In a bid to encourage customers to buy third-party motor insurance policies through its website the New India Assurance Company Ltd. will offer a discount of 5-10% on premiums for…
Drivers of CNG cabs and auto rickshaws in the national capital and its adjoining areas will now be under group insurance scheme. The scheme recently approved by Oil Minister M…
Private hydel power projects in Uttarakhand facing a shutdown due to floods are worried over the fact whether they would be able to recover their losses from insurance companies. The…
It is a cause of concern - as when people find their premiums are almost double, will prefer to remain uninsured and then buy cover only when needed. Under The Affordable…
The introduction of portability in life insurance by the IRDA two years back has ushered in little changes in medical insurance. Amarnath Ananthanarayanan, chief executive officer of Bharti AXA General Insurance,…
The Cabinet Committee on Economic Affairs is likely to take up an Rs 600-crore proposal to establish a network of 107 laboratories, in the 12th Five-Year Plan (2012-13 to 2016-17), for…
Sudhin Roy Chowdhury, Member (Life) IRDA recently said that the final guidelines on bancassurance are likely to be out in the month of August.. "We have debated and redebated and now…
IRDA has recently cautioned public that claims of insurance cover made by courier companies are false, as these firms do not have the permission or authority to offer insurance cover. The…
The same insurer cannot switch from one plan to another, as per the amended guidelines by the IRDA on standardisation in health insurance. Deductible-a cost-sharing requirement under a health insurance…
Armed with the startling revelation that road accidents claim one life every four minutes in India , the general insurance companies are planning to launch a new project to track fatal…