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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, […]

The Future Of Independent Engine Maintenance

The amount of the engine aftermarket available to independent MRO providers varies with engine type, age and OEM. New-generation engines are largely under contract with OEMs, but for current-generation engines, roughly 50% of the market is available. For more mature engines this percentage increases. In July 2018 CFM made headlines when it signed an agreement with IATA […]

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 […]

Hancock County to pay river maintenance assessment

The Hancock County commissioners on Thursday rescinded a resolution approved earlier this month to assess Hancock County property owners $1 each to replenish a Blanchard River maintenance fund. In a separate resolution, the commissioners agreed to pay the assessment from the county’s flood mitigation funds. Other counties in the river’s watershed have agreed to similar […]

More than half of Burnley child maintenance payments not being paid

Newly released figures from the Department for Work and Pensions show that around 240 parents were due to pay support through the Child Maintenance Service in Burnley between April and June 2018, but 48.1% of them had their payments in arrears. The proportion of parents with payments in arrears in Burnley is down from 50.2% […]

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 […]

Gurugram condominium RWA member ‘beaten up’ in tiff over maintenance

The Gurugram police booked four employees of a maintenance company of a condominium in Sector 50 for allegedly thrashing members of the residents’ welfare association (RWA) on Monday morning. A 35-year-old resident was also injured in the clash. Residents of The Hibiscus alleged that several men thrashed a group of RWA members, who were visiting […]

Car Insurance – Here’s all that you need to know about online insurance purchase

While we all know that buying a car insurance is mandatory as per the court of law, it would be worth mentioning that it covers you against any kind of physical damage to the car, personal injuries or death, and other third-party liabilities. Timely purchase and renewal of insurance policy sets your mind free of […]

Beach park in Makaha closed for 7 weeks for maintenance, city says

<img src="" alt="Image result for Beach park in Makaha closed for 7 weeks for maintenance, city says” /> Mauna Lahilahi Beach Park in Makaha was closed at 5 a.m. today and will remain off-limits for seven weeks due to maintenance and erosion, city officials said. The city’s Department of Parks and Recreation’s maintenance staff will […]

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 […]