Digitalisation in the insurance sector has transformed the way insurance policies are purchased, empowering the buyer to make an informed decision with minimal effort. The process of buying insurance online is efficient, and streamlined. Comparing policies online offers several advantages such as convenience, effortlessness, cost-effectiveness, greater transparency, comprehensive and customised coverage, flexibility, and access to […]
Articles Tagged: insurance policies
How Seasonal Businesses Can Bundle Insurance Policies to Save Costs?
As the festival of lights, Diwali approaches, the entire country is lit up with vibrant colours, bustling markets, and a surge of seasonal businesses catering to the festive crowd. From online to offline, there is a festive vibe everywhere. From the large shops offering huge discounts and exciting offers to small stalls selling festive decors […]
Protection decision comes before investment decision
Published in Mint on Jan 02 2016 Money conversations usually start and end with where to invest. But did you know that before the investment decision comes the protection decision. Reason is simple. You create assets out of current income and savings. If some harm were to come to those assets, you will have to […]
Risks in the city and five insurances to mitigate them
Published in Mint on April 03 2017, Written by Kapil Mehta We underestimate the risk of living in a city. Consider that every day Delhi has: 2 earthquake tremors, 25 car accidents, 63 fire calls, 180 litigations in the High Court, 200 dengue cases (in season), 275 cancer cases, 500 burglaries and thefts. If unreported […]
Will RBI nod make banks insurance brokers?
Published in Mint on Jan 19 2015 After deliberating for a year, the Reserve Bank of India (RBI) came out with guidelines on entry of banks into insurance business on 15 January, allowing banks to become either a corporate agent or an insurance broker. As insurance brokers, banks become directly responsible for the sale of […]