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Insurance penetration in the country was 3.4 per cent in 2015 against the world average of 6.2 per cent.

Two-wheeler Insurance: Know the nuts and bolts

In India it is mandatory to buy third-party two-wheeler insurance for all bike and scooter owners.

18 Oct 2019 11:39 AM IST

Finance Minister Nirmala Sitharaman

Govt mulls raising insurance cover on bank deposits to above Rs 1...

At present, bank depositors get an insurance cover of Rs 1 lakh on their amount by the Deposit Insurance and credit...

15 Nov 2019 7:19 PM IST

A variety of factors that include a changing lifestyle, unhealthy food habits and increasing stress levels are contributing to an unprecedented increase in critical illnesses.

Critical Illness Insurance: For the needs you cannot anticipate

A critical illness is something that not only attacks your health but also your wealth.

21 Dec 2019 1:58 PM IST

Finance Minister Nirmala Sitharaman

Government open to further reforms: FM Nirmala Sitharaman

Govt is committed for further reforms in sectors such as banking, mining, insurance among others said FM Sitharaman.

3 Dec 2019 12:35 PM IST

Vendors and small traders at major city markets complained that their business was hit even on weekends as they ran out of changes. (Photo: PTI)

Govt plans insurance scheme for GST-registered small traders

Small traders could get accidental insurance cover of up to Rs 10 lakh based on turnover.

11 Jan 2019 3:05 PM IST

Following the November 8-9 demonetisation, the government over the weekend asked public sector insurers to provide discounts of up to 10 per cent on the premium amount for general insurance policies and 8 per cent in new life policies of Life Insurance Corporation sold online.

Things to keep in mind to ensure motor insurance claims are not...

Believe it or not, car insurance companies do not like to reject motor insurance claims without a reason.

3 Jan 2019 10:49 AM IST

The survey was conducted on 4,566 people across 15 metropolitan and tier one cities in India. (Photo: File)

Only 21 per cent of life insurance holders have term insurance: survey

As per India Protection Quotient (IPQ) survey conducted by Max Life and Kantar IMRB, urban India stands at the PQ of 35...

20 Feb 2019 4:37 PM IST

IDBI shares fell as much as 3.5 per cent to 73.6 rupees.

Timeline for LIC to reduce stake in IDBI Bank depends on business...

The insurance giant has been given the approval to acquire 51 per cent stake on the condition of bringing it down to...

3 Feb 2019 4:53 PM IST

Finance ministry has come down heavily on the state-owned general insurers for running their group health insurance business in perennial losses.

People run from pillar to post to get insurance claim: Delhi consumer...

On most occasions, a person who intends to obtain insurance has no choice to say no to a clause in an insurance policy,...

20 March 2019 12:06 PM IST

Insurance penetration in the country was 3.4 per cent in 2015 against the world average of 6.2 per cent.

How technology has a huge impact on the Insurance Sector

If the technology is more effective, then ultimately it results in greater growth.

16 March 2019 2:24 PM IST

The company shall provide its customers with the option of on-the-spot video inspection and virtual survey of their damaged vehicles through Smart e-Survey App.

Bharti AXA General launches service for fast vehicle claim settlement

The company is aiming to process 20-25 per cent of its total vehicle insurance claims in the first year through the...

4 March 2019 3:17 PM IST

Scheme will provide an assured pension based on a guaranteed rate of return of 8 per cent per annum for ten years.

Govt offers pension for employees of public sector insurance companies

There has been a long-standing demand for another chance.

3 March 2019 10:11 AM IST