InsuranceLiterature 
Car insurance is undergoing a technological transformation, and one innovation at the forefront is GPS tracking. Increasingly, insurers are incorporating GPS-enabled devices into their policies to monitor driving behavior, deter theft, and offer more personalized premium rates. But what does this mean for you as a car owner? Let’s break down how GPS technology integrates … Read more
In India, a large number of private health insurance policyholders are witnessing a concerning trend—rising premium costs coupled with an increasing number of claim rejections. 18% GST levied on premiums add to it, prompting many to forego policy renewals altogether. Healthcare remains one of the most significant expenses for individuals in India. With medical inflation … Read more
Upon certification, candidates can pursue various roles in the insurance industry, including Assistant Administrative Officer, Insurance Surveyor, Risk Manager, Underwriter, Claims Adjuster, Actuary, Insurance Consultant, and more. Potential employers include numerous Life Insurance and Non-Life Insurance companies across the country. The Insurance Institute of India (III) offers exams that certify and train candidates in different … Read more
Job description A Health Insurance Claims Job typically involves processing, evaluating, and managing claims made by policyholders under their health insurance policies. People in this role work with healthcare providers, policyholders, and insurance companies to ensure that claims are accurately processed, payments are made, and services are covered according to policy terms. Here’s a breakdown … Read more
The Insurance Regulatory and Development Authority of India (IRDAI) has raised concerns over the claim settlement practices of Star Health and Allied Insurance, a prominent stand-alone health insurer. The regulator’s investigation uncovered significant issues in the company’s approach to settling claims. IRDAI’s report delved into various claim-related metrics, including the number of claims rejected, accepted, … Read more
Discussions are underway to launch a medical insurance scheme for kabaddi, football, and hockey players across Tamil Nadu, Deputy Chief Minister Udhayanidhi Stalin announced on Sunday. He made the statement while addressing the media at a welfare distribution event for kabaddi players in Keelakarai. During the event, Udhayanidhi distributed sports equipment and medical insurance to … Read more
Banks play an important role in the economic development and growth of any country. It converts savings into investments therefore leading to capital formation and economic development. To run this banking sector workforce is required. Ours is a country with a booming young population seeking employment in reputed organizations. People have always shown interest and … Read more
India is a country with majority young population. Even in villages and smaller cities of the country the youth is ambitious and want to be more educated to get a respectable job and build their own place in the society. Although everyone has a dream of their own which necessarily is not related to studies … Read more
Doctors face distinct financial challenges and opportunities throughout their careers. Given the demanding nature of their profession and the extensive education required, effective financial planning is crucial for securing a stable financial future. This article provides a step-by-step guide to help doctors navigate the complexities of financial planning. 1. Emergency funds Unexpected financial emergencies can … Read more
Recent regulatory changes in senior citizens’ health insurance are set to lead to a 10-15% increase in premiums. These adjustments aim to enhance coverage and benefits, but they also impact policyholder costs. Here’s a quick overview: What’s Changing: 1. Pre-existing Conditions: Insurers must now provide comprehensive coverage with reduced waiting periods. 2. Higher Sum Insured … Read more