Standard health products for vector-borne diseases can work as a supplementary cover

Standard health products for vector-borne diseases can work as a supplementary cover Published in Livemint. The Insurance Regulatory and Development Authority of India (Irdai) last week launched draft guidelines on standard health insurance products for vector-borne diseases such as dengue, malaria, kala-azar, chikungunya and zika virus. The general and health insurers can offer one or a combination of diseases […]

Read More

Tips to minimise your motor fleet insurance premium

The cost of operating a fleet can be considerable. A motor fleet insurance policy helps reduce the cost of maintenance and accidental wear and tear. And to make even more gains, you can apply the tips discussed here to ensure an affordable premium on your motor fleet insurance. Minimizing premium when buying motor fleet insurance […]

Read More

How to file a claim under Building Insurance?

How to file a claim under Building Insurance? Following steps should be taken to file a claim under building insurance: Step 1: Inform the company: Notify your insurance company. You must not try to undo the damage yourself if you have an insurance which covers the damage that you have suffered. Next, one must prevent […]

Read More

What is the meaning of Insurance?

What is the meaning of Insurance? The concept of insurance originates from the principle of sharing the risks by a large group to reduce the burden on the few. Insurance also refers to ‘Risk Transfer’ in the language of risk management techniques. Insurance is a legal contract involving two parties, where one party proposes to […]

Read More

What is the meaning of Health Insurance?

Health insurance gives you coverage against hefty medical expenses that may arise due to sickness and accidental injury. In most of the cases, health insurance is offered to people in the age group of 5 to 80 years. In some cases, children under five years are covered if their parents are also covered. Health insurance […]

Read More

What is covered under a Critical Illness Insurance Policy?

Due to a sedentary lifestyle, even younger generation is also suffering from life-threatening ailments like cancer, chronic kidney disease, cancer, diabetes, etc. According to the World Health Organisation (WHO), every year nearly 1.7 billion hearts stop working. Further, more and more youngsters are suffering from oral cancer as they get hooked on smoking, tobacco or […]

Read More

What are the different Types of Life Insurance Policies?

Similar to health insurance, life insurance policies are of two types: Individual Life Insurance Group Term Cover Unlike health insurance there is no family life insurance cover, although, there can be joint life covers. Group term cover is a simple term plan which is provided to a large homogenous group of people. Only difference is […]

Read More

Different types of Health Insurance plans to cover medical costs

There are multiple types of health insurance policies available to provide for the various health related expenses incurred by individuals. However, by buyer eligibility we can divide all plans into three broad classes: Group Health Insurance Personal Health` Family Floater Although, features and types of expenses covered are different in both the policies Individual health […]

Read More

Why your domestic help must have insurance

Published in Mint on Sep 07 2016, Written by Kapil Mehta The building, in Delhi, where I stay has 11 residents with 15 supporting domestic staff consisting of full-time maids, drivers and security guards. Since there are about 400 homes in my locality this means our small colony alone has over 5,000 domestic staff. They […]

Read More