The standoff between the public health insurance companies in India and the top hospitals has softened a bit, with the public insurance companies mentioning that they will entertain cashless claims for now. But there is a huge gulf between this public posturing and reality. For all practical purposes, the preferred hospitals are not entertaining [...]
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SBI Life Insurance, the country’s largest new generation life insurer and a subsidiary of State Bank of India, has been fined Rs 70 lakh by the insurance regulator for making unauthorized payments up to Rs 204 crore to various banks, including Rs 186 crore to the State Bank group, between 2005 and 2010.
Announcing the [...]
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The Insurance Regulatory and Development Authority (Irda) has postponed implementation of portability of health insurance policies across non-life insurance companies to October 1.
Earlier, Irda had announced that it would implement health insurance portability, which allows a customer to shift from one insurer to another while retaining the policy, from July 1.
Irda has embarked upon [...]
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Many people used to ask the question repeatedly again and again, why home insurance? They in general out there with so many arguments against the home insurance. But I found all of them would be having same types of reasoning to argue why we need not go for home insurance. They will tell like [...]
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Life insurance isn’t necessarily a fun subject to talk or think about. No one really likes to think about death and it’s usually costly insurance to obtain and maintain. There are some way to save on life insurance.
Be sure you really need insurance. If no one is dependent on you for their care, you [...]
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Canara Bank, Oriental Bank of Commerce and HSBC Insurance (Asia Pacific) Holdings’ joint venture, Canara HSBC Oriental Bank of Commerce Life Insurance Company has entered into child protection policies with the launch of the future smart plan under its smart solutions umbrella.
Canara HSBC Oriental Bank of Commerce Life Insurance Future Smart is a unit-linked [...]
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You must pay special attention when you are buying life insurance for your family. However, when you are purchasing it, there are various factors that you must keep in mind. First of all, you must analyze the needs and requirements of your family before buying the policy. One of the best ways by which [...]
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November 11th, 2010
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