- 23 Jul 1405:06 PMNext 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.
- 21 Jul 1412:26 AMHere is the case of an insurance company which attempts devious tactics to avoid being held liable when an illegal repudiation is challenged in a consumer complaint.12:25 AMSome investment products are available online.
- 14 Jul 1412:07 AMIn 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 AMSome general insurance companies offer longer term (two-year) health insurance policies.
- 13 Jul 1412:22 AMAs 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 1412:46 AMMany 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 1405:46 PMYateesh 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 1412:12 AMI 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 1405:52 AMOften, 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.
- 23 Jun 1402:50 AMThe demand for a higher health insurance cover is increasing.