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Finance - A stark increase in the number of vehicles on the road and people not following the traffic rules can lead to traffic jams and road accidents. Therefore, in this day and age, it is always better to stay prepared for the unexpected. Whether it is your fault or someone else’s, an accident can lead to […]...
Read MoreFinance - It is rightly said, Take care of your body, its the only place you have to live in. Your health needs to be nourished for which it needs to be well taken care of. With the rise in technology, the rise in diseases have also shot up drastically....
Read MoreFinance - Smart people take risks while the ignorant ones wait for it. Life is a risky business. You never know when it will hit you harder. So better to be prepared. Women across the world are always perceived as better planners in comparison to their male counterparts....
Read MoreFinance - In the cases of persons covered under the above categories having a total income exceeding Rs. 50 Lakh but up to Rs. 1 crore, the income tax as calculated above be increased by a surcharge at the rate of 10 per cent of such income- tax. If such income exceeds Rs. 1 Crore, rate of surcharge will be @15%....
Read MoreFinance - Why buy health insurance? In spite of being an important part of the general insurance portfolio, a mediclaim policy isn’t something that every Indian purchases. I fact, less than 10 percent people in India have health insurance, and approximately 72 percent of the Indians are spending out-of-pocket for the health care costs, according ...
Read MoreFinance - (i) All insurers are required to display the information about any unclaimed amount above Rupees 1000/- of Policyholders in their respective web-site. (ii) A facility shall be given in the web-site of the insurer to enable Policyholders / or its dependents to find out whether any unclaimed amounts due to them are lying with the insurer....
Read MoreFinance - Performance of private insurance companies are assessed through the following: - i.) Analysis of the financial statements and corporate governance report of the insurance companies on annual basis. ii.) Analysis of the statement of expenses of management and payment of commission on an annual basis....
Read MoreFinance - A survey, conducted by Apollo Munich Health Insurance in collaboration with Nielsen India Pvt. Ltd. in 19 cities found that despite a rise in health insurance claims filed by women, few women are coming forward to buy health insurance....
Read MoreFinance - Government’s policy of insuring the uninsured has gradually pushed insurance penetration in the country and proliferation of insurance schemes are expected to catapult this key ratio beyond 4 per cent mark by the end of this year, reveals the ASSOCHAM latest paper....
Read MoreFinance - Sachin Tendulkar, who was also the master mentor of the initiative, said, Aviva and I have worked together on various initiatives that have helped identify the aspirations of Young India. I had an early start in my career due to the support of my family. India, today, is buzzing with many bright minds and I am very happy to partner person...
Read MoreNotification No. G.S.R. 413(E) - (25/04/2017) - These rules shall be called the Insurance Ombudsman Rules, 2017. The objects of these Rules is to resolve all complaints of all personal lines of insurance, group insurance policies, policies issued to sole proprietorship and micro enterprises on the part of insurance companies and their agents and ...
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