Published in Moneycontrol. How group health insurance covers offered by banks work COVID-19 has made everyone sit up and take notice of the importance of having an adequate health insurance cover. But if you are a senior citizen, you may be more vulnerable to the pandemic. If you don’t have sufficient health insurance cover, then there is a […]
Liability insurance is offered as an add-on with home policies Published in Livemint. Written by Abhishek Bondia We made a claim on our family health insurance, which we have been renewing for the past 10 years, in 2016 for my husband’s appendix operation. There were no claims before or after that. Will the subsequent years […]
Published in Livemint. More and more first-time buyers in the younger age brackets are opting for the monthly premium option when going for health insurance policies, the recent buying pattern on Policybazaar.com, an online marketplace for insurance, shows. The monthly premium option was introduced by the Insurance Regulatory and Development Authority of India (Irdai) in April to […]
Published in Asia Insurance Review. A new social ecosystem and work environment is emerging as society deals with the pandemic. Insurance, too, will be transformed. SecureNow.in co-founder Kapil Mehta said, “There will be a significant shift in the insurance covers. “Offices and factories were non-operational and unoccupied for long periods and subject to significant silent […]
Introduction- The Ombudsman is a person appointed by the insurance council. The serving term of the Insurance Ombudsman is three years and there are 17 Ombudsman across India. Who can approach an Insurance Ombudsman? Any person who has a grievance against an insurer, may himself or through his legal heirs, nominee or assignee, complain […]
Published in Mint on Feb 27 2017, Written by Abhishek Bondia I have a unit-linked insurance plan (Ulip) that I had bought in 2009. I have a family situation where I need to help my brother to pay his son’s college fees. Can I borrow against this policy? Will it be of the same value […]
Published in Mint on Feb 20 2017, Written by Abhishek Bondia My house in Delhi is insured against earthquakes and I have never missed any premiums. I want to add two rooms to the second floor. Will my existing insurance policy suffice or will I have to take a new policy? If I need to […]
Published in Mint on Feb 02 2017, Written by Abhishek Bondia How do I lower the cost of buying life insurance? I am 28 years old and earn Rs20,000 per month. I am the sole earner in my family and can only spare around Rs2,000-3,000 a month for insurance, which I now consider to be […]
Published in Mint on Jan 19 2017, Written by Abhishek Bondia What is an adjustable life insurance plan? Can this be done for a term plan? —Gautam Chopra An adjustable life insurance gives the option of changing the plan’s specifications during the term of a plan. Changes can be made to the sum assured, […]
Published in Mint on Jan 12 2017, Written by Abhishek Bondia I own a car that is 6 years old. I have been diligent with properly insuring it every year and have never taken any claim. Its renewal is due in January. However, I have been with my son in the US since November last […]
