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INSURANCE POLICY TERMS
Star Health cuts mediclaim without citing any policy clauses: Court says insurer cannot act on 'whims and fancies'; orders to pay the remaining Rs 47KStar Health Insurance has been ordered by a Guntur consumer commission to pay Rs 47,356 to a policyholder whose Covid hospitalisation claim...
Corporate Life vs Influencer Life: Bengaluru women compare salary, lifestyle, perks and freedomTwo Bengaluru women shared contrasting daily lives on Instagram. Ananya, a corporate analyst, has a structured work routine and fixed incom...
SML Mahindra to acquire Mahindra’s truck and bus business for Rs 525 croreIn a significant strategic shift, Mahindra & Mahindra plans to hand over its Truck and Bus Division to SML Mahindra for Rs 525 crore. This ...
Do you really need home loan insurance if you already have a term insurance plan?Home loan insurance is designed to pay off outstanding loans if the borrower passes away, while term insurance provides a one-time payment ...
Ahead of Market: 10 things that will decide stock market action on WednesdayIndian equities ended lower on Tuesday as Sensex and Nifty erased early gains after a sharp rally. Analysts cited cautious sentiment ahead ...
Air India turnaround to take 5-10 years, says Tata Sons' ChandrasekaranTata Sons chairman N. Chandrasekaran said Air India's turnaround will take five to 10 years, citing supply-chain constraints, legacy system...
Bond investors, unsure about Fed policy outlook, hedge against US rate shockAs U.S. interest rates continue to rise, bond investors are taking proactive measures to protect their portfolios. The surge in demand for ...
Ahead of Market: 10 things that will decide stock market action on TuesdayIndian markets snapped a five-session losing streak as easing Iran-US tensions, lower crude prices and upbeat earnings lifted sentiment. Se...
NRIs can now buy term insurance in USD from India: Policybazaar explains how new plan protects against currency riskNon-Resident Indians can now purchase US dollar-denominated term insurance plans in India. These plans are available through Policybazaar's...
US President Trump's economy at 18 months is a tale of shocks, resilience, and signs of stalled progressPresident Trump's initial eighteen months saw economic shocks from immigration and tariffs. An Iran war also impacted oil prices and global...
ICICI Lombard rejects Rs 50 lakh accidental death insurance claim, consumer court said insurers can't add new claim conditions. Here's what happenedA consumer commission ordered ICICI Lombard to pay fifty lakh rupees to a policyholder's nominee. The policyholder died in a road accident,...
How ULIP plans can help you with legacy planningLegacy planning helps Indian families transfer wealth smoothly across generations. Unit Linked Insurance Plans offer life cover and market-...
LIC rejects life insurance claims saying policyholder hid diabetes: Court finds disease was diagnosed only after buying the policies; orders over Rs 60 lakh payoutLIC rejects life insurance claims saying policyholder hid diabetes: The National Consumer Disputes Redressal Commission has ordered LIC to ...
Should I sell gold to buy a second home, or is it better to pledge it?ET Wealth Reader's Query: I am 45, and want to buy a holiday home, or what may be called a second home. I do not have any major financial c...
5 critical checks before buying health insurance policy to avoid claim rejectionsChoosing health insurance requires careful consideration of several important factors. Opting for a policy simply because it has a low prem...
UTI AMC's V Srivatsa warns against midcap valuation, says risk-reward better in largecapsThe mid cap also is expected to grow in similar lines and trades at 50% premium to large caps. While the longer-term outlook for mid cap is...
Motor insurance: Consider issuing circular standardising cross-border coverage clauses, SC to IRDAIThe Supreme Court on Monday asked IRDAI to consider issuing a master circular to standardise cross-border coverage clauses in motor insuran...
Turtlemint eyes profitable FY27 as renewal book growsThe company operates an insurance distribution platform that enables point-of-sale persons (Posps) and advisors to sell insurance products ...
NRI insurance: Benefits, risks, and features of GIFT City’s dollar-denominated insurance plansMany companies—including HDFC Life International, ICICI Prudential Life, ICICI Lombard, Star Union Dai-ichi Life, IndiaFirst Life and Tata-...
Should you go for accidental death insurance despite having term insurance? Check this before decidingTerm insurance offers protection, but an accidental death rider provides additional payout. This rider is an optional add-on, not a replace...