Drunken driving rules: Is some amount of alcohol permissible while driving? Does your insurance cover such mishaps?

Drunken driving rules: Is some amount of alcohol permissible while driving? Does your insurance cover such mishaps?

Instances of drunk driving are increasing in India. Earlier this year, the Delhi Traffic Police released a report revealing that 12,468 individuals were charged with drunk driving in the first half of the year, compared to 9,837 cases last year. According to the Motor Vehicles Act, 1988, driving a vehicle with a blood alcohol level … Read more

PhonePe floats pre-approved term life insurance. Key features here

PhonePe floats pre-approved term life insurance. Key features here

Digital payments platform PhonePe has recently launched a new feature called ‘pre-approved term life insurance’ on its platform. According to a statement released by PhonePe, this innovative feature aims to enhance the accessibility of insurance coverage for millions of individuals in India. PhonePe’s new initiative is aimed at revolutionising financial inclusion in India. The step … Read more

Health insurance: 52% policyholders say their yearly premium has gone up by over 25% in 12 months

Health insurance: 52% policyholders say their yearly premium has gone up by over 25% in 12 months

A survey has highlighted that a majority of policy owners that their insurance premiums have already increased in the last one year much before the Insurance Regulatory and Development Authority of India (IRDAI) removed the age limit restriction for buying a health insurance policy.  In April 2024, the IRDAI removed the age limit restriction for … Read more