Insurance policies

Man arrested for selling fake auto insurance policies

GURUGRAM: A A 26-year-old man has been arrested for selling fake car insurance policies in the name of Policybazzar Insurance in the Neb Sarai area of ​​Delhi, police said on Wednesday. Accused Rahul Kumar was arrested by the Cybercrime Police Station (East) team of Gurugram Police on Monday. Rahul Kumar had been on the run […]

Insurance policies

Kenyan startup Bimaleo launched to offer real-time auto insurance policies

Kenyan start-up Bimaleo has launched a platform offering private and commercial drivers access to personalized car insurance policies in real time. Formed in late 2020 by Shreyas Patel and George Richard, Bimaleo has spent over a year developing its platform and building relationships with partners, and is now available for onboard customers. Patel said the […]

Insurance policies

5 Insurance Policies Everyone Should Have

Accidents happen. You never know what life has in store for you and a single misfortune can be devastating. That’s why you need insurance in your financial plan, to protect your health, your earning capacity and your assets. But with so many types of insurance, how do you know which ones are worth it and […]

Insurance policies

Gurugram: Man arrested for selling fake car insurance policies

Gurugram, Aug 24 (IANS): A 26-year-old man has been arrested for selling fake car insurance policies in the name of Policybazzar Insurance in the Neb Sarai area of ​​Delhi, police said on Wednesday. Accused Rahul Kumar was arrested by the Cybercrime Police Station (East) team of Gurugram Police on Monday. Rahul Kumar had […]

Insurance policies

The Weekend Leader – Gurugram: Man arrested for selling fake car insurance policies

Photo: IENS A 26-year-old man has been arrested for selling fake car insurance policies in the name of Policybazzar Insurance in the Neb Sarai area of ​​Delhi, police said on Wednesday. Accused Rahul Kumar was arrested by the Cybercrime Police Station (East) team of Gurugram Police on Monday. Rahul Kumar had been on the run […]

Insurance policies

AXA Climate will use RMS Analytics for parametric insurance policies

AXA Climate, an AXA Group entity specializing in climate change adaptation, will include HWind analytics from RMS, a Moody’s Analytics company and world leader in risk modeling and solutions, as the main trigger indicator for its insurance policies. relevant US parametric insurance. HWind produces real-time datasets for tropical cyclone events, enabling rapid assessment of hurricane […]

Insurance policies

StarLife Assurance partners with GPCC to offer insurance policies to member churches

StarLife Assurance has entered into a new strategic partnership with the Ghana Pentecostal and Charismatic Council (GPCC) to provide bespoke life insurance policies that will secure GPCC member churches, of which there are over 200 member churches, their families, and finally will support the Council. Leveraging StarLife’s best-in-class products and insurance expertise, this […]

Insurance policies

StarLife Assurance Partners with GPCC to Offer Insurance Policies to Member Churches | Economic news

StarLife Assurance has entered into a new strategic partnership with the Ghana Pentecostal and Charismatic Council (GPCC) to provide bespoke life insurance policies that will secure GPCC member churches, of which there are over 200 member churches, their families, and ultimately support the Council. Leveraging StarLife’s best-in-class products and insurance expertise, this new agreement enables […]

Insurance policies

Understanding the Different Types of Group Insurance Policies – Jammu and Kashmir Latest News | Tourism

Group insurance is a type of insurance plan that covers a group of people, usually the staff of an organization or the members of an association. Coverage benefits are consistent with the policy statement provided to the employer or association that purchased the plan. A group insurance plan can be made up of a life […]

Insurance policies

Lloyd’s of London to exclude state-sponsored attacks from cyber insurance policies

Insurance market Lloyd’s of London is set to introduce cyber insurance exclusions to state-sponsored ‘catastrophic’ attack cover from 2023. In a Market Bulletin published August 16, 2022 , Lloyd’s said that while it “remains strongly in favor of writing cyber attacks cover”, it recognizes that “cybersecurity-related activities continue to be an ever-evolving risk”. Therefore, the […]

Insurance policies

How to avoid the lapse of term insurance policies?

