Insurance companies should reach out to remote areas to increase health coverage: IRDAI


Raising concerns over low penetration of health insurance, especially in the hinterland, and high ‘out of pocket’ expenditure on health, the insurance regulator has urged private insurance providers to reach out to the uninsured

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How technology has a huge impact on the Insurance Sector


Technology not only adds mere value to the Insurance Sector but it’s now determining the level of growth and evolution of this sector. The use of technology has changed the way claims used to process earlier by companies and policies assessed by insurance agents.

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Life insurers register 33 pc growth in new premium income at Rs 18,209 cr in Feb


India's life insurance industry witnessed a rise of 32.7 percent in its collective new premium income at Rs 18,209.50 crore during February 2019, data from IRDAI showed. The life insurers had collected first-time premium worth Rs 13,724.96 crore in the same month a year ago.

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Motor Insurance policy provides total loss benefit against car accident: What it means for you?


When you buy a standard motor insurance policy, the insurer may often tell you the policy will provide you total loss benefit in case of a car accident. However, in reality, you should know that this does not mean that the insurer will cover the complete replacement cost against the claim made by you.

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IRDAI partners with National Health Authority to support Ayushman Bharat


In a bid to support the government’s ambitious Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) and also strengthen the health insurance ecosystem in the country, insurance regulator, Insurance Regulatory and Development Authority of India (IRDAI).

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IRDAI panel suggests steps for speedy settlement of insurance claims


A panel set up by insurance regulator IRDAI has suggested modifications in the norms for surveyors and loss assessors in order to attract youngsters and promote expeditious settlement of claims. Surveyors and loss assessors in insurance is a specialized field of work which is instrumental in the judicious settlement of claims.

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Health Insurance: How to choose the right policy


Health insurance is a necessary buy in today’s world. However, choosing the best health insurance policy in India is never easy. A good health insurance policy prepares you to handle unexpected medical expenses.

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Term Insurance: Check benefits, premium amount and other details here


Insurance companies provide various types of policies to the people of all age group. People can choose the right insurance scheme depends on their needs and requirements. Some insurance policies are designed to protect your family during unexpected critical circumstances.

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HDFC ERGO General Insurance launches Trip Protector policy. Here are all the details


HDFC ERGO General Insurance Company launched Trip Protector insurance policy. This policy will cover the cancellation of pre-booked flights and hotels for domestic as well as international travel. Here is a closer look at the general insurance policy.

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IRDAI rules to Standardize Health Insurance


The insurance regulator issued draft norms for standard health insurance products with basic sum assured of Rs 50,000 crore to Rs 10 lakh defining the benefit structure for individual insurance buyers.

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