Category: Insurance

Aditya Birla Health Insurance: The changing contours of medical insurance

Medical insurance is a fascinating business. The need is immense, but awareness of this need is pathetically poor. Medical insurance companies normally generate a steady flow of business for hospitals, but can help keep a check on medicare costs as well. However, if they do not manage their own business and numbers well, they could […]

Now, an insurance cover for marathon runners

Running marathons is no mean feat. Apart from the physical strains, it involves the risk of injuries as well. To offer an insurance cover to those running such long distances, digital insurance broking firm Symbo India Insurance Broking has launched marathon insurance. Here, Reliance General Insurance will be offering insurance cover. Under this product, event […]

How can you carry your car insurance while relocating

 No matter in which part of the country you live, at some stages of life you might have to relocate to another city or state. The reason for relocating can be a new job, promotion, etc. With this excitement, you might be confused that how will you manage things such as packing, enquiring about the new […]

10 factors which can affect your motor insurance claim

Buying a motor vehicle is one of the most essential parts of owning a car. It gives you a sense of safety while driving your vehicle. However, if your vehicle gets involved in a mishap, it can drain you emotionally and financially. In India, it is compulsory to have third party car insurance but normally, […]

Two-Wheeler Dealers Brace For Subdued Festive Sales As Insurance, Higher Prices Hurt

Manjesh Prajapati, 21, saved up for over a year to buy a scooter. Yet, it remains out of his budget. He zeroed in on the Honda Activa 5G to escape the ordeal of everyday commutes on crowded local trains and buses. When the finance graduate who lives in Worli, Mumbai, recently visited the showroom, he […]

What are defined benefit health insurance policies?

There are two types of health insurance plans: indemnity and defined benefit plans. A basic health insurance policy that pays for your hospitalisation expenses is an indemnity product. It pays for your hospital bills up to the sum insured. This coverage also includes pre- and post-hospitalisation expenses and listed day-care procedures. A defined benefit policy, […]

Do’s and don’ts while buying car insurance to ensure best deal

Buying motor insurance is mandatory when you purchase a car. And, with the new rules announced by IRDAI, now the owner-driver will get the personal accident cover of Rs 15 lakh. Secondly, the long-term third party insurance policy is also expanded for three-year mandatory for cars. The changes aim to provide more benefit to insurance […]

Renaissance Insurance Companies Earn A (Excellent) Ratings from A.M. Best with Stable Outlooks

INDIANAPOLIS, Oct. 4, 2018 /PRNewswire/ — Global insurance rating agency A.M. Best has assigned a Financial Strength Rating (FSR) of A (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a” to Renaissance Life & Health Insurance Company of New York (RLHINY), Binghamton, New York. Concurrently, A.M. Best has affirmed the FSR of A (Excellent) and the Long-Term ICR of […]

Why Has Modi Govt Made Reliance Health Insurance Mandatory For J&K Employees?

The Modi government seems to be going out of its way to help the dwindling coffers of Anil Ambani’s Reliance group — as is most recently being alleged in the controversial Rafale deal. Now, the Centre has made it mandatory for all state government employees in Jammu & Kashmir (J&K) to buy health insurance from Reliance General […]

5 mistakes to avoid while buying health insurance

One of the most important things these days is to buy a suitable health insurance plan for our family. But we need to understand different aspects of the policy before buying and this is where sometimes we may make a mistake. If we buy a health insurance plan either in hurry or without complete understanding […]