Insurance oi-Sunil Fernandes By Nilesh Parmar | Posted: Monday August 22nd 2022, 05:38 PM [IST] Of all the life insurance products, the term plan is the easiest product to understand. A term insurance policy is purchased to provide financial security to dependents in the event of an unfortunate premature death. This continues to be the […]

Insurance policies

Higher Education and Insurance Policies

Like other policyholders, harsh insurance market trends, compounded by cybersecurity risks, climate change and COVID-19, have hit higher education policyholders, resulting in reduced or limited coverage for higher premiums. These conditions – reduced coverage and higher premiums – are symptoms of a “tough” insurance market. (A hard market is caused by a mismatch between policyholders’ […]

Insurance policies

Zero-cost term insurance policies appeal to policyholders

Published: updated on – 13:02, Sat – 20 Aug 22 Representative picture Hyderabad: Term insurance is the cheapest and most effective investment channel that provides financial protection to a family. However, there are many who feel that there is no real need or benefit for them personally. In a step that will encourage these fence […]

Insurance policies

Gilbert Commercial Automobile Insurance Policies and Costs | Online guide launched

Gilbert, United States – August 18, 2022 — In his latest online guide, the insurance expert highlights the criteria auto insurers use to determine the cost of a policy, including the intended use of the vehicle and work-related risk factors. More information is available at https://youtu.be/WMnuVklluH8 Having an auto insurance policy in place is essential […]

Insurance policies

Best Endowment Insurance Policies in August 2022 – Forbes Advisor INDIA

Death benefit The death benefit is payable to the beneficiary of the insured, if he dies during the term of the policy. The death benefit is the total of the sum insured, guaranteed supplements and premiums (if any). Maturity benefit This benefit is payable to the policyholder if the term of the contract expires. This […]

Insurance policies

Growth and jobs | Insurance policies can be a good long-term savings strategy – Blagrove | New

INSURANCE POLICIES that include an investment component are good for building resilience and are ideal as a long-term savings strategy for retirement. That’s according to Othneil Blagrove, senior sales manager at JN Life Insurance Company. “One of the purposes of the investment component of an insurance policy is to build financial resilience and is ideal […]

Insurance policies

Florida Citizens surpasses one million insurance policies

Florida residual market insurer Citizens Property Insurance Corporation has now surpassed more than one million policies, the first time it has been at this level of portfolio exposure, in terms of policy count, since 2013. Florida Citizens had added an average of 32,000 new policies to its portfolios each month through 2021. The guess rate […]

Insurance policies

All oil rig insurance policies and related documentation must be published

Dear Editor, I call on the PPP/EPA, Exxon/HESS/CNOOC government to release all insurance policies and related documentation on this contentious issue of whether oil companies have adequate oil spill insurance. Mr. Vice-President, as you would say, it is “obvious”. Civil society, environmentalists and the concerned general public have followed this simmering debate over whether the […]

Insurance policies

EPA clashes with former Head Over insurance policies for Exxon operations

The assurances given by the Environmental Protection Agency (EPA) that it is currently engaging Esso Exploration and Production Guyana Limited (EEPGL) on a total guarantee proposal of US$2 billion to supplement the US$600 million insurance policies Americans for the Liza 1, Liza 2 and Payara permits found no favor with former EPA chief Dr. Vincent […]

Insurance policies

Sham Call Center Against Seniors With Fake Insurance Policies, Busted | Gurgaon News

Image used for representational purposes only GURUGRAM: The police busted a fake call center misleading people in the name of insurance. The fake call center run by a former insurance company employee used to trick people over 50 by selling them fake insurance policies. Over the past three months, the accused had deceived more than […]

Insurance policies

4 ways to save money on car insurance policies for young drivers

Auto insurance is a major expense for vehicle owners, whether they choose to pay for it monthly or annually. Coverage varies depending on the needs of the individual, but there is a general risk assessment performed by each provider which dictates the final price. This article focuses on four different ways to save money on […]

Insurance policies

[In-depth] Be aware that these tax benefits are available on life insurance policies

By Balwant Jain Tax laws allow certain tax benefits for premiums paid for life insurance policies as well as for monies received from the life insurance company. Let’s talk. Tax advantages for the life insurance premium paid A person, whether a resident of a non-resident and a HUF, can claim a deduction for the life […]

Insurance policies

Eight Types of Home Insurance Policies | Camden Haven Courier

Eight types of home insurance policies Regardless of the size of your home, you need to protect it, hence the presence of different home insurance policies. However, the type of home determines the appropriate coverage that may meet your needs. Whether you live in a condo, mobile home or permanent residence, taking out home insurance […]

Insurance policies

Comprehensive medical liability insurance policies through professional insurance plans provide stable protection

Occupational insurance plans proudly announce that their medical liability insurance offer lasting protection in this uncertain environment. Even as quotes increase among competitors, the goal remains to provide stable and comprehensive insurance even when premiums increase. It’s no secret that insurance plans have increasing costs most years. When healthcare professionals provide services to patients, they […]

Insurance policies

New car insurance policies £129 more expensive than renewals as cost of living bites

The average annual price paid for car insurance rose by £5 in the second quarter of 2022. Photo: Getty The average policy for new car insurance customers in the UK jumped in the second quarter of the year as Cost of life the pressures are starting to squeeze households, according to a UK industry body. […]

