Participation in the Mint SecureNow Mediclaim ratings is not optional

The product options that are rated, have increased from 162 in 2013 to 423 this year Published in Mint Mon, Aug 1 2016, written by Kapil Mehta The Mint SecureNow Mediclaim Ratings (MSMR) take an enormous effort to be put together. Over 10,000 information bits on health insurance are collated from public sources like websites. […]

Read More

Portability between insurers is allowed for individual products

Published in Mint on JUN 14 2016, Written by Abhishek Bondia I want to insure the interior furnishings of my office. What kind of insurance would be suitable? The structure of the office is already insured. —Keshav Sinha You should buy a standard fire and special perils policy. This policy will cover risks such as […]

Read More

New rules give insurance web aggregators a boost

Published in Mint, on  10th May 2017 Insurance Regulatory and Development Authority of India (Irdai), in a gazette notification dated 13 April, laid down the rules for insurance web aggregators: Irdai (Insurance Web Aggregators) Regulations, 2017. According to the aggregators we spoke to, these regulations do not cause any major disruption, as they mainly aim […]

Read More

Religare sells stake in its health insurance business

Published in Mint, on 13th April 2017 Religare Enterprises Ltd, on 9 April announced the sale of its 80% stake in Religare Health Insurance Co. Ltd (a standalone health insurance company), to a consortium of investors led by True North, a private equity firm. Religare will get about Rs1,040 crore for the deal and the […]

Read More

Premium for group term plans is lower than individual policies

Published in Mint on 4th June, 2017. Written by Abhishek Bondia I live in a residential society and I am the residents’ welfare association (RWA) president. In the general body meeting (GBM), we decided to buy life insurance policies for five of our security guards, three maintenance staff, and three housekeeping ladies. Can you suggest […]

Read More