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Have your own health fund
Mankeshwar Pathak, a Varanasi resident, passed away last year due to a sudden cardiac arrest. He was over 80. However, till his death, he was never hospitalised nor had any major ailment. But he dutifully paid his medical insurance premiums - Rs 50,000 annually for a sum assured of Rs 8 lakh - for years, just to ensure his family did not have to bear the cost of hefty hospitalisation bills. While his
Mankeshwar Pathak, a Varanasi resident, passed away last year due to a sudden cardiac arrest. He was over 80. However, till his death, he was never hospitalised nor had any major ailment. But he dutifully paid his medical insurance premiums - Rs 50,000 annually for a sum assured of Rs 8 lakh - for years, just to ensure his family did not have to bear the cost of hefty hospitalisation bills. While his
Corporate agency channel runs out of favour with life insurers
Stringent licensing norms, new persistency guidelines make it the least preferred option.
Stringent licensing norms, new persistency guidelines make it the least preferred option.
Age barrier for health policies may go
Regulators as well as insurers are keen on such policies, but pricing may be a trouble. The Insurance Regulatory and Development Authority (Irda) is looking to do away with the age limit for
Regulators as well as insurers are keen on such policies, but pricing may be a trouble. The Insurance Regulatory and Development Authority (Irda) is looking to do away with the age limit for
Get ready to pay more for auto cover as insurers set to raise premium
Rates may increase 40-50% for commercial vehicles and 20-25% for for private vehicles.
Rates may increase 40-50% for commercial vehicles and 20-25% for for private vehicles.
Irda blames insurers for pension plan vacuum
Says delay in approving new pension schemes is due to late product filing by firms. The Insurance Regulatory and Development Authority (Irda) today attributed the delay in approving new pension
Says delay in approving new pension schemes is due to late product filing by firms. The Insurance Regulatory and Development Authority (Irda) today attributed the delay in approving new pension
Feedback sought on new motor insurance law
Govt prepares draft on Kaul panel report, may table Bill in next Parliament session.
Govt prepares draft on Kaul panel report, may table Bill in next Parliament session.
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