Insurance policies

Teacher recruitment scam: a new dimension in the teacher scam. Insurance policies worth millions of rupees in the name of this movie actress

Teacher recruitment scam: Another important thing has been revealed in the West Bengal teacher recruitment scam. The ED questioned LIC officials regarding the arrest of former minister Partha Chatterjee and his close friend Arpita Mukherjee who have already been arrested in the scam case. Arpita Mukherjee has obtained LIC 31 policy documents. Their annual bonus […]

Insurance policies

3 Insurance Policies Most People Don’t Need

Image source: Getty Images Purchase insurance cover protecting assets is extremely important. But that doesn’t mean it’s a good idea to buy every insurance policy available for purchase. In fact, there are a few types of coverage that most people don’t need and are nothing more than a waste of money in the majority of […]

Insurance policies

Crypto insurance policies are ‘sprung up’ to meet frenzied demand

This year, companies are scrambling to secure cryptocurrency insurance as a hedge against catastrophic losses, paying dearly for relatively limited protection as they venture into the world of high-risk, high-reward digital assets. “We’re seeing inquiries about crypto risk and coverage from all kinds of businesses,” said Jackie Quintal, director of insurance brokerage Marsh McLennan. “Cryptography […]

Insurance policies

XINSURANCE fills gaps and exclusions in existing insurance policies

XINSURANCE offers a true umbrella insurance solution as well as the ability to offer customized solutions for limits, coverage, deductibles and premiums. A True Umbrella policy is the solution to address the weaknesses in your existing liability coverage. XINSURANCE Real Umbrella is customized for your unique needs. A True Umbrella policy offers protection to cover […]

Insurance policies

Is it necessary to take out life insurance or term insurance?

I am a 35 year old working mother with two daughters. I have not taken out a life insurance policy, but I have other investments. Is it necessary to take out life insurance or term insurance at this stage since I have no liability? —Name withheld on request Life insurance is highly recommended for working […]

Insurance policies

Experts warn car owners to read between the lines of insurance policies

CINCINNATI — Insurance experts are reminding you to read between the lines of your car insurance policy because you might not be covered for everything you think. Jack Schroder’s parked car was run over by a speeder on Orchard Street in Over-the-Rhine last month. “You can see pieces of the bumper there,” Schroder said. “They […]

Insurance policies

Digital transformation! The IRDAI plans to allow policyholders to keep insurance policies in dematerialized form, linked to a bank account | Exclusive

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Insurance policies

Wider Isn’t Always Better: Excess “Follow-the-Form” Insurance Policies and Optional Coverage Extensions – Cronos Group Inc. v Assicurazioni Generali SpA, 2022 ONCA 525

In many industries, an entity will obtain “primary” insurance coverage and “excess” insurance coverage from different insurers. Assuming the loss in question is covered, the excess policy will only be triggered if the monetary policy limits of the primary cover are exceeded by the value of the loss. In Cronos Group Inc. v Assicurazioni Generali […]

Insurance policies

Wider Isn’t Always Better: Excess “Follow-the-Form” Insurance Policies and Optional Coverage Extensions – Cronos Group Inc. v Assicurazioni Generali SpA, 2022 ONCA 525 – Insurance Laws and Products

In many industries, an entity will obtain “primary” insurance coverage and “excess” insurance coverage from different insurers. Assuming the loss in question is covered, the excess policy will only be triggered if the monetary policy limits of the primary cover are exceeded by the value of the loss. In Cronos Group Inc. v Assicurazioni Generali […]

Insurance policies

Why are insurance policies impossible to read? – Forbes Advisor

Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors. Insurance policies are not only difficult to read, they are sometimes downright impossible to understand. Just ask Lori Lugo, an elementary school teacher from Corpus Christi, Texas. She tried to renew an […]

Insurance policies

Over 80% of home insurance policies have hidden fees that could add up to hundreds of bills

NFU Mutual study finds 82% of building and content policies charge additional fees New research has revealed that more than 80% of home and contents insurance policies have hidden charges that could result in customers paying hundreds of pounds more than expected. According to insurer NFU Mutual, 82% of these policies have additional charges hidden […]

Insurance policies

Michigan orders Salvasen Health to stop selling insurance policies over licensing issues – Detroit Free Press

By Steve Heldon A company offering health insurance has been accused of selling policies to more than 2,000 Michiganders without proper licensing and failing to make timely payments on claims.The Michigan Department of Insurance and Financial Services said on Monday it issued a cease and desist order to Salvasen Health, a Houston-based company, saying it […]

