The Insurance Regulatory and Development Authority of India (Irdai) is actively considering giving policyholders the flexibility to change agents at any time during the policy term, as long as the policy term is 20 years or less. . Customers should use this privilege to only connect with agents who build lasting relationships. For now, insurers …
Federal Bank credit card holders now benefit from a group credit protection facility that offers life insurance for a credit limit of up to a maximum of Rs 3 lakh. The Federal Bank has partnered with Ageas Federal Life Insurance to make this offer available to its credit card users. In a statement, the Federal …
With the rise in lifestyle-related illnesses, unexpected health risks, rising healthcare costs, and financial insecurity, Generations Y and Z are becoming more health insurance conscious. Many professionals from these two segments have constituted their group health insurance. However, these policies only protect policyholders during their active employment and offer an average insured sum of Rs …
There was a time when most people in our country didn’t think health insurance was necessary. However, after two turbulent years of the COVID-19 pandemic, that is no longer the case. As an element of stability in the face of uncertain events, health insurance has found its rightful place as an essential part of the …
Company health policy is sufficient, personal policy is not necessary This is one of the most common mistakes we have come across from people who work in the corporate sector: they rely on the group policy offered by their company and do not have personal coverage. They don’t realize two things: First, an office policy …
The ultimate goal of purchasing term life insurance is to ensure that our family maintains its lifestyle, dreams, and goals even in our absence. People who buy term life insurance expect two things. First, the money must be paid, and second, it must be paid smoothly. The payment of the money depends on the declarations …
Term life insurance is a crucial step in ensuring the financial well-being of your family members when they can’t trust you. If the worst were to happen, it would be an emotionally frightening time for his family. However, the complaint procedure should be started as soon as possible. It is true that the claim process …
Due to the controversial nature of our company and rising vehicle prices, auto insurance prices are increasing across the country. The bad news is that the price of insurance is unlikely to drop anytime soon. The good news is that there are steps you can take to minimize spikes or reduce the strain on your …