Insurance discount proposed for college, school buses
The ministry of road transport and highways (MoRTH) proposed a 15% discount on motor insurance premiums for buses in the Read more
Insurance premiums
Air India to get $10-billion cover from Tata AIG, others
Tata AIG General Insurance and others have received the contract to provide $10bn cover to Air India and its low-cost Read more
Insurance Premiums on 2-wheeler EVs may rise
Insurance premiums on two-wheeler electric vehicles (EVs) may rise as insurers reassess risk based on recent fires and malfunctions. While Read more
SBI research report bats for nil GST on insurance premiums
Taxing insurance premiums at 18 per cent at a time when insurance penetration in the country is merely 4.2 per Read more
Insurance premiums set for major hike from January
The new year is set to bring an increase of 40 to 60 percent to private pension programs and healthcare insurance policies for those who wish to sign new contracts. Pension programs’ soaring costs are rendering access to private social security even more difficult, at a time when public social security provisions are decreasing and people are seeking solutions that will secure them a decent pension in the future. Read more
The need to cover the death risk should be predominant of all the needs
Life Insurance Products cover the risk of financial losses due to premature death. They also cover the risk of living too long by making payment in lump sum or in installments at old age. But generally, the risk coverage in life insurance means ‘covering the risk of financial losses due to the death of the life insured’. Read more
LOSS MINIMISATION OF MOTOR CLAIMS
A relationship of trust and mutual respect for each other rights would definitely result in loss minimization of motor claims.
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Bright Color Cars, Senior Citizens, Astrology & Insurance
2009 was a memorable year for the entire Insurance industry, not due to the new and stable central government or its policies, but due to two strange news items concerning insurance appeared in the press a while ago. The first news item is ‘Motor premium to depend on the color of car – brighter the color, lower the premium’. And the second one was ‘Senior citizens can now go for health cover’.
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