Insurance policies

RTI Statement: These tax benefits are available on life insurance policies

Tax Return Filing: The ITR filing deadline for the 2022-23 tax year is approaching. Notably, the government does not plan to extend the ITR filing deadline from July 31. Therefore, it is important to ensure that you file your ITR on time to avoid penalties. To encourage savings and investment by taxpayers, the IT department […]

Insurance policies

Locals struggle to keep property insurance policies – InsuranceNewsNet

SEBRING — florida the property insurance market is in crisis, but you don’t have to say it Highland County residents who. Like other landowners in the state, local landlords receive cancellation notices from state insurance companies. Insurance Regulatory Office declared insolvent. Marc Friedlanderthe Florida analyst for the Insurance Information Institutesays Universal Property and Casualty, the […]

Insurance policies

Travel insurance policies in demand after the pandemic: survey

Demand for travel insurance policies increased in FY21-22 from pre-covid levels in FY19-20, according to a survey by ICICI Lombard General Insurance. The survey, conducted among consumers in Indian markets, analyzed the impact of the pandemic on traveler attitudes and expectations and revealed that travelers are now more receptive to purchasing travel insurance to mitigate […]

Insurance policies

Southern Fidelity cancels more than 40,000 Louisiana home insurance policies

“As we move away and hope to stay unscathed from this hurricane season, more of these companies will come back to market, I’m sure, as happened 15 years ago after Katrina and Rita,” said the commissioner. Donelon also noted that since the cancellations of the three insurers, the number of policies with the public insurer […]

Insurance policies

Can the salaried class benefit from tax advantages on health insurance policies provided by employers? To find

Opinions expressed by Entrepreneur the contributors are theirs. You are reading Entrepreneur India, an international franchise of Entrepreneur Media. Over the past few years, spending on health care has risen sharply, encompassing spending on preventive control, medical insurance, etc. With rising treatment costs, having a health insurance policy has become a necessity to lessen financial […]

Insurance policies

Important Features of Critical Illness Insurance Policies

The disease can strike anyone at any time in their life. It can affect a person emotionally, physically, and financially. When a person is affected by serious illnesses like cancer, heart attack, etc., one may have to pay a lump sum for diagnostic tests, doctor’s visits, special tests, etc. enormous financial risk. Therefore, having a […]

Insurance policies

How to apply for multiple health insurance policies

In light of the increase in infections, living conditions and unique conditions presented by the Covid-19 pandemic, an increasing number of Indians are now opting for multiple health insurance coverages to protect themselves and their families. loved ones against financial loss due to the higher cost of treatment. While this increases claims coverage and flexibility […]

Insurance policies

Irdai publishes a series of videos on different insurance policies to raise awareness

“Okay, so you both loved each other and got married. But have you ever thought whether you’re safe or settled in the real way or not? Have you done your insurance?” a grim-looking man with a worried face says to his couple of friends in a video released by the Insurance Regulatory and Development Authority […]

Insurance policies

Low-value insurance policies you’re probably better off without

Jessica Wilson is a researcher and writer who works on consumer law and other issues. OPINION: Insurance companies are constantly inventive in their efforts to attract new customers. In recent years, making products aimed at appealing to younger audiences has taken up more of their time. Among the latest offerings to emerge are income protection-type […]

Insurance policies

Wider Isn’t Always Better: Excess “Follow the Form” Insurance Policies and Optional Coverage Extensions – Cronos Group Inc. v Assicurazioni Generali SpA, 2022 ONCA 525

In many industries, an entity will obtain “primary” insurance coverage and “excess” insurance coverage from different insurers. Assuming the loss in question is covered, the excess policy will only be triggered if the monetary policy limits of the primary cover are exceeded by the value of the loss. In Cronos Group Inc. v Assicurazioni Generali […]

Insurance policies

Home Insurance Policies Refusal to Reimburse Class Action Investigation

Home insurance that refuses to reimburse: who is concerned? Has your home been damaged by trees, wind damage, or flooding from a natural disaster, but your home insurance policy has refused to pay for repairs or lowered the estimate damage ? You may need a lawyer to fight for your maximum claim. Tornadoes, strong windstorms […]

Insurance policies

Why are construction defects not covered by insurance policies? – The Irish Times

Building defects from the Celtic Tiger era affect up to 100,000 properties across the state, with a potential bill of $2.8 billion to fix the issues. Unfortunately for the owners of these buildings, there are few options when it comes to trying to find someone to foot the bill, even if an insurance policy is […]

Insurance policies

Citizens could exceed 1 million insurance policies in Florida this year

Highlighting “almost incomprehensible growth,” the president and CEO of Citizens Property Insurance Corp. said Wednesday that the state-backed insurer could have 1.2 million customers by the end of the year. Citizens, which was set up as an insurer of last resort, has received a flood of policies over the past two years as private insurers […]

