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Types of Travel Insurance Coverage in India

Whether you’re a solo globe trotter, an enthusiastic part of a family vacation, or a busy business traveler, travel abroad is exhilarating. But it can expose you to a series of unprecedented challenges and unforeseen situations.....

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7 Types of Insurance You Need to Protect Your Business

From the day an entrepreneur starts a business, he exposes himself to certain risks. Even before the first employee is hired, a business is at risk, making it important to have the right insurance in place.....

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Product Liability Insurance to Protect against Risks Related to Products

Risks go hand-in-hand with businesses. Some risks are common to all businesses, but there are those risks that are specific to manufacturing of products. Manufacturers who make and sell products are vulnerable to the possibility....

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Different Types Of Travel Insurance In India

A good, reliable travel or holiday insurance policy will ensure that you have all your bases covered, so that there is no loophole which can deplete your budget later on.....

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How to choose the best critical illness insurance plan?

Do you need extra insurance for life-threatening ailments when you have acomprehensive health plan and, maybe, a group cover from your employer? In such a case, why buy another insurance policy and clutter the portfolio?....

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6 Motor Insurance terms you must know before you claim

So many terms and conditions to peruse, so many policy papers to pry apart! If only there was some sort of insurance dictionary you could refer to every time you came across a word or term you didn’t know......

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Factors to consider while selecting a child plan

Various child insurance plans are available today with varied features. It is important to scrutinise and draw comparisons between the different features of different policies, and choose a policy......

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Loan against a Life Insurance Policy – Important Things to Know

The main function of a life insurance policy was originally, to provide protective cover. However, life insurance is a far more versatile investment option nowadays, also giving policyholders the benefit of availing a loan against the policy.......

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How to File a Fire Insurance Claim

A fire entails not just tremendous physical and financial damage, but also a fair amount of emotional and mental trauma. Nobody expects a fire, so it's important to be prepared for how to deal with one, if it ever does occur.......

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IRDAI proposes norms for selling insurance through e-commerce

Regulator IRDAI today proposed norms for selling and servicing of insurance policies through e-commerce platform with a view to increase insurance penetration.........

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New premium of life insurers up 51% in April at Rs 7,972 crore

The new premium collection of life insurers rose by over 51 per cent to Rs 7,972.54 crore in April this year. The figure in April last year stood at Rs 5,268.30 crore.........

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Five Insurance Mistakes to Avoid...

Avoid these Common Mistakes and You’re on Your Way to Getting the Best Insurance for Your Needs and Budget Saving money feels good. And shopping around when you’re looking for insurance coverage is a great way to do it........

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The Importance of Insurance in Business

Many business owners feel business insurance is an expense they cannot afford, or is a luxury for more established businesses. Although it is true business insurance can be expensive, it is an expense every business, regardless of the industry.......

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Importance of Fire Insurance for all Fields

Fire insurance is essential for business because, it helps to protect from the damages which is occurred by the fire. For industrial development of a country, Fire insurance plays vital role by giving the certainty of paying financially .......

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70 is the new 60 for Life Insurance

If you know anything about life insurance coverage, this should surprise you. Ideally, a 60-something, nearing retirement has no reason to buy or extend his life coverage by 15 years.......

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Importance Of Fire Insurance

Fire insurance provides the security for home, share, home furniture, enterprise buildings, etc,. Fireplace insurance provides the price of alternative of properties and assets, which gets broken due to the fireplace incident..........

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Why is term insurance your best bet?

A life insurance policy that does not provide sufficient financial aid to the dependents at the time of need just defeats the purpose of buying the policy altogether.The purpose of any insurance plan whether life or non-life..........

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Life sector reports robust 22% growth in first-year premiums for FY2015-16

Life insurers in India reported growth of 22.6% in total first-year premium collection to INR1,387 billion (US$21 billion) for the year ended March 2016 as compared to the previous financial year, according to IRDAI data...........

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IRDAI breather for PSU insurers facing huge pension provisions

In a relief to PSU insurance companies facing huge pension liability of their employees, the regulator IRDAI has allowed them to amortise the provisions over a period of five years starting from 2015-16...........

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LIC clocks Rs 11k-cr profit through equity investments in FY16

Life insurance giant LIC has made a profit of Rs 11,000 crore through its equity investments in the recently concluded 2015-16, a senior official said today. We saw some profit booking opportunities during the fiscal and have made ..........

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5 Rules on How Much Insurance You Need

If you are an earning member of your family, and there are members of your family who are financially dependant on you, you need life insurance. But how much life insurance do you need? There are many factors that are relevant in determining the amount of life cover you should buy..........

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India: Mumbai & Delhi receive most diabetes-related claims

With diabetes affecting over 100 million or nearly 8% of the Indian population, Mumbai and the Delhi National Capital Region (NCR) lead in the number of diabetes-related health insurance claims in the country, according to a survey.........

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Should you go for high health insurance?

Most individuals fear that their health cover of Rs 5 lakh or Rs 10 lakh won't be enough to take care of a medical emergency. They believe advances in medical science, along with the rising cost of treatment, medications and procedures........

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India: Low priority given to buying health insurance

People across all age groups in India shun buying health insurance because they perceive premiums as high or they believe that insurance companies would not pay claims, revealed a recent health survey by Future Generali India Insurance........

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5 Reasons Why Home Insurance is the Best Investment

Your home is an integral asset. Are you doing enough to protect it? An accidental fire, an unforeseen natural disaster or a burglary can severely affect this valuable asset. Here are 5 things that your home insurance will do to put your mind at ease.......

