insurance

Lifestyles insurance coverage corporations imagine 30% cap on commissions for credit score lifestyles insurance policies

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[ad_1] Lifestyles insurance coverage firms are at the verge of attaining an settlement to put into effect a 30 p.c cap on commissions paid to company companies, together with banks and non-banking monetary firms (NBFCs), for credit score lifestyles insurance policies, as in keeping with studies. Discussions in this topic have taken position in Lifestyles … Read more

ManipalCigna Well being Insurance coverage launches ‘ManipalCigna Twist of fate Defend’ – ET HealthWorld

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[ad_1] Mumbai: ManipalCigna Well being Insurance coverage introduced the release of ‘ManipalCigna Twist of fate Defend’. This new complex non-public coincidence plan gives complete protection for unintentional demise (AD), everlasting overall disablement (PTD), and everlasting partial disablement (PPD), making sure that policyholders are safeguarded in opposition to a big selection of injuries. For journey fans, … Read more

How Bima Sugam will supply a ‘UPI second’ for the insurance coverage sector

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[ad_1] Insurance coverage Regulatory and Building Authority of India (Irdai) has arrange a committee to supervise the advent and construction of its Bima Sugam—a web based market that can space all firms promoting lifestyles and non-life insurance coverage on a unmarried platform. The release of the platform, which has already overlooked two closing dates, has … Read more

Working from duvet: Why Megastar Well being is beneath hearth

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[ad_1] Gupta, then again, sought a moment opinion. Some other physician quoted ₹50,000 for a similar remedy, with simply two days of hospitalization and common physiotherapy thereafter. Gupta went forward, paid the fees and filed for repayment. That’s when his struggles started. “Megastar Well being rejected my declare over a record discrepancy. I had a … Read more

Insurance coverage corporate cuts 50k from Covid declare – ET HealthWorld

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[ad_1] Ahmedabad: A Covid-19 affected person needed to take a Rs 50,000 minimize from his insurance coverage refund for the reason that ‘Covid-positive’ file he furnished in conjunction with different declare paperwork, used to be now not from an authorized laboratory. Sonesh Patel from Botad the city had bought a unique Covid-19 protection of Rs … Read more

Operating on with well being insurers to verify 100 percent cashless declare agreement quickly: IRDAI – ET HealthWorld

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[ad_1] Mumbai: Insurance coverage sector regulator IRDAI on Wednesday stated it’s running on with medical insurance suppliers to verify 100 in keeping with cent cashless agreement of clinical expense claims once imaginable. Lately cashless declare procedure is tiresome and insurers deduct 10 in keeping with cent or extra from the whole billing within the title … Read more

Prudential plans health insurance venture in India – ET HealthWorld

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[ad_1] Mumbai: London-based Prudential is looking to set up a health insurance venture in India. The company, which is in a partnership with ICICI Bank for its life insurance and asset management business, may need to look for another partner as the latter has a non-life venture — ICICI Lombard General Insurance. There are five … Read more

Curb Your AI Enthusiasm: Just Look at the Insurtech Carnage

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[ad_1] Shares in “insurtech” startups, which look to upend traditional insurance through the use of automation, data and AI, have enjoyed a small bounce lately thanks to the mania unleashed by OpenAI’s ChatGPT. But they remain far below their levels a few years ago, when many went public. Is this a good opportunity for investors … Read more

Airtel Payments Bank to offer customers health Insurance up to ₹5 lakh

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[ad_1] Airtel Payments bank has taken a step towards offering easy access to health insurance for its customers by entering into a Corporate Agency Agreement with Care Health Insurance. Through this agreement, Airtel Payments Bank will be able to provide their customers with Care Health Insurance products along with the comprehensive and customised Health Insurance … Read more