Insurance policies

Citizens drop Florida property insurance policies as home replacement costs rise

Citizens Property Insurance Corp. began dropping some homeowners’ policies across Florida because the estimated price of replacing their home after a storm or fire would now exceed a $700,000 replacement value cap. designer491 Getty Images/iStockphoto As inflation drives up construction costs and property values, Citizens Property Insurance Corp. began canceling some homeowners’ policies across Florida […]

Insurance policies

Here’s when having multiple life insurance policies pays off

can you have more than one life insurance policy You are legally allowed to hold multiple life policies, although life insurance companies may be more concerned with your total benefits. Having multiple life insurance policies can give you access to more coverage and greater peace of mind. In this article, we cover what you need […]

Insurance policies

Plum partners with Volopay to offer comprehensive health insurance policies

Volopay, a corporate card and payment management company backed by Y Combinator, has partnered with Plum, an employee health and insurance platform. The partnership will allow Volopay customers to benefit from and access comprehensive insurance coverage and additional benefits such as teleconsultations and health check-ups. It will also expand access to advanced healthcare benefits for […]

Insurance policies

Best Car Insurance Policies for August 2022 – Forbes Advisor INDIA

Buying the best auto insurance policy can be a daunting task, especially when there are too many options. Below are the parameters we considered to select the best car insurance policies in India. Type of policy coverage (30% of note): It is very important to understand what type of plan to buy because each plan […]

Insurance policies

Best Car Insurance Policies for July 2022 – Forbes Advisor INDIA

Buying the best auto insurance policy can be a daunting task, especially when there are too many options. Below are the parameters we considered to select the best car insurance policies in India. Type of policy coverage (30% of note): Understanding what type of plan to buy is very important because each plan has its […]

Insurance policies

The total number of life insurance policies sold in June 2022 increased by 32%, according to data from Irdai

With Covid taking a heavy toll, the importance of life insurance suddenly came to the fore. The industry expected the numbers to rise after this difficult phase. Figures from the Insurance Regulatory and Development Authority’s latest trade statement released recently show that the industry may be moving towards this. According to data from Irdai, the […]

Insurance policies

Third Party Email Fraud Covered by Insurance Policies | Ervin Cohen & Jessup LLP

In Medidata Solutions, Inc. c. Federal Insurance Company, 268 F. Supp. 3d 471 (SDNY 2017), confirmed, 729 Fed. Approx. 117 (2nd Circuit 2018), the Court found that insurance coverage existed when a business had been the victim of an email spoofing scheme that resulted in the business transferring funds to the account of a fraudster. […]

Insurance policies

Wingsure partners with AICIL; to sell crop insurance policies via mobile app, CIO News, ET CIO

New Delhi-based Insurtech Wingsure said on Thursday it has partnered with state-owned AICIL to promote crop insurance to farmers by leveraging technology and selling policies through its mobile app. The partnership will help Wingsure access over 40 million farmers (4 crores) in India and focus on transforming how farmers mitigate and adapt to climate change […]

Insurance policies

Wingsure partners with AICIL; to sell crop insurance policies through a mobile application

Insurtech Wingsure said Thursday it has partnered with state-owned AICIL to promote crop insurance to farmers by leveraging technology and selling policies through its mobile app. The partnership will help Wingsure access over 40 million farmers (4 crores) in India and focus on transforming how farmers mitigate and adapt to climate change and other resource-related […]

Insurance policies

IRDAI approves ‘pay as you drive’ insurance policy for India

Like many other things, car insurance premiums have also increased in India over the years. This is about to change as insurance companies will soon start offering scan-based insurance where there will be a ‘pay as you drive’ option. The premium for car insurance will also depend on driving behavior. Insurance regulator IRDAI announced the […]

Insurance policies

A short but useful guide to umbrella insurance policies

Sponsored content Insurance is an essential aspect of everyday life. It’s a great decision to get insurance as soon as you can afford it. However, it can be difficult to determine which insurance is best for you. One must do proper research before opting for an insurance plan. A term you will come across often […]

Insurance policies

IRDAI allows “sophisticated” usage-based add-ons to basic auto insurance policies

The country’s insurance regulator, the Insurance Regulatory and Development Authority of India (IRDAI), has authorized general insurance companies to introduce technological concepts for engine damage (OD) coverage to offer customers usage-based insurance coverages in addition to Motor OD’s base policies. In issuing a circular on Wednesday, the regulator said the concept of car insurance is […]

