In this era of the world, people want everything to be done as soon as possible. Every second of a day is counted because of our busy lifestyle and competition in the market, and that’s why time consuming things are mostly avoided or deferred by the people. The perception of buying insurance was also the … Read more
With the passage of the Insurance Laws (Amendment) Bill by the Rajya Sabha, the investment starved Indian insurance sector is hopeful of getting a big boost. Although the sector had got initial boost in year 2000 when it was opened for the private players. Since then the sector has been growing gradually as several national … Read more
A car is still one of the most important assets that one buys for their family. No doubt it is an expensive asset that requires proper maintenance as well. This is where the need for a car insurance policy comes in so that your finances don’t get affected in a negative manner in case of … Read more
You may have protected your life with a term insurance policy to provide financial security to your family. You may have also bought a health insurance policy for seeking financial cushion in case you get sick. But have you taken personal accident cover yet? Most of us have either no idea about this cheapest financial … Read more
A life insurance policy works on the simple fundamentals of business wherein you keep paying the premiums towards the policy and it stays active throughout the term of the plan. However, if you miss any of the premium payments due to any reason, the policy lapses. With that, the benefits attached with the policy also … Read more
Max Life Insurance will distribute Rs130 crore as ‘First Ever Special Bonus’ for policyholders. For the eligible policies, the longer the policyholder has been with the company, the higher will be the percentage of the special bonus. New Delhi: Max Life Insurance announced a “one-time” special bonus to all its active policyholders who have participating … Read more
Sometimes in our hectic schedules and busy lives we tend to forget some important dates. One of them happens to be the date to renew car insurance and once we forget that, it really becomes an irritating task to get the car re-insured. It might look like hard work, but if you know the right … Read more
French insurer AXA (AXAF.PA) has raised its holdings in Indian insurance joint ventures with Bharti Enterprises to 49%, the latest in a slew of similar deals after a rule change easing cap on foreign ownership in the local insurance companies. The government earlier this year allowed foreign ownership in the $50 billion Indian insurance sector … Read more
In order to curb fraudulent insurance claims, which are being reportedly made over 500 per day, the Life Insurance Council is considering bringing a monitoring framework for its member. The apex industry body would prepare a centralized database of all policyholders, and will be functional from December this year. Similar to banks get information from … Read more
The decision to buy an insurance plan is going to be one of the wisest decisions you will ever make. However, the challenge starts after that when you’re flooded with information about hundreds of insurance products and you have to select one plan out of many. At that point of time, you need to be … Read more