What is insurance? Insurance is a way to manage your risk. When you buy insurance, you purchase protection against unexpected financial losses. The insurance company pays you or someone you choose if something bad happens to you. If you have no insurance and an accident happens, you may be responsible for all related costs. … Read more
How to choose the right car insurance policy in India Insurance companies in India offer a plethora of car insurance plans that cater to the specific needs of the buyers, but choosing the right policy can be challenging. In India, insurance companies offer different plans with different features, and these plans come at various price … Read more
General insurers see premiums revival in June General insurers see premiums revival in June Among key players, SBI General Insurance reported strong growth across most segments while ICICI Lombard revived partially, led by motor and health. General insurers reported 8% year-on-year (y-o-y) growth in premiums (excluding crop) in June 2020 led by 47% y-o-y growth … Read more
Aditya Birla Sun Life Claim Settlement Ratio Trend – Individual Death Claims by Amount of Claims Aditya Birla Sun Life Claim Settlement Ratio for Individual Death Claims by Sum Assured Given below is a table of Aditya Birla Sun Life’s Death Claim Settlement Ratio for Individual Policies – it does not include group policies. … Read more
ICICI Lombard, Bajaj Allianz, HDFC Ergo, Max Bupa launch ‘Corona Kavach’ offering cover for Covid-19 For example, premiums for individuals in the age of between 36 and 45 years is Rs 1,495 for Rs 50,000 sum insured and 2,770 for sum insured of Rs 5 lakh for the period of nine and half months. General … Read more