Insurance policies

IRDAI Approves New Car Insurance Policies, Vehicle Use and Driving Behavior to Determine Premium

The Insurance Regulatory and Development Authority of India (IRDAI) has allowed general insurance companies to issue smart add-ons for motor insurance policies. The premiums for such policies will depend on the use of the vehicle or the driving behavior of the vehicle policy holder. IRDAI in its statement said: “The concept of car insurance is […]

Insurance policies

Four in 10 travel insurance policies offer no coverage for cancellations caused by strikes

Who? advised people to be careful when buying travel insurance ahead of a summer of expected disruption. Photo: Henry Nicholls/Reuters Up to four in 10 travel insurance policies do not cover strikes by airport or airline staff, new research shows. New consumer group data Which? evaluated 199 policies offered by 71 providers, rating them on […]

Insurance policies

All NRIs Need to Know When Settling their Mis-Sold Insurance Policies in India

Nowadays, whether it is tax saving, retirement plan, fixed deposits, buying gold or opening a new bank record, insurance plans are offered for all financial purposes. When purchasing insurance coverage, due to its complex processes, lack of financial knowledge, scam and many other reasons why policies are sold poorly. This results in immense monetary losses […]

Insurance policies

Qian launches comprehensive insurance policies for factories

Qian is one of India’s leading insurance brokers providing commercial insurance solutions Qian is a leading insurance brokerage firm based in Mumbai, India, specializing in commercial insurance solutions for businesses. In a short time, Qian has grown significantly by engaging with its customers to provide tailor-made solutions to companies seeking to mitigate the various risks […]

Insurance policies

Ford Says ‘Unfair’ Ontario Postal Code Insurance Policies Will End

Ontario motorists may soon see the end of “unfair” insurance policies with premiums based on postal codes, Premier Doug Ford said Thursday. The Ford government recently implemented driver-friendly policies by waiving license plate renewal fees, waiving some highway tolls, and reducing gas tax. But there’s another common complaint the government seems ready to tackle – […]

Insurance policies

Many UK customers are looking to downsize their insurance policies to cut costs

Almost half (48%) of UK consumers would consider cutting costs by eliminating voluntary insurance cover, according to a survey commissioned by insurance software developer Guidewire. The survey also found that travel insurance was the type of cover identified by respondents as most likely to be dropped, with almost one in five respondents (18%) indicating that […]

Insurance policies

Advisor360° showcases new beneficiary capability for insurance policies

WESTON, Mass.–(BUSINESS WIRE)–Advisor360°, a software-as-a-service (SaaS) provider of embedded technology for the wealth management industry, today announced a major multi-product enhancement to its existing Beneficiaries capability. Financial advisors are now able to view and report on their clients’ beneficiaries on Insurance products, in addition to deposit and investment accounts, in one view. “Having consolidated beneficiaries […]

Insurance policies

Here are some lesser known insurance policies

Following a huge fire in London, Nicholas Barbon established the first fire insurance company in 1666 AD. Since then, the insurance market has only expanded into new sectors. Beneficiaries of insurance policies enjoy financial coverage in case of unfortunate events, such as injuries, accidents, and business losses, among others. Instead of this financial coverage, people […]

Insurance policies

More people are buying travel insurance policies after Covid-19, industry insiders say

Travel has changed after the pandemic. It now comes with that lingering fear of catching Covid-19, which could mean an extended stay or even hospitalization in a foreign country upsetting travel plans. This is the reason why more people are buying travel insurance policies than before. “We have seen healthy growth in international travel insurance […]

Insurance policies

TDCI reminds consumers to review their insurance policies and coverage on National Insurance Awareness Day

NASHVILLE – Ahead of National Insurance Awareness Day on June 28, 2022, the Tennessee Department of Commerce and Insurance (“TDCI”) reminds Tennessee residents to use this day to review their insurance policies, evaluate their risks and ensure that their policies are sufficient coverage for their needs. “Life changes such as the birth of a child […]

Insurance policies

Find out what health insurance policies don’t cover; Be sure to check exclusions before purchasing

With the rising medical costs, increasing number of illnesses and high inflation rate, having a health insurance policy has become mandatory. Adequate health insurance can ease the financial burden during a medical emergency, should one arise. However, when selecting a health insurance plan, you must ensure that the policy covers your specific needs. Insurance advisors […]

Insurance policies

TDCI reminds consumers to review their insurance policies and coverage on National Insurance Awareness Day – WYSH AM 1380

(TDCI) Ahead of National Insurance Awareness Day on June 28, 2022, the Tennessee Department of Commerce and Insurance (“TDCI”) reminds Tennessee residents to use this day to review their insurance policies, assess their risks and ensure that their policies provide sufficient cover for their needs. “Life changes such as the birth of a child or […]

