Standard Fire & Special Perils Policy Policy Coverage: This Policy may cover various assets such as Building, Plant & Machinery, Stock, and Furniture, Fixtures against loss or damage due to:…
Introduction When it comes to our family, we always want to be double sure. We want to give them the best of everything that life has to offer and strive…
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…
Risk management is not a subject that gives a product with a clear price tag sold in the market such as life insurance, health insurance, general insurance, pensions etc. Such…
Why this article: Property (Material Damage) insurance, more traditionally known as Fire Insurance, is a basic insurance cover used by a huge number of customers. The promise of true protection…
IRDAI for the first time since it came into being took a strong decision by appointing an administrator to take over the charge of Sahara Life for its mismanagement. Insurers…
Attention is drawn to Reg 6(d)(ii) and 6(e)(ii) of IRDAI's (Payment of commission, remuneration or reward to insurance agent or insurance intermediaries) Regulations, 2016. The Authority has received representation from…
1. This circular is issued in accordance with the powers vested under Section 14(2) and 14(h) of the IRDA Act, 1999 2. This circular is applicable to all non-life insurers…
Online insurance market is growing slowly but steadily. It gives the customers a lot of options to compare features, cost, benefit etc. The time for issue of policy is significantly…