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Edelweiss General Insurance Launches Switch ‘Pay As You Drive’ Add-On Cover

Edelweiss General Insurance Launches Switch ‘Pay As You Drive’ Add-On Cover

Edelweiss had introduced the concept of usage-based motor insurance in India with the launch of Switch in 2020. Thereafter, it introduced both Pay As You Drive and Pay How You Drive with Switch 2.0. Now, the new add-on cover facility promises to save 25 per...

29 July 2022
Health Insurance: Shifting Consumer Perception From Fear Towards Wellness In India

Health Insurance: Shifting Consumer Perception From Fear Towards Wellness In India

Health insurance provides the dual benefit of financial protection, while also acting as a safeguard against medical debt-induced poverty. Now, the advent of...

12 July 2022

Pay As You Drive: IRDAI allows Tech-Enabled Concepts For Own Damage In Motor Insurance

IRDAI has permitted general insurance companies to introduce tech-enabled concepts, such as Pay as You Drive and floater policy for vehicles belonging to the...

SBI General Insurance Comes Out With New Cyber Insurance Policy

SBI General Insurance Comes Out With New Cyber Insurance Policy

SBI General Life Insurance has come out with a comprehensive cyber insurance policy for individuals that provides protection against financial losses caused by...

05 July 2022

More Indians Buying Travel Insurance To Cover Covid Uncertainty, Says Report

There has been a rise in demand for travel policies compared to the pre-Covid era as a result of increased awareness, according to a new report by Digit...

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14 June 2022
Irdai Eases Solvency Margin Requirement For Crop Business; To Unlock Rs 1,400 Crore Funds

Irdai Eases Solvency Margin Requirement For Crop Business; To Unlock Rs 1,400 Crore Funds

The decision, Insurance Regulatory and Development Authority of India (Irdai) said, is part of series of reforms it has undertaken to increase insurance...


06 June 2022
IRDAI’s Challenges On Health And General Insurance Product Approvals

IRDAI’s Challenges On Health And General Insurance Product Approvals

IRDAI has allowed insurers to offer health and most of the general insurance products to customers without its prior approval, but they come with their own set...


20 May 2022
Avoid Misleading Motor Insurance Advertisements, IRDAI Tells General Insurers

Avoid Misleading Motor Insurance Advertisements, IRDAI Tells General Insurers

IRDAI has said that general insurers issuing advertisements on the motor vehicle services, projecting them as benefits provided within the insurance cover, is...


13 May 2022
Soon You Will Be Able To Customise Fire Insurance Policy For Your Home, Small Business

Soon You Will Be Able To Customise Fire Insurance Policy For Your Home, Small Business

Irdai allows general insurers to launch customised fire policies alongside standard fire and property insurance products for individuals as well as micro and...


05 April 2022
5 Ways To Avoid Being A Victim Of General Insurance Fraud

5 Ways To Avoid Being A Victim Of General Insurance Fraud

Be aware, be cautious and stay safe. With more accessibility, general insurance fraud is increasing. So, follow these five ways to stay protected from general...


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25 February 2022
Why Term Insurance Should Be A Priority Amid The Pandemic

Why Term Insurance Should Be A Priority Amid The Pandemic

Term insurance is a necessity for securing the future of your loved ones. Here's why you should buy now.


17 February 2022
BSE Ebix, LIC Join Hands For Distribution of Insurance Products

BSE Ebix, LIC Join Hands For Distribution of Insurance Products

Under this agreement, BSE Ebix will offer their clients insurance products offered by LIC such as Life and Health, using its omni-channel digital presence


25 October 2021
CCI Gives Nod To HDFC Bank's 4.99 Per Cent Stake Purchase In HDFC ERGO General Insurance

CCI Gives Nod To HDFC Bank's 4.99 Per Cent Stake Purchase In HDFC ERGO General Insurance

Private lender HDFC Bank had stated in June that its board had given the approval to acquire more than 3.55 crore shares in the joint venture for Rs 1,906...


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