Insurance policies

Watch these angles of car insurance policies as Covid restrictions ease

Driving a car without insurance is illegal, according to the Motor Vehicle Act. Auto insurance provides consumers with a financial cushion in the event of an accident, theft or damage to the vehicle caused by natural calamity or any other reason. Over the past couple of years people have limited their trips due to Covid […]

Insurance policies

County commissioners review new health insurance policies – InsuranceNewsNet

BEDFORD — The Lawrence County Board of Commissioners reviewed the health insurance proposals at Tuesday morning’s meeting at the Lawrence County Courthouse. Miles Parker of Bedford-based Parker Group, a company providing insurance and benefits services, presented the commissioners with two different proposals. The recommendations were presented to the commissioners after Parker held several meetings with […]

Insurance policies

Life insurance companies may soon be allowed to sell health insurance policies

The Insurance Regulatory and Development Authority of India (IRDAI) is planning to bring about a policy change in the operation of life insurance companies, allowing them to offer health insurance policies to buyers. According to IRDAI, this could reduce health insurance premiums and increase its reach among many Indians. A recent report by RedSheer Consulting […]

Insurance policies

Life insurance companies may soon be able to offer health insurance policies: report

The Insurance Regulatory and Development Authority of India (Irdai) plans to allow life insurance companies to offer health insurance policies and is expected to release draft guidelines soon, according to a media report. The move is expected to reduce premiums and increase access to affordable health coverage. “Life insurance companies inherently get more customers than […]

Insurance policies

Best health insurance policies in June 2022 – Forbes Advisor INDIA

For our Forbes Advisor India ratings, we considered the following key factors that help consumers decide whether to opt for a specific health policy. We have ranked these best mutuals based on these parameters: Insured amount (20% of score): When analyzing the plans mentioned above, we first checked the coverage offered by these plans. Select […]

Insurance policies

PhonePe sells over a million two-wheeler insurance policies on its platform

Walmart-owned digital payments company PhonePe said it has sold more than 1 million two-wheeler insurance policies on its insurance brokerage platform since the product launched. The company also said more than 75% of all insurance purchases came from Tier 2 and Tier 3 cities, showing wide adoption of its offerings in non-metro […]

Insurance policies

Covid uncertainty doubles demand for travel insurance policies: report

There was a spike in demand for travel insurance policies in FY21-22 from pre-covid levels in FY19-20 amid fears of another wave of Covid -19, according to a study by Go Digit General Insurance between April 2019 and March 2022. According to the report, Digit sold over 12.8 lakh travel policies in FY21-22, a jump […]

Insurance policies

India’s Best Health Insurance Policies in 2022 – Forbes Advisor INDIA

For our Forbes Advisor India ratings, we considered the following key factors that help consumers decide whether to opt for a specific health policy. We have ranked these best mutuals based on these parameters: Insured amount (20% of score): When analyzing the plans mentioned above, we first checked the coverage offered by these plans. Select […]

Insurance policies

How Natural Disasters Affect Community Associations: Insurance Policies and Claims Filing by Mike Stonestreet

Natural disasters can have a significant impact on community associations. One of the biggest issues associations face after a natural disaster is knowing when and how to file insurance claims. In this article, we will discuss how storms affect community associations and the role of different types of insurance coverage regarding filing claims, charging deductible, […]

Insurance policies

Sell ​​life insurance policies? You may be under the NCDRC’s radar. here’s why

The Insurance Regulatory and Development Authority of India (IRDAI) has been commissioned to look into the role of insurance agents selling life insurance policies. The National Consumer Dispute Redress Commission (NCDRC) has asked the insurance regulator to issue new guidelines on insurance agent conduct and responsibilities. IRDAI has been urged to issue new guidelines and […]

Insurance policies

Cape Coral homeowners still frustrated as insurance policies continue to rise

CAPE CORAL, Fla. — Many Cape Coral residents we’ve heard from said they’re frustrated not only with insurance requirements, but also with rates rising so quickly. Tuesday night’s town hall panel was made up of insurance agents and state officials trying to respond and explain how these bills can help. “At the end of the […]

Insurance policies

Ghanaians urged to take full advantage of insurance policies

Economic news for Tuesday, June 7, 2022 Source: www.ghanaweb.com 2022-06-07 Dr. Justice Yaw Ofori, NIC Insurance Commissioner Improving Insurance Penetration in Ghana – NIC Association of Ghana Insurers and Graphic Business collaborate for this year’s Insurance Awareness Month Buying insurance should be done voluntarily and with joy NIC Insurance Commissioner, Dr. Justice Ofori, highlighted the […]

