In auto insurance policy, if we do not take any claim in the first year, then the insurance company gives a discount in the premium next year
There are two problems before IRDA. First- less companies and second more people. A country like India needs more insurance companies and products
According to the money9 survey that covered more than 100 districts in 20 states, only 19% of the country's families have bought insurance
Looking at purpose of credit card use, 50% use for buying grocery, 47% for fuel, 38% for garments and 33% for paying student's fees
If your friend, family or relative is mentally ill then this is how IRDAI can give relief to them. Watch this video...
What percentage of families feel that life insurance is a good means of saving for retirement?
All new insurance policies will be issued in demat format. Know the reason behind this move and how it will make life easier for the policyholder.
Multi-year health insurance plans offer several advantages such as premium discounts, cushioning from premium revisions in subsequent years etc
Multi year health policy saves money but is also hazardous in some circumstances . Understand the pros and cons in this episode of Take It Easy
If the policy is closed before maturity, then it is loss for the insured. Only a small part of the premium paid is returned to you