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INDEMNITY COVER
Will provide insurance to all vessels coming to or going from India: DFS Secretary NagarajuIndia has launched its own maritime insurance pool. This initiative aims to support Indian maritime trade. Vedanta Sterlite, Balrampur Suga...
Sebi proposes allowing depositories to use part of IPF investment income for trust expensesAt present, stock exchanges are permitted to use a maximum of 5 per cent of the interest or income generated from IPF investments for meeti...
Missed insurance claim submission deadline? Don't worry, you are still eligible for reimbursement. Here's whyA Bombay High Court ruling favored policyholders, stating insurers cannot reject claims solely for delayed document submission beyond the 9...
India builds insurance shield for risky sea trade as global cover dries upIn response to the challenges posed by renewed hostilities affecting maritime trade, Indian public sector insurers have unveiled an innovat...
India expands Russian marine insurance optionsIndia has increased the number of Russian insurers authorized to provide marine cover for ships docking at its ports. This move allows more...
Cabinet clears Rs 12,980 crore maritime insurance pool to cut costsIndia is launching the Bharat Maritime Insurance Pool, backed by a substantial sovereign guarantee of over ₹12,980 crore. This strategic in...
Cabinet approves ₹12,980 crore sovereign-backed maritime insurance poolThe Union Cabinet, chaired by Narendra Modi, on Saturday approved a Sovereign Maritime Fund to provide insurance cover for Indian-flagged, ...
Home nursing, oxygen, physio - health insurance covers only 60–180 days after hospitalisation; here’s how to plan the restHome nursing, physiotherapy, oxygen support—health insurance can cover these for 60-180 days after discharge, with conditions. The rest of ...
How to make claim with multiple health insurance policiesWhile the payment of an indemnity plan is linked to actual expenses the defined benefit plan pays the claim on occurrence of a pre-defined ...
Defined benefit vs indemnity type health insurance policy for coronavirus: Here's how to choose oneA benefit-based policy will ensure a fixed and guaranteed lump sum amount equal to the sum insured if one tests positive for Covid-19 and i...
Irdai brings out new draft Covid policyThe proposed guidelines now mandate insurers to offer both options — a standard indemnity-based cover and a fixed-benefit cover. The new de...
Why are insurance companies bullish about the new bankruptcy law"As of now, the normal professional indemnity cover can protect," said Sanjay Datta, chief underwriting and claims, at ICICI Lombard differ...
Now, an insurance cover for insolvency professionalsThese decisions might involve transactions worth crores of rupees.
How to make a claim on multiple health insurance policiesThe total hospital bill need not be shared between the insurers as the claims settlement is not on the basis of 'contribution clause'.
Why doctors need special financial planningDoctors need an investment strategy to preserve wealth after crossing the age of 60 instead of taking aggressive investment decisions.
Insolvency professionals on the hunt for indemnity coverGlobally under this cover, the product insures insolvency practitioners against claims for professional negligence.
What you can do when companies trim group health cover benefitsET explains the options before you to increase your family's health cover at a time when companies are pruning the health benefits extended...