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Rs 5 lakh health insurance claim denied by insurer over waiting period for pancreatitis; here's why the policyholder's wife wonA health insurer cannot automatically reject claims using waiting-period clauses. The Mumbai Consumer Commission ruled that insurers must p...
Human in, on or out: AI is reshaping insurance jobs, says Axis Max Life COO Manu LavanyaAs insurers move more processes to human-in, human-on and human-out-of-the-loop models, AI is changing not just how insurance works but the...
iPhone 18 series, foldable iPhone launch in India: When and where to watch Apple’s ‘Surprise and Shine’ event. Check date, time, expected product featuresApple’s much-awaited September event is set to bring several major announcements, with the next generation of iPhones expected to be at the...
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...
Whose bill is it when the fire spares the house but poisons the air? California just made that callCalifornia wildfire survivors gain new protections with the Smoke Damage Recovery Act. This legislation establishes the nation's first scie...
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...
₹1 crore health insurance for each of 18 family members at just ₹7,000 a year: Marwadi grandfather’s secret strategy to handle medical emergency goes viralMarwadi grandfather pays ₹7,000 a year to insure 18 family members for ₹1 crore: A wealth advisor’s viral X post highlights how a Marwadi g...
A recipe for brain health? Cooking once a week may lower dementia riskA six-year Japanese study of 10,978 adults aged 65 and above found that those who cooked at home at least once a week had a lower risk of d...
NFRA forms audit quality, assurance and technology advisory committeeIndia's National Financial Reporting Authority has set up a fresh advisory committee that will delve into critical areas such as audit qual...
Should young professionals buy health insurance beyond their employer cover?Employer health insurance offers peace of mind, but what happens when you change jobs? This article explores the benefits of securing your ...
Won't chase top-line growth at any cost: SBI General CEO on fire insurance pricing warSBI General Insurance will not chase fire insurance business at unsustainable prices. The company aims to improve profitability and maintai...
Health insurance during pregnancy: When unrelated illnesses can lead to claim rejectionWithout maternity cover, pregnancy-related complications aren’t covered, but disputes can arise over whether the exclusion extends to unrel...
Fire insurance premiums fall 28% in Q1 amid deep discountingFire insurance premiums dropped significantly in the first four months of the financial year. Aggressive discounting on large industrial ri...
Sebi drops proceedings against Max Financial, Axis Bank in Max Life deal caseSebi dropped proceedings against Max Financial and Axis entities. Allegations of disclosure lapses and fraud were not established by the re...
Is ₹5-10 lakh health insurance cover enough? Check these 3 factors to know how much you needHealthcare costs in India are soaring due to escalating medical inflation. Experts warn that securing adequate health insurance is no longe...
IRDAI bars Niva Bupa from opening new offices for six monthsNiva Bupa Health Insurance received an order from the regulator to halt new places of business. This action stems from failing to meet expe...
Stocks in news: BPCL, HAL, RailTel, Saatvik Green Energy and Samvardhana MothersonIndian equity benchmarks ended a seven-session losing streak on Thursday, August 20. The NSE Nifty50 closed higher, reclaiming its 50-day e...
Protection, annuity more relevant in insurance products: Sumit Madan, MD & CEO, Axis Max LifeWhile things are changing, insurance is still seen as a bit of a savings and tax product. We are focusing on making protection and annuity ...
Niva Bupa, Acko General Insurance barred from opening places of biz for 6 monthsNiva Bupa's allowable expense for FY25 was Rs 2,403.75 crore, while its actual expenses stood at Rs 2,652.12 crore, exceeding the limit by ...