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During the lockdown period, when you are hardly driving your vehicle and only using it for emergencies, it is preferable to obtain Third Party + Fire + Theft insurance instead of a comprehensive policy and save significantly on the premium
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When you buy a life insurance policy at a younger age, you “lock” your premium, i.e. it doesn’t rise with age. However, if your policy lapses, you not only lose coverage and continuity benefits but also your “younger age” premium
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The slew of measures taken by IRDAI and courts have come as a major relief for Covid patients and their kin. However, a lot more needs to be done in order to boost insurance penetration in the country
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If you do not have an adequate sum insured here are a few ways of increasing your health insurance coverage
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Under domiciliary hospitalisation, medical expenses are covered by your health insurer provided it is an in-built cover in your policy or if you have opted for it as an add-on cover
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In an interview with Money9, Sanjiv Bajaj, Joint Chairman and MD, Bajaj Capital talks about how new and existing policyholders can keep the process of claim settlement smooth in case of a hospitalization
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Here is a lowdown on different types of life insurance policies to help you choose the right policy
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IndiaFirst Life Insurance paid Rs 388 crore in overall claims during the year, up by nearly 35% from a year ago's Rs 253 crore, says MD & CEO R M Vishakha
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An annuity is a contract that provides a series of periodic payments for a fixed period or over your lifetime
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Insurers are asking policyholders to either move to a comprehensive health insurance policy or buy a new covid policy