Should you buy multiple life insurance policies?

Is there any benefit of having multiple life insurance policies? Just as most things in life, anything done in excess is not good. So having way too many life insurance…

Holding multiple health covers? Here is how cashless and reimbursement claims work

If the amount to be claimed exceeds the sum insured under a single policy, the policyholder has the right to choose the insurer from whom he or she wants to…

Life Insurance: Lock in annuity rate with Saral Pension

The immediate annuity plan offers lifelong guaranteed rates at the time of purchase making it easier for customers to make an informed choice Source link

Why you should thoroughly read sub-limit clause before buying a health insurance policy

Sub-limit in a health insurance policy refers to the cap put by health insurers for various medical treatments covered within the policy. Source link

Rs. 2180 crore bonus for HDFC Life policyholders declared! Check eligibility

HDFC Life has announced a bonus for the 15.49 lakh eligible policyholders which exceeds the previous year’s bonus by 44 per cent. Source link

Review Meet: Finance minister asks states, insurance companies to expedite settlements of claims under key schemes

During a review of the Pradhan Mantri Garib Kalyan Package (PMGKP) Insurance Scheme for health workers fighting the pandemic, the minister observed that only 419 claims amounting to Rs 209.5…

Insurance: Irdai cracks down on misleading ads

An advertisement will be labeled as misleading if it omits to disclose or discloses insufficiently, important exclusions, limitations and conditions of the policy Source link

Why you need to buy a health insurance policy

Even if you have group health insurance from your employer, it is good to buy a health plan that covers specific risks faced by you and your family Source link

The Year 2020 – Insurance: Ironing out the kinks in the insurance armour

From standardisation of insurance products to digitisation of onboarding policyholders, Irdai has made it easier to select and purchase the right insurance product Source link

Saral Jeevan Bima: An attempt to cover the ones who need insurance the most

Saral Jeevan Bima will play a major role in expanding the term insurance market in India and increase insurance penetration rate in a relatively new and larger customer segment. Source…