covers for their customers. This is only available to account holders, depositors and borrowers, depending on the bank’s policy. Unlike some group covers…
A family floater health insurance is one of the best plans for any customer who wishes to include immediate family members like parents, wife, children, and other dependents in the policy. These…
With daily hospitalisation cash benefit, waiving off the premium for people with minor conditions and providing cover for most critical illnesses like Cancer, Cardiac, Liver and Neuro, the plan…
The Insurance Regulatory and Development Authority of India (IRDAI) has proposed to introduce colour coding in health plans. For insurers, the colour coding will help in explaining consumers…
COVID-19 pandemic brought in a shift towards the level of awareness in health insurance. The one positive impact of COVID-19 is health insurance, which was earlier seen as optional, has become…
The Indian insurance sector is experiencing a technological shift. Technology in the insurance sector is transforming the ecosystem not just in scale but also in fundamental aspects.
General insurance products hardly find favour with customers in India. People buy travel and motor insurance when they are mandatory, but home, cyber security or sachet sized insurance products…
Most financial planners consider health insurance policy as a must-have risk cover. Still, not many people have a health cover and even those who have it are inadequately insured. Going by the…