The judge passed this order, which would go a long way in coming to the aid of lots of accident victims

Make 'bumper-to-bumper' insurance mandatory from Sept 1, rules Madars HC

Aug 26, 2021

This must be in addition to covering the driver, passengers and owner of the vehicle, for a period of five years, Justice S Vaidyanathan said in a recent order

ABSLI DigiShield Plan premium rates slashed

Aditya Birla Sun Life Insurance reduces its term plan premium by 15%

Aug 24, 2021

ABSLI DigiShield is a term insurance plan which can be personalised to suit specific protection needs

Life Insurance Corporation of India

LIC unveils Arogya Rakshak health insurance plan; know how it will work

Jul 21, 2021

The Arogya Rakshak policy “provides fixed health insurance cover against certain specified health risks and provides timely support in case of medical emergencies and helps the insured and his family to remain financially independent in difficult times.”

The bonus is paid out of the profits generated by the company's participating policyholders' funds for the year FY 2020-21

Reliance Nippon Life Insurance declares Rs 306.88 crore bonus for policyholders

Jul 05, 2021

This bonus issuance will benefit over 6,85,000 participating policyholders, a company release said

Data from shows only 15 per cent customers use their wellness points as discounts, while renewing their policies

Illness to wellness: How to get insurance discounts by staying healthy

Jun 11, 2021

Not many people know that health insurance policies come with wellness benefits in the form of discounts on premium amounts, health checkups or diagnostics or redeemable vouchers for membership in gyms and yoga centre

You need to work with actual figures to reach an adequate sum of insurance which would suffice for your family members

Is Rs 1 crore life cover big enough to secure your family?

Jun 30, 2021

The life cover you decide on should be adequate to help your family maintain the standard of living you would have provided for them always. To ensure an adequate cover, you will need to set your goals and make some easy calculations

What is EDLI scheme? All you need to know

Here's all you want to know about EDLI scheme under EPF

Jun 25, 2021

Nominees or heirs of the deceased member can get a maximum benefit of Rs 7 lakh under the EDLI Scheme. Irrespective of the salary, the minimum insurance benefit under the scheme is Rs 2.50 lakh, if the employee has continuously worked for 12 months

Will COVID-19 plans cover Mucormycosis?

Health insurance for black, white, yellow fungus: What you must know

Jun 03, 2021

COVID-specific plans such as Corona Rakshak and Corona Kavach will not cover it as those policies cover you only for COVID-19 treatment

ICICI Prudential Life announces highest-ever bonus of Rs 867 crore for policyholders

Jun 07, 2021

A total of 9.8 lakh participating policyholders will benefit from this, taking them closer to their long-term financial goals.

Insurance and investments are different products and serve different purposes

Ask Money Today: Should I surrender my existing term plan to buy bigger insurance cover?

Jun 10, 2021

Never mix your insurance and investment. If you mix both, you neither get adequate insurance cover nor adequate returns on your investments

In the financial year ended March 2021, the company had settled a total of 1,70,000 claims

Bajaj Allianz Life settled claims worth Rs 700 crore in FY21: CEO

May 30, 2021

We settled a total of Rs 700 crore as claims that were 1,70,000 in number. This number is quite high, Bajaj Allianz Life Insurance MD and CEO Tarun Chugh said