Vector insurance using e-wallet
A popular digital payment and e-commerce platform is offering users a dengue insurance scheme. The move shows how a cover against the mosquito-borne disease is being considered a necessity in…
HDFC Bank to sell its shares in Birla Sun Life plans
HDFC Bank plans to sell Birla Sun Life Insurance (BSLI), which is a rival to its group firm HDFC Life. The Bank is adopting an 'open architecture' model for insurance…
Fresh merger structure to IRDAI by Max Life-HDFC Life
In the wake of Insurance Regulatory and Development Authority of India's (IRDAI) reservation about the deal structure in the proposed merger of Max Life Insurance Company with HDFC Life, a…
Prohealth Insurance from Cigna TTK
BASIC COVERS • In patient Hospitalization • Pre-hospitalization • Post-hospitalization • Day care Treatment • Domiciliary Treatment • Ambulance Cover • Donor Expenses • Worldwide Emergency Cover • Restoration of…
Aviva Heart Care from Aviva Life Insurance
A unique feature of this product is that it allows to cover both partners in the same policy at a nominal extra premium. Aviva Heart Care also has options to…
Guidelines on Stewardship Code for Insurers in India
Insurers should formulate a policy for Stewardship based on the principles indicated in these guidelines and get the approval of the Board for implementation of the same. The principles and…
The Mantra of Successful Selling Insurance Products
Successful selling is the essence of marketing. It revolves around the needs and interest of the seller. Infact, selling starts with the seller. Selling as an occupation is something that…
EXECUTION OF DISCHARGE VOUCHER & ITS LEGAL IMPLICATIONS IN INSURANCE CLAIMS
The discharge voucher is not a bar in filing a complaint before the Consumer fora. The mere execution of the discharge voucher would not always deprive the consumer from preferring…
Insurance Agent Role Will Transform but Continue to be Valuable in Digital Era
Risk Solutions As the insurance industry is pushing its efforts to increase the digital footprint, the moot question is, ‘what is the future of the oldest channel, the insurance agent…
REINSURANCE LIBERALISATION IN INDIA: WILL IT MAKE INDIAN INSURANCE MARKET SUSTAINABLE ?
With huge opportunity in India and rapidly growing middle class and a comparatively low insurance density relative to other national economies, India constitutes an attractive market of the future for…