Telematics is the combination of words, “telecommunications” & “informatics” & when this term is used in Insurance, it is called as “Telematics Insurance”. Telematics has its application in Motor line of business in Insurance industry. Different terms are used for Telematics in insurance industry; The main elements to the telematics device to be fitted in … Read more
Health insurance and wellness benefits Rise in lifestyle diseases has made health insurance necessary for every individual. But does the health insurance policy suffice the worries of the individuals who are exposed to various risks in every walk of their life? Health insurance plays its role in an unfortunate event when hospitalization is needed, but … Read more
Yes, if you wish to earn an extra income or if you are looking for the job or if you fail to get the job because you are not qualified; you can think of becoming an insurance agent. You can make a career in the insurance industry by becoming a POS agent. This opportunity … Read more
Are Machine workouts always beneficial? Machine workouts are beneficial for bodybuilders to enhance their muscles and for rehabilitation purposes for recovering from injury. Installing machines at home to improve body shape and tone is expensive matter with space constraint at home, while machine workout at home without training carries the risk of injuries. If you … Read more
Diet plays an important role in keeping your weight under control. So if you want to lose weight quickly, you have to adopt a healthy, nutritious and a low-calorie diet. A low-fat diet & food rich in fibre creates a calorie deficit and helps lose weight in no time. Another good way to lose weight … Read more
Better healthcare and affordability of the same is pivotal for a rapidly emerging economy like ours. In India, as per reports the medical trend rate which refers to per person cost increase due to medical inflation is likely to grow at a double rate of the inflation. Health insurance is the best tool for individuals … Read more
Distribution methods of Insurance products are rapidly changing. This is because of technology changes & consumer change along with it. The vast expansion of internet is causing a major shift in insurance purchase. Insurance distribution is not simply about pushing product but with it brings exotic methods of managing risk. During distribution relationships and trust … Read more
Many medical professionals are now getting in healthcare sector and making their way to high peaks. Health insurance is emerging as the most important segment in the insurance sector. Medical professionals play a vital role in various areas in health insurance companies like; verification of claim payments against health insurance coverage, medical underwriting of the … Read more
The Insurance Regulatory and Development Authority of India (IRDAI) has introduced significant amendments to the existing regulations governing health insurance, mentioned below are details; 1. Reduction in Pre-existing Disease (PED) Waiting Period IRDAI has reduced the maximum waiting period for covering pre-existing diseases in health insurance from 4 years to 3 years. Policyholders can now … Read more
IC 38 exam is an initial step to become IRDAI Agent/Insurance Advisor. Insurance Institute of India (III) on behalf of IRDAI (Insurance Regulatory and development Authority of India), conducts this pre recruitment qualification examination. This exam is conducted on online platform where the results are seen instantly on the monitor as soon as you submit … Read more