Published in Moneycontrol Apart from the loss of income and trauma, one of the biggest side effects of losing a job is the loss of health insurance benefits. The going has been tough for many salaried employees across sectors owing to the novel Coronavirus Disease-induced (COVID-19) nationwide lockdown. Many corporates have handed out pay cuts, […]
Search Results for: office insurance
Here's what we've found for you
Covid-19 impact: Uninsured PPE kits add to hospital bills
Published in Livemint Mumbai: Hospitalizations in the middle of the coronavirus pandemic, even if a patient has not contracted the virus, may add thousands of rupees in out-of-pocket expenses as insurers are unwilling to cover the costs of personal protective gear as they fall in the list of non-payable items. Patients could end up spending […]
Yes Bank’s FD with COVID cover: Avoid deposits that come with bundled policies
Perhaps alarmed with falling deposits and loss of customers’ confidence, Yes Bank has held rolled out a new scheme. The bank launched a fixed deposit (FD) product with an insurance cover for COVID-19 illness. It has tied up with Reliance General Insurance for the product. Yes Bank will bear the premium cost for a sum […]
What Are the Different Types of Medical Expenses Covered Under A Workmen Compensation Policy?
Medical expenses cover can be included as an add-on in a workmen’s compensation insurance policy. Different insurers define the limit of medical benefits differently. Some of these options are: A fixed sum (per case) daily, for the duration of hospitalization The actual amount spent up to the total sum insured as defined at the time […]
Does regulator allows partial settlement of maturity payouts for all Ulips
Published in LiveMint. Addressing the operational constraints arising out of the country-wide lockdown and the market volatility due to COVID-19, the insurance regulator has allowed life insurers to offer settlement options in accordance with Regulation 25 of IRDA (linked insurance products) Regulation, 2013 for matured Ulips whose fund value is to be paid in lumpsum. […]
Are life insurers equipped to sell indemnity health plans?
Published in Livemint. Last week, the Insurance Regulatory and Development Authority of India (Irdai) formed a committee to look into the feasibility of allowing life insurers to sell indemnity health plans. The payout from these plans is limited to the expenses incurred up to a predetermined sum insured. Irdai had first allowed them to sell […]
What are 4 Work-Related Hazards and how to shield them?
For all employers, maintaining the health and well-being of the hired workforce is a significant concern. They want to ensure that all the employees feel safe and secure when they are at the workplace. It is for this reason that all the newly built office complexes are designed as per safety standards. However, certain work-related […]
Here’s How You Can Protect Your Company’s Biggest Assets
An organization, no matter how small or big, runs well because of its employees but can grow mainly because of the critical decisions made by the senior managers and directors. Being at the top of the employment hierarchy, the directors are indeed its most significant assets. Depending on the key responsibilities they handle, they are […]
Boost Your Business Productivity With These 4 Healthy Employee Ideas
Boosting business and especially employee productivity can be tricky. While most managers today understand that the efficiency of the workforce is affected by factors that go beyond earning a decent salary, it is more about improving employee engagement and giving them a sense of belonging, letting them know that their contribution is indispensable for the […]
Complaints against life insurers spike by 6% in FY19
Published in Livemint. There has been a 6% rise in number of complaints reported against life insurers in FY19. The finding was part of an annual report released by Insurance Regulatory and Development Authority of India (Irdai) on Monday. As many as 102,127 complaints were filed against the public insurer (LIC) and private insurers attracted […]