Personal Finance »Insurance
Insurance
  • 23 Jul 14
    05:06 PM
    Next time a claim arises against Reliance Life Insurance's term policy, it will be paid in 12 days. And if this timeline is breached the policyholder will be paid an interest of 6.50% a year.
  • 14 Jul 14
    12:07 AM
    In February last year, the Insurance Regulatory and Development Authority (Irda) said it was issuing a standard definition for 46 commonly used terms in health insurance, in respect of all policies issued by life and general insurers.
    12:03 AM
    Some general insurance companies offer longer term (two-year) health insurance policies.
  • 13 Jul 14
    12:22 AM
    As you get older, the amount you will have to spend on health care will consume a much larger share of your finances. This could see a dramatic rise in your post-retirement years when there is no access to employer provided health care.
  • 06 Jul 14
    12:46 AM
    Many of us probably have life insurance of Rs 1 crore, thanks to cheap term plans available today. But merely having a huge life cover is not enough to protect your family members from all liabilities and financial responsibilities.
  • 01 Jul 14
    05:46 PM
    Yateesh Srivastava, COO-Aegon Religare Life Insurance says that for younger customers, the definition of long-term is shortening significantly. So, policies that are of smaller tenures, called limited premium paying policies, are gaining traction.
  • 30 Jun 14
    12:12 AM
    I have been suffering from Parkinson's Disease for 18 years. Though I am ready for my existing disease to be covered after three-four years, my request for a health insurance policy has been rejected by virtually every general insurance company.
  • 24 Jun 14
    05:52 AM
    Often, insurance policyholders are misled into replacing their policies with new ones, with promises of lower premia or better returns. Though the process wasn’t difficult so far, this might change soon.
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