Insurance

Has your motor insurance cover lapsed? Here’s all you need to know about renewing it

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The spectre of heavy penalties under the amended Motor Vehicles Act has resulted in a windfall of sorts for insurance companies—a surge in demand for motor covers. Several insurers have reported a […]

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Insurance

IRDAI issues new norms to curb life insurance misselling, makes illustrations mandatory

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In a strong effort to increase transparency and curb mis-selling of life insurance policies, IRDAI has directed insurers to: mandatorily issue benefit illustrations based on two different assumed rates of return as per a prescribed format; […]

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Insurance

Why global insurance company Chubb is keen to build a stronger connect with Indian tech startups

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Fintech has become a vibrant part of the growing Indian startup ecosystem, and insurance startups are now in the spotlight. These insurtech companies have favourable winds blowing towards them with strong digital […]

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Insurance

Indian Railways offers insurance at less than 50 paise per train passenger. How it works

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What can you buy for 50 paise? Well, financial products such as travel insurance. Indian Railways Catering and Tourism Corporation (IRCTC) offers you an insurance cover of up to ₹10 lakh at a […]

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Insurance

Bajaj bike insurance: How to get Bajaj two wheeler insurance online

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Bajaj bikes are one of the most popular bikes in the Indian market. The popularity has won them the tagline ‘The World’s Best Indian’. It is not surprising that you chose to […]

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Insurance

Insurance Regulator slaps Rs 1.11 crore penalty on Policybazaar

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Finding it guilty on multiple counts, Insurance Regulatory and Development Authority of India (IRDAI) has slapped a penalty of Rs 1.11 crore on insurance web aggregator Policybazaar and has also issued a […]

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Insurance

All about car insurance renewal online

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Car insurance policies are purchased for a certain tenure. Once that time period has lapsed, the insurance will not be valid anymore. It is, therefore, necessary to renew your car insurance periodically. […]

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Insurance

Decoding insurance claim settlement ratio

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What is it? Claim settlement ratio is the ratio of the number of claims that the insurer has paid over the number of claims filed by the nominees during a particular period. “If […]

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