The Narendra Modi government launched the Pradhan Mantri Fasal Bima Yojana early last year to replace the previous National Agricultural Insurance Scheme and its modified form. It claimed that the Pradhan Mantri…
Innovation is the only insurance against irrelevance – Gary Hamel, Business Thinker. Introduction: The home insurance sector in India has achieved less than 1% penetration level against a global benchmark…
Critical illness Definition Critical illness is a serious health condition that has a debilitating effect on an individual’s lifestyle and requires a considerable amount of money towards treatment. It may…
Why should a careful driver who doesn't cover many miles and drives predominantly during off-peak hours should pay the same premium as the one who drives recklessly? "There are a…
An analysis by the National Pharmaceutical Pricing Authority (NPPA) shows that importers, distributors and hospitals are earning hefty trade margins that can range from 67% to as high as 449%.…
Insurance in India has been a very old concept, traces of its existence can even be found in the Manusmriti, Dhramashasstra, Chanakya’s Arthshastra and their likes. The government of India…
As the tax rate changes to 18% from 15% after the implementation of GST, the insurance policy premium rates have marginally increased. Thus the customer is left with no other…
IRDAI Chairman T S Vijayan mentioned at the 19th CII Insurance Summit that there was scope for a lot of small insurance companies today with focus on specific area of…
The Health Ministry recently suggested equalising the costs of both normal and c-section deliveries in order to curb down the rampant practice of c-section surgeries in private hospitals. The proposal…
“You cannot have Million Dollar Dreams with Penny Thoughts” exclaimed Mr. Brian D Heckert, the 2016 President of Million Dollar Round Table (MDRT), USA, while addressing the delegates at the…