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Latest Insurance Buzz

LIC's Jeevan Umang provides cover till age of 100. should you buy? July 21, 2017
ET digs deep into whole-life products and finds out who should buy it.
Unmarried individuals, working couples may still need life insurance: Here's why July 19, 2017
Working spouses may not be inter-dependent, but both their income streams may be required to contribute to future shared goals.
Monsoon is here: Should you buy engine protect add-on insurance for your car? July 15, 2017
By paying an additional premium for the engine protect add-on, the insurer pays up even for the consequential damage arising out of water ingression.
IRDAI issues new norms for mediclaim policies July 13, 2017
Misselling is a huge problem for the insurance industry as, of 1.72 lakh complaints in 2016-17, about 50 per cent related to unfair business practices.
Study fine print before buying insurance policy July 10, 2017
Regardless of the ailment or the treatment given, coverage would be determined by the definition of “critical illness“ stated in the policy.
Are value-added benefits of health insurance worth considering? July 10, 2017
Here’s a look at the some of the most common value-added benefits offered by health insurers, how they work, and whether they are useful.
How to make a claim on multiple health insurance policies July 7, 2017
The total hospital bill need not be shared between the insurers as the claims settlement is not on the basis of 'contribution clause'.
How insurance firms are dealing with fraud claims July 4, 2017
Insurers have identified at least 80 districts across the country which have excelled in fraudulent claims over the past decade.
Senior citizen health insurance plans are restrictive. Read on to find out how June 30, 2017
Co-payment is typically a mandatory feature in all senior citizens health insurance plans. Before buying, get clarity on the applicability of co-payment.
6 ratios to know when buying insurance June 26, 2017
Higher the claim settlement ratio, the greater are the chances of settlement of a claim. It is also a measure of the insurer’s reputation.

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