Insurance policies

Non-Payment Insurance Policies – Drafting Tips for Policyholders | Sullivan and Worcester

In the latest edition of Sullivan’s webinar series, Marian Boyle, Head of Insurance and Dispute Resolution at Sullivan’s London office, discussed the key clauses found in Comprehensive Non-Payment Insurance (NPI) Strategies. She gave policyholders practical advice on what to look for in NPI formulations and provided examples of how the obligations imposed by NPI policies […]

Insurance policies

exports: how to obtain different export insurance policies

One thing the pandemic has taught everyone is uncertainty. This has given increased importance to the insurance business. Furthermore, given the disruption in the global supply chain, it is now essential for exporters to ensure that they mitigate the consequences of delays and prepare for such uncertainties. Insurance policies can be of utmost importance here. […]

Insurance policies

Legal conditions and “reasonable precautions” in insurance policies – what’s the difference?

The Victoria Court of Appeal recently concluded that compliance with statutory conditions is not an absolute requirement under a liability policy, as long as an insured has taken ‘reasonable care’. In question In the recent case of Certain Lloyd’s of London insurers v Dhillon Scaffolding Pty Ltd [2022] VSCA 92, the Court of Appeal had […]

Insurance policies

Understanding the Complexities of Directors’ and Officers’ Liability Insurance Policies in China – Commentary

IntroductionHow does A&D liability insurance work?What are the limits of liability insurance for D&D?What laws govern Chinese A&D liability insurance?Comment Introduction Directors and Officers (D&Os) bear responsibility for many of their company’s activities, especially when those companies are publicly traded. In many cases, D&Os face significant legal exposure based simply on their: Signature; role and […]

Insurance policies

Insurance Care Direct Responds to IRS Summons on Insurance Policies Underwritten by Company

Company executives have fully cooperated with the IRS – Company looks forward to an out-of-court resolution DEERFIELD BEACH, Florida., June 6, 2022 /PRNewswire/ — Insurance Care Direct (ICD), one of the nation’s leading health benefit providers, today released the statement below in response to a subpoena lawsuit filed in federal court against corporate executives last […]

Insurance policies

4IR can help popularize insurance policies, reduce operational costs, expert says at seminar

FE REPORT | Published: Jun 06, 2022 10:51:29 a.m. | Updated: Jun 07, 2022 10:04:46 a.m. Inclusion of Different Fourth Industrial Revolution (4IR) Modules in Insurance Industry Could Popularize Various Insurance Policies Among Customers and Minimize Operational Costs for Insurers, Says Keynote Speech Presented at Seminar sunday. The paper also indicates that 4IR elements such […]

Insurance policies

What are the different types of health insurance policies in India?

In an emergency, a person not only needs emotional support, but also financial support. Health insurance helps bear the costs of increased medical expenses by paying for coverage, so the main question that arises is what type of policy should be selected from the pool. There are different policies available from different insurance companies, it […]

Insurance policies

NMI urged to provide affordable health insurance policies

Image Nationwide Medical Insurance (NMI) Executive Chairman Nana Awuah – Darko Ampem II urged employees to consider the health needs of individuals and families and provide them with affordable health insurance policies.According to him, this will allow NMI to realize its vision of becoming the leading financier of health services in the private medical sector. […]

Insurance policies

Irdai publishes draft anti-money laundering rules for the sale of insurance policies

To improve the AML/CFT process, IRDAI has developed a new draft guideline for insurance companies to follow in their sales and operations going forward. These guidelines will be referred to as the Master Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) Guidelines for All Insurers. Once implemented, customers purchasing insurance policies will also need […]

Insurance policies

Cybercrime insurance policies do not protect you against cyberattacks

Are you happy with ransomware attacks because you have cyber insurance? It is estimated that approximately 60% of businesses in the United States infected with ransomware lack the proper cybersecurity systems and procedures for this very reason. Australian companies can learn from what is happening there. Many Australian companies have cybersecurity liability insurance policies that […]

Insurance policies

Cyber ​​insurance policies are getting expensive amid rising hacks and lawsuits

An increase in data breach litigation and skyrocketing costs from ransomware attacks and other cybercrimes are making it harder and more expensive for businesses to purchase insurance policies that help them cover financial losses. The changing insurance market and disagreements over policy exclusions are also causing legal uncertainty, leaving companies and policy providers fighting in […]

Insurance policies

4 types of insurance policies everyone needs

We can’t prevent the unexpected from happening, but sometimes we can protect ourselves and our families from the worst financial fallout. Many types of insurance are available, but no one wants to spend more than necessary. Selecting the right type and amount of insurance should always be based on your specific situation. Factors such as […]