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CRITICAL ILLNESS INSURANCE CLAIM
Insurer rejected Rs 50 lakh claim after man’s death; consumer panel finds insurer at fault, orders full payout with 6% interestInsurer rejected Rs 50 lakh claim after man’s death: A consumer commission has directed Cigna TTK to pay Rs 50 lakh after finding that the ...- GIC Re reports 9.7% profit jump to Rs 1,922 crore driven by improved claims and underwritingGeneral Insurance Corporation of India has announced a notable profit increase of 9.7 percent, attributed to enhanced performance in claims...
- Corporate cover rates decline amid ample capacityInsurance rates for fire, cyber, professional indemnity and directors’ liability fell sharply in the June quarter as abundant capacity inte...
- Government plans to set up critical minerals processing parks across 4 statesIndia is embarking on a transformative journey with plans for four specialized critical mineral processing parks in strategic states, empha...
- Cyber risks, EV batteries, breakdowns and more covered by this new motor insurance policy; check what all it offersMotor insurance is undergoing a transformation! Bajaj General Insurance introduces ProShield, specifically designed for defence personnel t...
- Supreme Court rulings set to raise insurers' third-party liabilityGeneral insurers face higher motor third-party claim reserves due to Supreme Court rulings. A recent ruling fixes homemakers' notional inco...
- India plans insurance reforms to rein in healthcare costs, sources sayIndia is considering sweeping health insurance reforms to standardise treatment rates, coverage and billing, while expanding a nationwide c...
- US President Donald Trump's childhood vaccine order: What it does and what doctors sayPresident Donald Trump signed an executive order reducing routine childhood vaccinations. The order also directs the Justice Department to ...
- SC ruling may widen motor insurance cover for vehicle occupants, pillion ridersMotor insurance policyholders will receive broader occupant protection following a Supreme Court ruling. The court directed the insurance r...
- Motor insurance bills could feel the pinch as insurers crack down on third-party fraudMotor insurers are intensifying efforts to curb third-party claim fraud as rising court awards and more uninsured vehicles increase pressur...
- TRAI directs use of 1601-series for service, transactional calls by utilities, logistics cosTRAI mandates a new 1601 number series for transactional calls by other sectors. This initiative aims to separate these calls from sensitiv...
- Insurer-hospital panel on the cards to resolve disputes, says General Insurance Council CEODr S. Prakash, CEO, Health Insurance Ecosystem & Strategic Partnerships, General Insurance Council, speaks to Preeti Kulkarni on policyhold...
- Group term life: Why salary-linked insurance cover can matter after death and offer critical financial support to familyThe objective of life insurance is to provide a replacement income to the dependents of the deceased employee. That is why it is important ...
- Iran's supreme leader Mojtaba Khamenei in critical condition; rushed to hospital, claims Israeli mediaAccording to Channel 14 (C14), citing sources inside Iran, and a prior report by the Jerusalem Post, which quoted the IranWire outlet and s...
- Buying health insurance after 60? Here's how senior citizens can reduce premiums and increase coverageWorried about rising healthcare costs after 60? Discover how senior citizens can secure robust health insurance without breaking the bank. ...
- IRDAI asks insurers to fast-track Assam flood claimsInsurers must expedite flood claim settlements for affected policyholders. The regulator has directed immediate deployment of surveyors and...
- Quote of the Day by Scottish philosopher David Hume: ‘When anyone tells me that he saw a dead man restored to life, I immediately consider with myself…’Philosopher David Hume's timeless advice encourages weighing evidence before belief. Extraordinary claims require stronger proof, which is ...
- Comprehensive health insurance: Navigating childhood illnesses, vaccination support, and kidney function careHealth insurance covers childhood illnesses and their treatments effectively. Vaccination support is a key preventive care strategy for fam...
- AI helps insurers cut onboarding costs, speed up claims processing: McKinseyArtificial intelligence is transforming the insurance industry by enhancing sales efficiency and minimizing customer onboarding expenses. T...
- LIC rejects claim saying past typhoid, jaundice were not disclosed: Court says the illnesses have no link to sudden heart attack that killed the policyholder; orders insurer to pay over Rs 10 lakhLIC rejects insurance claim saying policyholder hid illnesses: LIC rejected a death claim filed by a Guntur widow, arguing her husband had ...
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