Insurance News: India Network Foundation to cover pre existing conditions for US visitors
Many Indian visitors to the United States are concerned about the burden on their children should they become sick while in the United States Read more
Many Indian visitors to the United States are concerned about the burden on their children should they become sick while in the United States Read more
The concept of insurance plans being sold through banks is called ‘bancassurance’ and there is a lot of interest in this distribution channel from all the stakeholders – customers, banks, insurance companies and the regulator. Read more
If you are a car owner, you know that one of the most important documents you are required to possess apart from your driver’s license is a valid car insurance policy. Whe-ther you’re looking to insure a new car or renew your existing policy, you must know what car insurance comprises and the factors that affect it, to help you understand how you can save money on the premium. Read more
The global reinsurers are thinking to impose a limit on the maximum liability that non-life insurers can claim for a catastrophe as a result of huge claims from natural calamities in Japan, Thailand and Australia last year. GIC Re the indian reinsurer is also planning to put a cap on catastrophe insurance limit. Read more
Individual’s Career Planning assumed greater significance with the growth and speed of knowledge, phenomenal increase in educational and training facilities and widespread increase in job opportunities. Similarly, organizational career planning also gained importance with the change in technology, human needs, values and aspirations, increase in organizational size, complexity and number of openings at different levels. Read more
The Claimant is also entitled to seek additional compensation on fault basis and this compensation is available without any limits on the basis of the earning capacity and age of the victim or dependants. Read more
Now the Non-life insurance sector have almost completed about seven years since privatization of insurance. The non-life insurance market is passing through a serious crisis due to stiff competition. Read more
It appears, celebration time is here for non-life insurers. One can see mega discount sale being organized by various insurers! Surely, the idea of “garage sale” cannot work for insurance products. It can however be clearly seen that “premium discount” is the much talked about issue in the non-life insurance market. After the opening up of the insurance sector for private participation, the focal point of debate in various circles was detariffing. Read more
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