The policyholder gets a free telematics device installed in the car. This device monitors the kilometres, the condition of the car and driving habits
It is duty of the IRDAI to ensure that its guidelines on health policies are implemented by the insurance companies in letter and spirit
Saral Suraksha Bima policy: The minimum sum insured under the cover will be Rs 2.5 lakh, and maximum limit is Rs 1 crore
NPS is a voluntary social security benefit that allows subscribers to invest in schemes managed by pension fund houses
Many insurance companies in the country including Life Insurance Corporation of India (LIC) offer rebate on online purchase of policies.
Irdai has prescribed investment guidelines specifying the type of instruments and allocations for insurance premiums basis the products
People suffering from lifelong diseases do find it tricky to get health insurance cover — especially after Irdai has restricted the list of illnesse
If you have to extend the period of cover, plan for it before the cover expires and provide the required documents to the insurer
Pre-existing illness is any ailment that the policyholder was diagnosed with within 48 months before buying the health insurance policy.
There are total 24 life insurance companies in the country. Of these, Life Insurance Corporation of India reported 4.14% fall in new premium income