Look who is afraid of insurance products?
Globally, Indian consumers are known to be smart buyers — often called ‘value seekers’ by marketers. Indians are always looking for the best deal and to maximise perceived price-value output.…
Insurance News: Finance Ministry, insurance sector mull catastrophe pool
Cyclone Nilam has brought the insurance industry and the finance ministry closer on an agreement to set up an exclusive catastrophe pool to cover the losses that occur in natural…
General Insurance Article: Anatomy of Customer Grievance in Insurance industry
Grievance is a communicated or in communicated umbrage at an imaginary or real injustice, giving rise to cause for complaint. Grievance is thus anger against a perceived wrong or wrong…
Governments playing a greater role in insurance industry
More and more governments are leveraging private insurance skills and the growing capacity of the sector to cover catastrophe losses as well as a wide range of other risks, Swiss…
Insurance and Reinsurance of Terrorism Risk
Terrorism is a new risk posing challenge for the insurance industry. The terrorist acts of September 11, 2001 have caused many changes in the global terror insurance market. One major…
Necessity of training for the General Insurance Agents
Having put in service of more than 4 decades in the insurance industry, I had been seeing that among the insurance agents some procuring business were illiterate, some did not…
Standard Fire & Special Perils Insurance Policy from SBI General Insurance
Take Control of your business's destiny with the help of SBI General Insurance Life is full of surprises. Some are pleasant and some are not. Disasters like Fire, explosion, storm,…
Health Plus from Aviva Life Insurance Co. Ltd
Overview Aviva Health Plus is a comprehensive health cum savings plan that covers you against death and ill health while guaranteeing the return of a part of the premium on…
Under Insurance aspect with respect to Marine Cargo Policies Is sum insured average applicable to Marine Cargo Policies
Though Marine Cargo Policies are in principle devised on agreed valued basis, in policies covering especially second hand Machinery under Marine Policies, under Insurance or sum Insured average is quite…
Health care system of India
Healthcare system of India is a mess. Results of the National Sample Survey 60th round bring out the picture in black and white. On the one hand, morbidity, which measures…