There has been a rise in health insurance policy portability in recent times, and it can be attributed to a variety of factors, including the hikes in premiums. Many policyholders are looking for more affordable options, especially if they face steep increase in premium in their current plans. Insurers offering premium discounts attract customers seeking … Read more
M.K. Stalin, T.N. Chief Minister; Piyush Goyal, Union Minister of Commerce Industry, Consumer Affairs, Food and Public Distribution and Textiles; T.R.B. Raja, Minister for Industries, Investment Promotions and Commerce; Venu Srinivasan, Chairman, TVS Motors; and foreign delegates releasing the Tamil Nadu Semiconductor and Advanced Electronics Policy during GIM 2024 in Chennai on Sunday. | Photo … Read more
I am a 37-year-old professional. I started my MF investments 4 years ago. Currently, my portfolio has Rs 3,000 in the UTI Nifty 50 Index fund and 2K in the Mirae Asset emerging blue chip fund. The goal is wealth creation in another 7 years. Other than this I have been investing Rs 17,000 per … Read more
When you buy a term life insurance policy online, you may be surprised that your insurer is interested in your educational background. This may seem unusual or even invasive, but there are valid reasons why insurance providers consider this information necessary. Pricing structures, called premium rates, are ultimately determined based on the probability and cost … Read more
The year 2022-23 has seen a surge in the surrenders and withdrawals of life insurance policies. It has increased by 25.62 per cent to Rs 1.98 lakh crore compared to Rs 1.29 lakh crore in 2021-2022. The jump has been attributed to several factors ranging from rise in inflation and issues related to mis-selling of … Read more
Abandoning life insurance policies midway through the term often results in a significant financial setback due to the high surrender costs associated with the early years of the policy. Recognising this, the Insurance Regulatory and Development Authority of India (Irdai) has proposed measures to increase the surrender value of non-linked policies in an exposure draft … Read more
Bike insurance premiums can increase significantly if you make frequent claims, especially for minor accidents and damages. Insurance companies view multiple claims as indication of higher risk and charge higher premiums from such policyholders. However, there are some steps you can take to avoid making unnecessary claims and keep your premium costs low. Rakesh Goyal, … Read more
The former prime minister says he offered counter arguments but ultimately acted to curb Covid. Source link
ACKO General Insurance has joined forces with PhonePe to offer comprehensive car and bike insurance products directly to consumers on the PhonePe platform. This partnership marries ACKO’s customer-first approach with PhonePe’s massive distribution network, making insurance a readily accessible financial category for its users. An ACKO press release states, “The collaboration will also see ACKO … Read more
The heavy rainfall caused by Cyclone Michaung has resulted in widespread water logging across Chennai. Social media platforms are flooded with videos showing cars being carried away by floodwaters. In certain areas, the water accumulation has reached a level where cars and auto rickshaws are entirely submerged and swept away in flood. Narayan Rao, Head … Read more