Health insurance is a policy which pays for medical treatments and hospitalisation. It is a very useful product for those looking to insure themselves against unforeseen health risks. But health insurance can also be a complicated purchase, due to the exhaustive conditions, different features...
  • IDBI Federal Life Insurance has launched a new insurance savings plan called Young Stars Plus Plan. The policy pays out 125% of maturity sum assured in the form of guaranteed annual payouts (GAPs), along with guaranteed additions (GAs)and bonus as well. The policy works in this manner: 1)...
  • Until now, we had the Corona Kavach health insurance policy targeted specifically for COVID-19 treatment. We also saw the launch of Corona Rakshak, a fixed-benefit policy that paid a lump-sum if the insured was hospitalised for 72 hours due to COVID-19. We had reviewed these policies
  • The Indian insurance regulator on Thursday said life insurers can get the consent of a prospective policyholder through electronic means in the case of pure risk products for sales made by agents.   The Insurance Regulatory and Development Authority of India (IRDAI) said life insurers...
  • If you thought insurance products can be bought only from an insurance company’s website or their service branch, you are wrong. In a bid to increase access to insurance products, insurance companies have tied up with third-party retailers and Internet-based firms. The most common third party...
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