Maturity claims are a significant element in ROP plans. The entire premium amount will be reimbursed under a maturity claim - the policyholder when you survive the policy duration. You will receive a refund of the entire...
In a recent move, the Insurance Regulatory Development Authority of India has directed all life insurance companies to stop accepting credit card payments for the repayment of loans taken against insurance policies. This...
The RBI will protect your money deposited in any bank up to Rs 5 lakh in insolvent cases. Learn more about the deposits covered by the deposit insurance scheme.
The Insurance Regulatory and Development Authority of India has issued a directive urging insurance companies to promptly report cyber security incidents, after it was observed that many insurers were not adhering to the...
Buying car insurance from your dealer may be easy, and you may be offered discounts, but it is always wise to compare multiple policies before making a decision
You can set off the taxable long-term capital gains against a shortfall in your basic exemption limit; In the case of joint buyers of a property, every joint owner has to deduct tax on the amount paid for the asset
Few people know the difference between health insurance and mediclaim. While both policies cover medical expenses, they differ significantly in coverage, cost, and settlement process.
The plan provides customers an opportunity to build a financial corpus to support them with a regular and guaranteed income.
Motor insurance portability allows you to switch to a new insurance provider. Read on to find more
Tenant insurance is a concept that only a few people are aware of in India. It is a temporary arrangement until you buy your home or have to shift for any...
The minimum entry age is 25 years and maximum entry age is 55 years. The sum assured is from Rs 50 lakh to Rs 2 crore in slabs of Rs 25 lakh
As the interest of individuals looking to buy high-value traditional insurance dampens, it might shift the focus to term plans and pure risk covers. Read on to...
Personal loan insurance is designed to safeguard the dependents of the policyholder from facing the brunt of liabilities in the event of an unforeseen calamity...
The non-linked, non-participating savings life insurance plan has been designed to generate assured and guaranteed income from the very first year of the...
Term insurance is crucial to protect the policyholder’s near and dear ones in the event of the person’s demise. However, equally significant is to buy the...
The six proposed amendments could be instantly implemented by the insurers
Human life value is an important concept in calculating the total income that an individual is expected to earn over the course of his/her working life. This...
Before opting for a health policy, individuals should go through the entire specifications of the product, including the coverage, exclusions, waiting periods,...
English football fans have an ill-repute because of their hooliganism and rowdy behaviour, and the finals of Euro Cup 2021 when England lost to Italy, and...
As the IRDAI board is set to meet this week, here are some reforms the insurance industry stalwarts expect from the meeting. Read on to find more.
Whether you should buy a top-up or a super top-up plan should depend on your medical requirement. Ideally, one should weigh all pros and cons before investing...
In the wake of the Gujarat bridge collapse, it would be critical to review your existing life insurance policy and add to it a personal accident insurance...
The 24-member committee will study and recommend ‘Bima Vahak’ and ‘Bima Vistaar’ as part of the affordable and comprehensive cover for India’s rural...
If you are unhappy with your insurance provider’s products or services, you could opt to port your insurance policy from your current insurer to a new...
Multi-year health insurance policies not only does away with the hassle of renewing the policy every year, but it also provides good discount on premiums
