GIPSA stands for General Insurance Public Sector Association. An association of the four public sector general insurance companies, namely, manages the GIPSA Insurance package. The New India Assurance Company Ltd, National Insurance Company Ltd, United India Insurance Company Ltd, & The Oriental Insurance Company General Insurance Public Sector Association packages (GIPSA Insurance package) cover commonly […]
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Read about Five recent insurance related litigations in the Supreme Court
Five recent insurance related litigations in the Supreme Court and What They Mean for Policyholders I. Claims can be rejected if material information is not disclosed when buying insurance Reliance Life Insurance v. Rekhaben Nareshbhai Rathod – Supreme Court litigation This case was about a basic principle of insurance law: if the insured does not […]
One stop solution for Health claims – SecureNow App
As a technology-driven organization, we have a very great & useful tool – E-claim in the SecureNow app, one stop solution for Health claims where you and your employees can initiate claims through App in minutes that too hassle-free! Additional Read: How Health Insurance Claims get paid? Just follow the given steps: 1. Type securenow.app […]
Liability insurance is offered as an add-on with home policies
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 […]
Monthly health plan premiums a positive, but there’s a flip side
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 […]
How to work with the Ombudsman to address your grievances across India?
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 […]
Take Vacations to Stay Healthy
Leisure is an important part of health. By taking a break from your daily life, unplugging yourself from the pulls and pushes of technology and engaging in new activities in new places, you have an easier opportunity to release unwanted habits. Those who love vacation know just how invigorating and exciting it can be. Nothing helps […]
Importance of Carbs in Muscle Building
If you ask any person about the role of protein in muscle building, you will get the good response from them about the way muscle builds, muscle recovery, hypertrophy and many more. But if you ask the same person about the carbohydrate, we doubt that you will get the same response. This is because a […]
Benefits of Green Tea
India always been a tea drinking nation. We consume nearly 837,000 tons of tea every year. The tea which is preferred mostly in India is black tea. But there is another tea which is gaining popularity nowadays; that is green tea. Green tea is made from un-oxidized leaves and is one of the less processed […]
No loan facility with new Ulips; but you may borrow against older policies
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 […]