Insurance
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National Insurance Awareness Day: Essential things to check before buying a policy
June 28, 2021 12:19 ISTNational Insurance Awareness Day: Insurance in the wake of COVID-19 times has become a vital part of everyone’s life and people have started buying health, term insurance more.
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Policybazaar gets insurance broking licence from IRDAI
Business | June 11, 2021 14:55 ISTLeading web aggregator Policybazaar on Friday said it has got approval from regulator IRDAI to undertake insurance broking, a development that will help the company augment business and expand bouquet of services.
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Delhi Police arrests fraud insurance agent
News | December 15, 2020 18:30 ISTEconomic Offences Wing of Delhi Police arrested an insurance agent and a sales manager, involved in the misappropriation of funds, in lieu of good return and benefits.
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New Motor Vehicle Rules: What all changes from Oct 1 in terms of carrying DL, RC, Insurance
Fyi | September 30, 2020 17:29 ISTIn order to add to vehicle owners convenience and avoid harassment of commuters by traffic officials, the Union Ministry of Road Transport & Highways (MoRTH) has notified various amendments in Central Motor Vehicle Rules 1989 that will be effective from October 1, 2020. Take a look at what all changes from Thursday i.e October 1 in terms of carrying License, RC and Insurance.
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ICICI Bank gets exemption from paring stake in insurance subsidiaries for 3 years
Business | September 15, 2020 8:45 ISTICICI Bank on Monday said it has got an exemption from paring stake in its life and non-life subsidiaries to 30 per cent for a period of three years.
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Insurance Regulatory Authority issues new guidelines for insurers: All you need to know
Business | September 12, 2020 17:58 ISTIn some relief, Insurance Regulatory & Development Authority of India (IRDAI) has granted exemption to insurers from requirement of issuing policy document and copy of the proposal in physical form in respect to certain policies including all motor, and fire insurance policies, till March 31, 2021.
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Pollution control certificate compulsory for renewing motor insurance
Auto | August 21, 2020 13:53 ISTThe Insurance Regulatory and Development Authority (IRDAI) on Friday and issued a new circular asking insurance provider to obtain a valid pollution control (PUC) certificate for the vehicle while renewing the vehicle's insurance.
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Now gift an accident insurance policy, courtesy SBI General Insurance
August 19, 2020 8:31 ISTIn a unique initiative, SBI General Insurance launched the first-of-its-kind 'Shagun' policy, which enables gifting of personal accident cover.
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Air India Express to get $50 mn insurance claim
Business | August 11, 2020 16:09 ISTThe Air India Express plane that crashed at Kozhikode airport on Friday evening was owned by the airline and was not a leased one, said an airline official.
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Frequent earthquakes prompting people to look for home insurance: Survey
Business | August 10, 2020 11:55 ISTAccording to the online survey, five out of ten respondents in Delhi said that earthquakes have made them anxious to think about buying home insurance.
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Amazon joins hands with Acko to offer auto insurance in India
Business | July 23, 2020 15:27 ISTAmazon Pay on Thursday said it has tied up with Acko General Insurance Ltd to offer two- and four-wheeler insurance policies in India.
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Haryana govt announces ₹10 lakh insurance for journalists on COVID-19 duty
India | April 23, 2020 16:19 ISTHaryana Chief Minister Manohar Lal Khattar on Thursday announced that his government will provide insurance of Rs.10 lakh to all the journalists who are reporting during coronavirus pandemic. Khattar’s announcement comes at a time when scores of media professionals have tested positive for coronavirus while performing their duties during the COVID-19 lockdown.
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IRDAI asks health insurers to settle claims within 2 hrs as COVID-19 scare spreads
Business | April 19, 2020 20:52 ISTInsurance regulator IRDAI has directed insurers to take decision on health insurance claims within two hours, a move aimed at alleviating pressure on the country's healthcare infrastructure currently facing the heat of the coronavirus outbreak.
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Rs 50 lakh medical insurance cover for coronavirus warriors, announces Sitharaman
Business | March 26, 2020 14:56 ISTFinance Minister Nirmala Sitharaman on Thursday announced medical insurance cover of Rs 50 lakh per person for coronavirus warriors, who are treating COVID-19 patients and helping the country to fight against the deadly novel coronavirus.
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5 ways to save taxes without insurance purchase or fresh investments
Brand Content | March 23, 2020 22:13 ISTHere are 5 ways you can save on your tax without having to purchase insurance plans or invest in new tax-saving instruments.
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Former LIC officer, agents sent to jail for duping company with fraudulent death claims
Crime | February 18, 2020 23:42 ISTA former Life Insurance Company (LIC) officer and two agents have been sent to jail following a complaint by Central Bureau of Investigation (CBI)
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Budget 2020: BIG relief for bank depositors! Insurance cover hiked from ₹ 1 lakh to ₹ 5 lakh
Business | February 01, 2020 13:14 ISTBank deposit insurance cover hiked: Finance Minister Nirmala Sitharaman on February 1, 2020, announced a hike in insurance cover for bank depositors and said depositors' money is absolutely safe. Deposit Insurance and Credit Guarantee Corporation has been permitted to increase deposit insurance coverage to Rs 5 lakh per depositor from Rs 1 lakh.
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HDFC ERGO Health to merge with HDFC ERGO through share swap
Business | January 16, 2020 17:22 ISTHDFC ERGO Health erstwhile Apollo Munich Health Insurance will merge with HDFC ERGO through a share swap deal. The board of director of HDFC ERGO and HDFC ERGO Health at its meeting on January 15, approved a scheme of arrangement and amalgamation between the two entities, HDFC Ltd said in a regulatory filing.
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Non-life insurers register 13 pc rise in Nov premium to Rs 14,591cr
India | December 18, 2019 21:00 ISTNon-life insurance companies registered a rise of 13.1 per cent in their collective premium in November to Rs 14,590.50 crore, data from Irdai showed
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Man fakes his murder for loan waiver, insurance money in Amritsar
Crime | December 07, 2019 20:14 ISTA man whose family operated a wholesale business of soft drinks in Amritsar allegedly faked his own murder after eliminating someone else for loan waiver and insurance money, police said on Saturday. The Tarn Taran police said Anoop Singh did this to have financial gains over Rs 1 crore.
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