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insurance_updates

Insurance Updates Information

Below are the blogs related to bike insurance.

Building a Robust Healthcare System

December 30 2016

Insurers need to strike a balance with package rates and remove blatant frauds in order to serve customers efficiently.

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How Budget 2017 Can Help People Utilise Their Insurance Completely?

December 23 2016

Experts from the general insurance sector recommend greater tax deductions in health insurance in the 2017 budget to make it more accessible to common man.

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Deferral Period for Renewal Premiums Extended by IRDAI

December 02 2016

Due to demonetisation, IRDAI has pushed the grace period of annual premium payments from 31st December to 30th January 2017.

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Renew Your Expired Motor Insurance Policy with Ease

November 23 2016

ICICI Lombard introduces Mobile Self Inspection in Insure App for easy renewal of expired motor insurance policy, eliminating the need for physical inspection.

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New India Assurance to Launch Rs. 1 Crore Health Insurance Policy

December 02 2016

Individuals with high net worth will soon be able to avail health insurance scheme with sum insured as Rs. 1 crore, courtesy New India Assurance.

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Kanpur Train Accident to Test IRCTC Accident Cover

November 23 2016

Since the Kanpur train accident is the first major accident after IRCTC began insuring passengers, insurance companies are reaching out to the victims to settle claims.

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Insurers Seek to Charge 2-3 Times Premium on Cash Carrying Companies

November 21 2016

Cash carrying companies are seeking higher coverage post demonetisation. As a result, insurers are charging 2-3 times the premium for security.

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General Insurers Witness a Rise of 32% in Premium Collections

November 18 2016

With an impressive growth in motor insurance, premium collections for general insurance companies see a rise of 32%.

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Defunct Currency Notes Can't Be Used for Insurance Premium Payment

November 30 2016

IRDAI has extended the grace period by up to 30 days. At the same time, it hasn't allowed the usage of defunct currency notes for insurance premium payment.

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IRDAI Plans Data Security Standards for Insurers

November 25 2016

A detailed cyber security framework will help to curb spam calls and data breaches in the future.

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