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India: "Pay As You Drive" insurance yet to catch on

The implementation of "Pay As You Drive" insurance is still at the pilot stage in India even though the country's IT giants like Infosys, Tech Mahindra and Harman India are providing an IT backbone for global insurers in delivering telematics solutions.....

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8 Reason to Buy Health Insurance

5 Reasons Why Term Insurance Plans are a Must Have

With life insurance being an integral part of an individual’s financial planning exercise, a lot of focus has been given to life insurance products such as term insurance plans. This article will decode this insurance plan that’s garnering a lot of attention....

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8 Reason to Buy Health Insurance

8 reasons to buy health insurance before you turn 30

Health Insurance is necessary for every individual, keeping in mind the rising medical costs and spurt of lifestyle diseases amongst Indians. A medical emergency can attack anyone, anytime and impact an individual emotionally and financially.....

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India: Private jets damaged in floods insured for US$73 mln

Eight corporate jets which were submerged under flood water at Chennai airport last December are being written off as the damage is beyond repairs. The aircraft have a combined insured value of around INR5 billion (US$72.7 million)....

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Car Insurance Claims: How To Crack Those Rejections And Denials!

Dreading the claim process? Heard of harrowing experiences from friends about how they had to toil for claims? Here is your chance to flaunt a different story altogether - a check list to ensure a rejuvenated and uncomplicated claim process!

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5 reasons why you must take travel insurance

Experts say Indian tourists usually do not opt for insurance while traveling overseas but theft or health emergencies could throw a spanner in the works............

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Insurance industry seeks hike in tax exemption limit

Government should raise tax exemption limit for health insurance and introduce fiscal measures to help increase its penetration, say industry officials............

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Irda may cut cost of more insurance products

After bringing most life insurance products under cost control, the insurance regulator will now shift focus to traditional investment-cum-savings products, or profit products of life insurance companies...........

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Insurance industry seeks hike in tax exemption limit

Government should raise tax exemption limit for health insurance and introduce fiscal measures to help increase its penetration, say industry officials..........

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Irda may cut cost of more insurance products

After bringing most life insurance products under cost control, the insurance regulator will now shift focus to traditional investment-cum-savings products.........

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10 reasons you need to buy life insurance

Buying life insurance is one of the most important financial decisions, but believe it or not, only 10 per cent of Indians are insured.........

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Fire Insurance Demystified

It gives your finances breathing space and puts you in a position to regain lost ground. Insurance as a principle is not new to mankind.......

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Insurance firms launch consumer awareness drive

Insurance companies are now taking a slew of steps to promote the concept of insurance among the public. These include awareness campaigns, social media promotions.......

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IRDAI extends deadline for micro insurance products till March 31

The Insurance Regulatory and Development Authority of India (Irdai) today said the existing micro insurance products will continue to be on offer till March 31, 2016.......

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LIC profit jumps 10.4% in FY15, pays Rs 1,804.4 cr to govt

A whopping 25 per cent rally in the equity markets boosted the net profit, or valuation surplus in the official language......

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Buying life insurance is one of the most important financial decisions

Life insurance is not a simple product. Even term life policies have many elements that must be considered carefully .....

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Dangerous Life Insurance Myths

Life insurance is like what it is for the foot ball player in the wrestling filed, in world of financial planning. As one of most people’s least favorite financial topics........

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Maharashtra, TN lead general insurance premium collection

Maharashtra and Tamil Nadu have retained their top two positions in terms of general insurance premium collection and penetration.....

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General Insurance: Digital intervention is the key towards improving penetration

The biggest breakthrough for the insurance industry in this year was the initiative launched by Prime Minister Narendra Modi........

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Floods maroon Chennai, but few opt for calamity insurance

Queries and web traffic rises on insurance websites when any major catastrophe strikes, but very fewend up buying insurance products, resulting in a conversion ratio of just 10-15%.

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Take joint life policy for higher cover, lower costs

A joint life policy covers two lives under the same contract. It can be in form of an endowment plan, term plan or an annuity plan, and can be taken by husband-wife.....

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General insurers stare at over Rs 600 crore claims from TN floods

As Tamil Nadu and its capital city Chennai grapple with the worst floods in a century, general insurers are gearing up to settle claims which are pegged at over Rs 600 crore so far.

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Awareness of travel insurance high, usage low

Despite high awareness levels regarding travel insurance amongst younger travellers, most shy away from buying the cover during their trips abroad, a survey conducted by private general insurance major ICICI Lombard has found.

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Paytm partners insurance cos for cashless premium payments

Paytm today said it has partnered major insurance companies to offer online premium payments and is targetting premium payments of Rs 1,000 crore by the end of the fiscal.

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Common Life Insurance Myths

Life insurance is not an easy product. Term life insurance policies too have many elements that must be reasoned carefully in order to arrive at the proper type and amount of insurance coverage. But the technical features of life insurance are far less difficult......

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Health Insurance For Parents With Pre-Existing diseases

These days people are worried about getting a health insurance plan for pre-existing conditions. They are under the impression that if they are suffering from a pre-existing condition like diabetes or heart disease, then the insurance company will not cover them.

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Car Insurance Claims: How To Crack Those Rejections And Denials!

Dreading the claim process? Heard of harrowing experiences from friends about how they had to toil for claims? Here is your chance to flaunt a different story altogether - a check list to ensure a rejuvenated and uncomplicated claim process!

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