Published in Cafemutual on 24th April, 2017 Agent attrition has been an ongoing issue in the life insurance industry. Recent data provided by Life Insurance Council (LIC) shows that over 5.20 lakh agents left the distribution of life insurance policies in the last 5 years. LIC is a trade body of the life insurance industry. The […]
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Our Q&A Column in Mint – July 17th, 2013
Read our column in Mint about Construction All Risk insurance and Professional Indemnity for doctors on SecureNow Insuropedia
General insurers’ incurred claim ratio improves
Published in Moneycontrol. General insurers saw an improvement in their incurred claim ratio, from 94 per cent in 2017-18 to 91 per cent in to better pricing and claim management. In 2016-17, the ratio for the industry was 105.6 per cent. The incurred claim ratio represents the total claims paid from the net premiums collected […]
Benefits of taking shower at night
It is normal to us to take showers in morning as it provides the required freshness to our body and mind. But there are some people who take shower in the evening or night too. Lot of research is there on internet comparing morning shower with night shower. But here we will be talking about […]
Hike in tax sop for health insurance premium sought in Budget 2020
Published in Economic Times. Written by Davinder Singh. We hope the government will use Budget 2020 to incentivise health insurance buyers to create better insurance awareness and deeper penetration. Here are a few things that we would like for the insurance sector from the Union Budget 2020. Increase in income tax exemption on health insurance […]
Do not rely only on company health cover for dependants
Published in Mint on 27th May 2014, Written by Kapil Mehta My mother and father have retired and have no mediclaim. However, my wife and I have added them as dependants in our company health insurance. In my company, they are eligible for Rs.1 lakh as group cover, and in my wife’s, they are eligible […]
20 Good Habits You Need To Start In Your 20s
20. Focus on the activities and people that make you happy.- This isn’t high school anymore, where we have to please people just to be considered cool and fit in. This is the real world and in the real world all you have to worry about is yourself and not what others think about you. […]
Prevent flood losses
Flood loss scenario seems to be spiraling upward at an increasingly high rate. Factors contributing to this are climate change, modification of landscape, settlement in areas near to water bodies, higher vulnerability and lack of risk awareness among property owners. 1. Site Selection Better site selecting is far easier to implement than designing a facility […]
Welcome steps towards protection of insurance buyers
Published in Mint on 5th Jan, 2015, Written by Kapil Mehta The insurance regulation on protection of policyholder’s interests is the industry’s equivalent of the Ten Commandments, a set of principles that insurers must abide by. The original regulation issued in 2002 remains in force even today. Much has happened over the past 13 years […]
Mediclaim premium paid in cash not tax exempt
Published in Mint on 4th March 2014, Written By Kapil Mehta Is it required to get third-party pet insurance? I have a German shepherd. —Deeptiman Third-party pet insurance is not mandatory. A few insurers cover third-party pet liability as an extension to basic pet insurance. However, I don’t find the extension useful because liability is […]