Page 10 - Insurance

Protection stocks offer opportunity; opt for insurance and gold finance cos

Quality stocks in banking and financial services sector are still available at attractive valuations

No cash benefits for ESIC subscribers without bank account details

The corporation will further encourage employers to update mobile numbers and bank account details of existing subscribers via an online portal

Promise of guaranteed return plans are appealing, but compare their IRR

A combination of term plan, MFs may be volatile but is likely to get higher returns

Insurer must prove fraudulent claim

The policy would also pay double the amount, in case of death of the policyholder

Major shift to digital space demands data security, cyber insurance

The biggest nightmare for an individual in this digital age is to see an unauthorised debit in his bank account and realise he has been a victim of an online fraud

UK's Standard Life divests 2% stake in HDFC Life for Rs 1,985 crore

Prior to this, Standard Life had sold 4.95 per cent stake in HDFC Life for Rs 5,750 crore in October 2019, and had offloaded 3.3 per cent stake in the insurance firm in August last year

Banks, financial cos must be allowed to avail credit insurance: Irdai group

Trade credit insurance covers a seller against the risk of non-payment by its customers arising due to willful default or insolvency

Year of survival for insurance industry; don't expect growth: Bajaj Allianz

Recognising that customers have their own concerns, he said the company is equally taking care of its own employees during this lockdown

Opt for monthly payment of term premiums as insurers get set to hike rates

Some insurers have already started increasing premiums, and others are expected to do so in the next six months

ICICI Lombard Q4 results: There's no insurance cover against slowdown

Premium income (excluding crop biz) lagged industry growth in Q4

Insurance brokers call for securing coverage of properties in lockdown

Insured property should not remain unoccupied for a period exceeding 15 days or 30 days, policy coverage rule say

Street cheers for ICICI Pru Life as protection products drive Q4 margin

The results, which were announced on Saturday, saw protection business grow 35 per cent year-on-year growth in Q4

GI Council warns against experts deceiving policyholders on Covid-19 claims

Normally, business interruption losses are covered under property damage policy

Covid-19: Irdai directs health insurers to settle claims within two hours

All the insurers shall decide health insurance claims expeditiously, it said in a circular

Lockdown 2.0: Govt extends renewal of health, motor policies till May 15

If the renewal of motor third party and health policy falls due between March 25 and May 3, the lockdown period, then policyholders can make the renewal payment on or before May 15

Senior citizens may see spike in premiums in wake of Covid-19 crisis

Since they are more vulnerable, medical insurers may become more wary

Covid-19 impact: Non-life insurers' premium collection falls 10.7% in March

In absolute terms, premium collected by general insurers was close to Rs 1.89 trillion in FY20, against Rs 1.69 trillion in FY19

Here's what expert says about cyber insurance and why you need it

Cyber cover for individuals is indeed the need of the hour, especially in these times when most people are working from home

BS insurance roundtable: 'Government doesn't determine LIC's investments'

Tax incentive was actually a motivation for individuals to be careful and more risk aware, as well as to protect their families

Provide Covid-19 cover in policies: Irdai tells health insurance companies

The costs of medical expenses will be settled in line with the terms and conditions of the policy contract