News
Punjab AAP’s ₹10 Lakh Health Insurance Scheme Is Misleading, Unrealistic And Financially Unsustainable:
1+ day, 6+ hour ago (242+ words) Kalia said that the state government claims that under this scheme, to cover 65 lakh families for a population of 3 crore, a premium of Rs1 lakh will be paid by the Punjab AAP government to the insurance company (United India Insurance Company),…...
Regulator Irdai Flags Rising Mis-Selling Complaints, Urges Root Cause Analysis By Insurers
1+ day, 16+ hour ago (520+ words) Regulator Irdai Flags Rising Mis-Selling Complaints, Urges Root Cause Analysis By Insurers'Free Press Journal Regulator Irdai Flags Rising Mis-Selling Complaints, Urges Root Cause Analysis By Insurers Irdai's 2024-25 annual report highlights a rise in unfair business practice grievances to 26,667 (22.14% of total…...
What Makes A Health Insurance Plan The Best In India? Key Features You Should Look For
2+ week, 8+ hour ago (807+ words) Health insurance has become essential to financial planning for individuals and families in India. With the rising cost of healthcare and the increasing risk of medical emergencies, choosing the right health insurance plan is crucial. The best health insurance plan…...
Insurance Seen More As Safety Net Than Investment, Finds CGSI Study
2+ week, 3+ day ago (369+ words) Mumbai, Dec 20: A recent consumer awareness study on insurance products has revealed that a large section of the public views insurance primarily as a risk-protection tool rather than a long-term financial planning instrument. The study was conducted by the Consumer…...
No Investment Matters Until Life, Health, & Income Are Properly Secured: Sumit Rai
2+ week, 3+ day ago (997+ words) Sumit Rai, MD & CEO of Edelweiss Life Insurance, in the Simple Hai! podcast, emphasizes prioritizing term and health insurance over investments like SIPs and stocks for financial survival. Buying early reduces premiums and enhances coverage, preventing medical emergencies from wiping…...
'You're Going o Get Most Favored Nation Pricing': President Donald Trump's Plan To Cut US Drug Prices To Global Lows
2+ week, 3+ day ago (384+ words) Washington: US President Donald Trump announced what he described as the most far-reaching effort in decades to lower prescription drug prices, saying American patients would soon pay no more than the lowest prices charged anywhere in the world. US President…...
Leadership Success Story Of Pratyosh Desaraju’s Usage Based Insurance Initiative
2+ week, 4+ day ago (75+ words) Amid an industry long defined by aging legacy a fresh pay-per-mile insurance model has been drawing significant attention. Led by Pratyosh Desaraju, this revolutionary pay-per-mile auto insurance platform has redefined how drivers interact with their insurance coverage, resulting in impressive…...
India’s Life-Insurance Sector Makes Strong Rebound, New-Business Premiums Surge 23% To ₹31,119.6 Crore
3+ week, 4+ day ago (533+ words) India's life-insurance sector made a strong rebound in November, with new-business premiums increasing by 23 per cent year-on-year to Rs 31,119.6 crore. A favourable base effect and a smoother adjustment following the GST waiver for individual life policies further supported this upswing....
Mumbai Consumer Commission Orders Niva Bupa To Pay ₹66.5 Lakh After Wrongful Denial Of Overseas Cancer Claim
1+ mon, 6+ day ago (165+ words) Mumbai: The District Consumer Disputes Redressal Commission, Mumbai Suburban, has delivered a strong judgment against Niva Bupa Health Insurance Company Ltd, ordering the insurer to reimburse a policyholder Rs66.50 lakh for expenses incurred during overseas cancer treatment. The commission found the…...
Mumbai Consumer Court Orders Niva Bupa To Pay ₹66.5 Lakh For Overseas Cancer Treatment After Wrongful Claim Rejection
1+ mon, 1+ week ago (396+ words) Juhu Resident's Claim Rejected Despite Worldwide Coverage Plan\ The case was filed by a Juhu resident, Alok Rajendra Bector, who had purchased the "Heartbeat " Family First Platinum Policy" with worldwide coverage. The policyholder was undergoing treatment for colorectal cancer at…...