Visva Bharati students under health cover
Visva-Bharati in collaboration with the National Insurance Company Limited has introduced a medical insurance scheme that will provide coverage of up to Rs 50,000 to students aged…
United India Insurance makes a mockery of PPN package rates
In a strange case, the TPA of United India approved cashless hospitalisation as per a package rate for preferred provider network. But the network hospital billed the…
Insurers gear up for e-insurance issuance
Insurance companies are gearing up to issue e-insurance policies in the near future in order to create a paperless environment in the industry. Insurance Regulatory and Development…
New India Assurance signs MoU with ICSI
New India Assurance has signed an agreement with Institute of Company Secretaries of India ( ICSI) to provide an exclusive portal for members, students and employees of…
Uttarakhand tragedy: disaster preparedness at major pilgrimage sites
Thousands lost their lives in the recent Uttarakhand floods. Estimates vary — a little over a thousand says the government, 11,000 says UN. Among those who died,…
General insurers to monitor accidents on highways
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…
Term insurance plans have highest lapsation rate: Survey
According to a recent report titled “ Life Insurance Thematic: Let’s not give up on life yet”Espirito Santo Securities, term insurance policy in India have the highest…
Premiums set to grow throughout the insurance industry: Swiss Re
The insurance industry which is having troubles presently with natural disasters is likely to see some of its current troubles dissipate with the coming of higher premiums…
Ahmedabad Rath Yatra insured Rs 1.5 crore
The Annual Jagannath Rath Yatra at Ahmedabad has been insured Rs 1.5 crore this year up from Rs 1 crore last year.
TCS launches insurance app for smartphones
Tata Consultancy Services recently launched TCS Insurance QuickPass – an application that allows insured drivers to maintain a true “digital wallet” that includes a digital version of…