Further, in a bid to promote environment friendly vehicles, the draft notification has proposed a 15 per cent discount for electric private cars, electric two wheelers, electric goods carrying commercial vehicles and electric passenger carrying vehicles.
🔴 The health sector has become the fastest growing segment in the insurance sector after the pandemic hit
According to data released by Irdai, total motor business premium fell to Rs 22,253 crore in the five months ended August 31, 2020 from Rs 26,406 crore in the year-ago period.
The Irdai committee has said drone insurance coverage can be broken into three sets — physical damage or loss to drone due to various contingencies, third party liability arising due to usage of drone and any additional coverages.
According to Irdai, empanelled hospitals and network providers can offer health services such as outpatient consultations or treatments, pharmaceuticals, health check-ups/diagnostics including discounts under the policy.
While buying a health cover is easy and simple, choosing the right health insurance plan is important. IRDAI approved portal - PolicyX.com is offering a wide range of health insurance plans to choose from. However, below are a few important things to look at to ensure you end up buying the right plan.
Be it kids' expenses on education or marriage of grown-up children, or your own healthcare you can have your wingman right now. All you need is the support of a wingman who will stick by you through the ups and downs.
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You can claim tax deductions under Section 80D of the Income Tax Act for the additional health insurance policy that you purchase for either of your parents aged 60 years and above. The maximum amount of deduction allowed for such medical health insurance is capped at Rs 30000 per year.
The Irdai notification has come as a major relief for the community of patients, activists and doctors working on mental health in India.
“In order to gauge the magnitude of the loss, all non-life insurers (including standalone health insurers) are advised to submit information relating to insurance claims in Kerala on a daily basis,” Irdai said.
The case pertained to the kidnapping of a teacher, Manoj Kumar, on November 26, 2014. Kumar's body was recovered from a spot near a school the next day.
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If you choose the right kind of product within this investment option, it can grow your monthly savings into a comfortable retirement sum.
If you think 20s is too early to consider financial planning and insurance, then you couldn't be more wrong.
Some insurers have already dropped rates and others may follow soon.
If you want an insurance plan that would cover untimely death, you can avail a 'term plan', also referred to as 'Pure Protection' plan.