Insurance

Bajaj Allianz Life has launched a new life insurance-cum-savings policy called Bajaj Life Flexi Income Goals. The policy is an endowment plan which means it rewards a maturity benefit if the policyholder survives the policy term. In case the insured dies during the policy term, the life...
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Last week, we published an article discussing health insurance policies that offer a very high sum insured (SI) cover at a reasonable rate. We find that other insurers are also bringing this concept of ‘high cover at affordable rate’ in their new product offerings.   Bajaj Allianz...
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Amid the raging debate over the death of Bollywood actor Sushant Singh Rajput, who is alleged to have been depressed before his apparently died by suicide on June 14, Supreme Court on Tuesday issued notice to the Centre and Insurance Regulatory and Development Authority (IRDA) on a PIL...
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There is always a debate on the right amount of cover that you need from a health insurance policy. The cover amount and premium move in a proportionate manner. So a Rs10-lakh cover will cost twice as much as a Rs5-lakh one. Hence, people settle on buying policies with a smaller premium and...
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The Insurance Regulatory and Development Authority of India (IRDAI) announced it is withdrawing the long-term motor insurance package policy from 1 August 2020 onwards.   In a circular, the IRDAI has said after considering various issues, it has decided to withdraw the long-term motor...
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