Can’t deny mediclaim to a vegetarian, insurance company told
A district consumer commission has ordered an insurance company to pay mediclaim with interest to a patient which the insurer had denied on the grounds that he had developed a…
Premji Foundation to enter healthcare
More than two decades after setting up Azim Premji Foundation to improve teaching in government schools, the country’s most generous billionaire has turned his attention to healthcare for the poor.…
Out-patient care insurance
Star Health and Allied Insurance has launched the new "Star Out Patient Care Insurance Policy". This policy aims at providing complete health and wellness benefit to customers at an affordable…
TMB inks bancassurance pacts with Chola MS General, Max Life
Tamilnad Mercantile Bank (TMB) has tied up with Cholamandalam MS General Insurance Company Ltd and Max Life Insurance Company to offer insurance products through the bank. This would take the…
Road crash in Rajasthan turns out to be murder for Rs.2crore insurance
A hit-and-run case has turned out to be a cold-blooded murder plotted by a man eyeing his wife's insurance amount of nearly Rs 2 crore. Shalu Devi (32) and her…
Maharashtra asks insurance firms to take cognizance of farmers’ claims
The Maharashtra government has asked crop insurance companies to take cognizance of complaints by farmers and warned that the State will initiate action against companies denying insurance claims to eligible…
Reframe crop insurance to enroll more farmers
The Indian government should reframe the crop insurance contract with farmers so that they can pay the premium at the time of harvest. This will help enroll more growers in…
ICICI Lombard ties up with AU Small Finance Bank
ICICI Lombard General Insurance has entered into a bancassurance tie-up with AU Small Finance Bank. The partnership will provide the bank’s customers access to the insurer’s portfolio and enhance penetration…
15-year old got vehicles will be scrapped: Gadkari
Union minister Nitin Gadkari said all vehicles belonging to the Indian government that have completed 15 years will be scrapped, and a policy to that effect has been sent to…
New General Insurer granted license, more in pipeline
For the first time in five years, the insurance regulator approved registration of Kshema General Insurance as part of measures to improve ease of doing business, increase competitiveness, spur investments…