Without insurance coverage, many producers cannot get the completion bond or guarantee that banks require to lend to productions.
Aegon Life Insurance on Wednesday announced the launch of ‘Life Insurance with COVID-19 Cover’ for hospitalization expenses up to Rs 1 lakh along with Flipkart, India’s homegrown e-commerce marketplace
Reset and reboot after COVID-19: The pandemic is India's opportunity to set things right for its healthcare system
We should try to decrease the length of stays to what's required as longer anyone stays in the hospital the worse it's for them medically and financially.
Markets regulator SEBI on Tuesday gave relaxation to listed banks and insurance companies for publishing consolidated financial results for June quarter in the wake of coronavirus pandemic
IRDAI sets up panel to draft standard professional indemnity policy for insurance intermediaries; asks to submit report in one month
Insurance intermediaries such as insurance brokers, insurance web aggregators, and corporate agent are required to take professional indemnity insurance policies governed by different regulations.
Leading FMCG companies such as Nestle India, Godrej Consumers Products Ltd and Dabur are providing special insurance covers to their 'frontline' workforce, including those of distributors, who are engaged in supply and distribution of their products during the coronavorus pandemic
LIC's new premium business jumps 25.2% in FY20, records best sales in past six years; market share up 1.2%
Despite losing the most productive fortnight of the year to COVID-induced lockdowns, the national insurer LIC achieved a healthy 25.2 percent growth in the first-year new business premium in 2019-20, while private players collectively recorded just 11.64 percent
India's life insurance companies clocked 11.36 percent growth in their collective premium income at Rs 48.26 lakh crore during the fiscal ended March 2020, data from IRDAI showed
IRDAI has allowed insurers to collect health insurance premiums in instalments for products they deem appropriate, in view of the prevailing conditions due to COVID-19 outbreak, which has adversely affected economic activities
Issuing fresh guidelines for the second phase of the lockdown, which will be in effect till 3 May, the government on Wednesday said important financial services like banking and insurance will continue to function during the period to help people meet their financial needs
Private sector life insurer Max Life Insurance on Monday said Yes Bank has extended the bancassurance partnership for next 5 years
Non-life insurer Reliance General Insurance on Wednesday launched a COVID-19 protection insurance scheme, which offers 100 percent of the sum-insured in lump sum on positive diagnosis of coronavirus
Coronavirus Outbreak: Insurance companies start offering exclusive pandemic policies; partnering with online payment firms
Star Health Insurance and Edelweiss General Insurance are among others which have also come up with exclusive insurance policies for COVID-19.
Fintech app True Balance partners with ICICI Lombard to provide health insurance cover around 1 billion unbanked Indians
Along with the lump sum payout, the policy will cover health assistance benefit, virtual and tele consultation benefit and ambulance assistance.
All life insurance companies to process coronavirus death claims; force majeure not to be applied: Life Insurance Council
All life insurance companies have also communicated to their customers individually in this regard.
Coronavirus Outbreak: New India Assurance to provide Rs 50 lakh coverage to 22 lakh healthcare providers
State-owned New India Assurance has been entrusted to provide an insurance cover of Rs 50 lakh to about 22 lakh health care providers, who are on the frontline of the battle against coronavirus
Flipkart partners with Aegon Life Insurance; to sell quick-access policies with sum assured of up to Rs 10 lakh
E-commerce marketplace Flipkart and Aegon Life Insurance on Monday joined hands to sell comprehensive insurance solutions for customers looking for instant digital policies with a sum assured of up to Rs 10 lakh
CAIT writes to finance minister Nirmala Sitharaman seeking insurance cover for coronavirus-hit businesses
Traders' body CAIT has appealed to Finance Minister Nirmala Sitharaman to direct regulator IRDAI to mandate insurance firms to introduce coverage for disruptions to businesses on account of the coronavirus outbreak
A parliamentary panel had examined the Demands for Grants 2020-21 of Department of Heavy Industry (DHI) and tabled its report in Parliament