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One man's EV coverage rose from $1,180 to $1,690 in four years — a roughly 43% increase. The hidden reasons premiums could be getting more expensive may have nothing to do with the batteryElectric vehicle insurance rates are increasing for many owners. This rise is often linked to general market trends, not just battery age. ...
MDR charges on 5 key services: Railway tickets, mobile bills, fuel and moreSelect UPI merchant transactions will incur a Merchant Discount Rate. However, transactions under two thousand rupees will remain free for ...
Government seeks long-term funds to boost infrastructure workIndia is grappling with a funding shortfall as long-term liabilities are rapidly decreasing. With bank deposits and debts maturing in less ...
Quick delivery platforms hike festive ad rates 35% as sales seen doublingThe increase comes at a time when advertisers increasingly use quick-commerce platforms to reach consumers closer to the point of purchase,...
Gujarat floods trigger thousands of crores in insurance claims, prompting rate hikes for industrial risksGujarat floods have triggered substantial insurance claims, prompting a review of pricing. Insurers are now pushing for more disciplined pr...
He trusted Canara Bank for 31 Years, then was sold a life insurance plan that pays at age 93; IRDAI orders Rs 4 lakh refund and ₹1 crore fine for mis-sellingIRDAI has imposed a ₹1 crore penalty on Canara HSBC Life Insurance Company over the sale of a deferred annuity policy to an 88-year-old cus...
Lower premium with higher health insurance coverage: Co-pay vs. deductible, which can save you moreNavigating health insurance premiums can be tricky. Understand the crucial differences between deductibles and co-pays. While both share co...
Employer-funded life insurance: How group term cover, riders and keyman insurance can strengthen your protectionThe base GTL is where most organisations start. Voluntary enhancement provides affordable cover without underwriting hurdles. Riders extend...
Oriental Insurance hopes to turn corner in FY27 assisted by NSE stake dilutionLooking ahead, Oriental Insurance Company projects a profitable turnaround by 2026-27, facilitated by a planned stake dilution in the Natio...
Indian Bank to enter life insurance business, soon to seek board nodIndian Bank plans to enter life insurance and asset management sectors soon. The bank is seeking board approval for these proposed new vent...
Insurance company rejected Rs 3 lakh mediclaim saying it was an obesity treatment; court found the surgery also treats high BP, weight gain, knee pain; insurer ordered to pay Rs 3.5 lakhAn insurance company rejected a Rs 3.2 lakh mediclaim by calling a weight loss surgery an obesity treatment excluded under the policy. The ...
₹1 crore penalty on Canara HSBC Life Insurance Company over mis-selling of a deferred annuity policy to an 88-year-old senior citizenAn 88-year-old was sold a deferred annuity policy despite age restrictions, leading to a Rs 1 crore penalty for Canara HSBC Life. IRDAI fou...
US to issue $500 Obamacare refunds to nearly a million AmericansNearly one million Americans will receive $500 refunds from the Trump administration. These payments address overcharges on federal Obamaca...
Canara HSBC Life fined Rs 1 crore for mis-selling policy to 88-yr-old via Canara BankCanara HSBC Life Insurance Company received a ₹1 crore penalty from IRDAI. The fine was imposed for mis-selling a deferred annuity policy t...
LIC, HDFC Life, other stocks rise up to 3% as Aug new business premium jumps 33% YoY. What Nuvama, others are sayingLife insurers reported a 33% YoY increase in total new business premium to Rs 41,198 crore in August, led by a sharp rise in group single-p...
Life insurers' new business premium up 33% in AugustLife insurers displayed impressive growth in new business premiums for August, with an overall year-on-year increase of thirty-three percen...
Should homemakers buy a term plan? Here’s why their unpaid work has real financial valueThe contributions of homemakers to household management have substantial economic significance that is now being acknowledged by life insur...