InsuranceNews

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

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

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

The Insurance Regulatory and Development Authority of India (IRDAI) has reportedly set the pricing for ‘Bima Vistaar,’ a comprehensive insurance product covering life, health, accidental damage, and property. Priced at Rs 1,500 per policy, it targets residents in rural areas of the country. Click below link to read the news – https://www.google.com/amp/s/www.financialexpress.com/money/bima-vistaar-priced-at-rs-1500-life-health-property-insurance-bundled-in-one-product-know-full-features-and-benefits-3474048/lite