Do not mix insurance and investment, even though ULIPs have become a bit cheaper

By putting a cap on what insurance companies can charge on unit linked insurance plans (ULIPs – really a mutual fund product), the Insurance Regulatory and Development Authority (IRDA) has made a good beginning. However, the IRDA circular is rather confusing. The circular talks about ‘gross yield’ and ‘net...

You can buy a variety of insurance products online. But what are the pros and cons? Shalini Amarnani explains

The Internet has brought the marketplace into our homes. You can buy books, clothes, appliances, homes, services and even financial products online. Insurance products (other than life insurance) like car insurance, travel insurance, home insurance and accident insurance are being...

Insurance companies offer unusual cover for businesses and individuals. Pallabika Ganguly explores

You have insurance for life, car and house. If you are a businessman, you take cover for things like marine cargo or fire that protects your goods. But did you know that you can buy some unique insurance covers for pets, wedding cancellation/postponement, sports, films and events? Most of these...