What Is Solvency Ratio in Life Insurance?
Solvency Ratio is a key metric used to determine the ability of a life insurance company to meet its debt and Read more
policyholder
Health Secure Plan from Aviva Life Insurance Company
OverviewDue to the current lifestyle and stress levels, incidents of critical illnesses, especially at younger ages have gone up. One Read more
Pre Budget Note: An Opportunity to Transform Life Insurance Industry
Budget 2016 -17 can transform the life insurance industry in the country. Life insurance Companies have played a major role Read more
A Buyer’s Guide to Family Health Insurance Plans in India
Family floater plans cover all the members in a family, unlike individual plans that cover only the policyholder. The basic Read more
IRDAI introduces a new health saving plan
A committee constituted by the IRDAI in its draft plan, has suggested a health savings product to extend the Read more
Cashless mediclaim fetches more cash than reimbursement plans
The recent observations has brought that the average cashless claim disbursal is nearly double that of reimbursement claim payouts Read more
IRDAI directs health cover discounts for claimants
The regulator IRDAI in an attempt to provide the best and cost effective services for the claimants has directed the Read more
IRDAI moots radical changes in health insurance
The regulator is planning massive changes in health insurance, which include more incentive for healthy policy holders and a Read more
How to transfer one’s life insurance policy to someone else
A person can transfer his rights, title and interest in a life insurance policy to another by assigning it to him. This is usually done in order to provide security for a loan or secure the financial interest of the other person. After the insurance policy is assigned, the assignee is set to receive the benefits from it. Read more
Financial literacy and consumer education on insurance in India
The IRDA along with other stakeholders of the industry, has a responsibility of improving financial literacy in the country as well as to impart consumer education in insurance. Towards this end, IRDA has been working on and has implemented various initiatives.
Read more