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New India moots cheapest health insurance policy
Public sector general insurance company, New India Assurance (NIA), is looking to launch one of the cheapest health insurance policy, with the yearly insurance premium for a minimum Rs 1 lakh sum assured for less than Rs 1,000. The insurer is hoping to keep the price of the policy low by restricting the choice of hospitals, and covering only major illnesses. "By restricting the choice of the insured,
Public sector general insurance company, New India Assurance (NIA), is looking to launch one of the cheapest health insurance policy, with the yearly insurance premium for a minimum Rs 1 lakh sum assured for less than Rs 1,000. The insurer is hoping to keep the price of the policy low by restricting the choice of hospitals, and covering only major illnesses. "By restricting the choice of the insured,
New India Assurance hopes to attain Rs 7,200-cr premium target
The New India Assurance Company, the public sector general insurer, is hopeful of achieving the target of Rs 7200 crore gross premium in the current fiscal. This includes Rs 1200 crore gross
'Green shoots are now becoming trees & plants'
One area where public sector insurers have lagged their private sector counterparts is technology. M Ramadoss, the newly-appointed chairman and managing director of the country's
Irda cracks whip on insurers
10 companies to be penalised, Reliance General attracts biggest penalty.
10 companies to be penalised, Reliance General attracts biggest penalty.
M J Antony: The cause and effect trail
One of the tricky issues on which insurance lawyers argue incessantly is the ‘proximity’ of a happening to the insured event. The statutes do not define it and there is very little case law in
One of the tricky issues on which insurance lawyers argue incessantly is the ‘proximity’ of a happening to the insured event. The statutes do not define it and there is very little case law in
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