Insurance

Deadly tornadoes destroy hundreds of American houses: What should the homeless do?

Tornadoes can occur at any time of year and have been reported in all 50 US states. Focusing on safety and finding a comfortable temporary shelter are critical next steps if a home has been damaged

Budget 2023-24 Expectation: Reduce GST on insurance products to 12 per cent

Lowering GST on certain general insurance covers including small business property policies and householder’s policies would lower the premium burden for homeowners/small businesses as well as increase the uptake of these policies, essential for better insurance penetration

Insurance Claim: Three methods to help you resolve insurance-related issues faster; check details

  Every insurance company assigns a Grievance Redressal Officer who is responsible for addressing customer complaints. IRDAI's laws instruct the company's complaint redressal officer to answer queries regarding any consumer complaints within 15 days

Take a look at these factors before renewing your vehicle insurance policy; details here

Before buying or renewing a vehicle coverage, it's necessary to take the insured declared value (IDV) into account. In the event of theft or complete car damage, it represents the maximum compensation

Taking multiple insurance policies? You can no longer hide this from other insurers

Sharing of customers’ financial information will be on the basis of their prior consent and the data must be shared only with regulated entities.

COP27: Why 'Global Shield', a new insurance scheme for vulnerable countries is a bad idea

Global Shield, launched by Germany, is significantly more restrictive than proposals for a global 'Loss and Damage' fund advanced by China and the G77 bloc of developing countries

What is renter's insurance and what does it cover? Details here

The type of renter's insurance you buy will have a significant impact on the coverage

This post office scheme offers Rs 14 lakh at maturity for investment of Rs 95/day; details here

If you obtain a 20-year policy at age 25 with a 7 lakh rupee insured sum, you will be required to pay a daily premium of Rs 95

Want to pay health insurance premiums on monthly basis? Know these things before opting for plan

On the entire amount paid as a premium under whatever payment mode, the policyholder is entitled to receive tax benefits under Section 80D

Usage of FRA by Indian life insurers is nothing to worry about, says Emkay

According to Emkay, the only risk to the growth of non-par could be from any legislative changes regarding taxation, the probability of which is low