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When a policyholder purchases an insurance policy, he receives an NCB certificate, and it is now up to him whether or not he files any claims within the policy year.

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https://www.moneycontrol.com/news_image_files/2021/200x200/R/Rahul_Bhuskute12801_200.jpg This is the first mid-cap fund launched by the organization with an aim to provide long-term capital...

Buy add-ons or riders like room rent waiver and maternity cover to increase your existing health cover.

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If you are planning to start a family and depending upon your corporate health insurance policy then you need to check whether it offers adequate coverage to meet all eventualities as in many cases...

The need for health insurance for pre-existing conditions or chronic diseases in today’s healthcare landscape couldn’t be stressed more. Chronic diseases often demand long-term management and ongoing...

These pensioners can conveniently submit their life certificate online by downloading the LIC Jeevan Saakshya mobile app instead of going to a LIC branch to do so.

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Only policies that have been in existence for at least three years and are still in effect at the end of the month in which the surrender application is submitted are eligible for surrender.
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The decision to move to the RBC norms from the current solvency principle regime has been taken after recommendations of a panel which gave its report in July this year, Irdai said.

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LIC recorded a jump of 25 per cent in its new premium collection at Rs 13,382.30 crore during the month as against Rs 10,713.55 crore in the same period year ago.

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Gen Re has already been committed to the country's market for the past 15 years through various channels and the focus has been primarily on the life and health sector.

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In a circular addressed to all insurers, the regulator said that ensuring that Information and Computer Technology (ICT) infrastructure of insurers are fully secured is of paramount importance.
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As part of its ongoing effort to improve insurance penetration, the Insurance Regulatory and Development Authority of India (Irdai) has also permitted e-KYC facility offered by UIDAI.

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Companies such as ICICI Lombard, HDFC Ergo, Bajaj Allianz were the major sellers of these policies, according to the report.

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Now, the Insurance Regulatory and Development Authority of India (IRDAI) has suggested changing the existing format of the customer information sheet. The new format of customer information sheet...

“While encouraging innovation, the regulator must run alongside it, keeping in view the interests of policyholders,” Irda said.

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Besides integrating verticals, banking channels will also be integrated so that customers can buy the insurance digitally from anywhere.

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Currently, there are 24 companies each in life and non-life insurance spaces. Besides, there are six standalone health insurers and eight reinsurance companies in the country.

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Nilesh Parmar, COO, Edelweiss Tokio Life Insurance is bound and determined to reap big dividends with a well-thought-out digital strategy centered around products, platforms and customer experience. ...

As climate change continues to disrupt weather patterns and intensify monsoon rains, it is essential to be prepared for the potential consequences. The destructive power of heavy rains, floods, and...

Add-on covers are usually additional benefits that you can add to your comprehensive car insurance policy by paying an extra amount. To protect different parts of your car, there are specific add-on...