Renewing your car insurance is more than just maintaining coverage—it’s a chance to enhance protection. Thanks to the ease of car insurance renewal online, many vehicle owners are now considering add-ons to customise their policies.

When most of us consider purchasing insurance, health insurance is what immediately comes to mind. We hear that the cost of medical services, constant hospital bills, operations, and doctor visits is expensive. But take a moment to think: term life insurance should be your initial insurance policy, not health.

CHANDIGARH: In a pathbreaking move to ensure universal access to quality healthcare services, Punjab Health and Medical Education and Research Minister Dr Balbir Singh on Tuesday, hailed the enhanced budget allocation in the Health and Medical Education sectors as “transformational” for the crucial sector. He particularly lauded the decision of the Chief Minister Bhagwant Singh Mann led Punjab Government to cover every citizen of the state under Mukh Mantri Sarbat Sehat Bima Yojna and double the insurance cover from Rs 5 lakh to Rs 10 lakh per family annually.

AMRITSAR: The Post-Graduate Department of Commerce and Business Administration, Khalsa College, Amritsar (KCA) commenced 4th Batch “Certificate Programme in Banking, Finance and Insurance (CPBFI)” in collaboration with Bajaj Finserv Ltd. This programme is a part and parcel of MoU signed between Khalsa College Amritsar and Bajaj Finserv Ltd. to impart practical training and essential skills to the students with a view to create employment opportunities for them in Banking, Finance and Insurance Sector. This programme is certified by National Skill Development Corporation, Government of India.

Choosing the right life insurance policy can be confusing, especially with so many options available. If you're wondering which policy suits your needs, understanding the different types of life insurance in India is essential. Whether you want pure protection, savings, or investment benefits, each policy offers something unique. This guide will help you explore various life insurance plans, their features, and who they are best suited for. By the end, you’ll have a clear idea of which policy aligns with your financial goals, ensuring long-term security for you and your loved ones. Let’s break it down step by step.

NEW DELHI: While the high capital intensity of the life insurance sector necessitates substantial investments to sustain growth, the increase in FDI limits will provide the much-needed capital boost to the sector, enabling insurers to expand their mortality coverage and increase penetration, according to a report released by rating agency ICRA on Wednesday.

Life insurance is an essential financial tool that ensures the security and well-being of your loved ones in the event of an unforeseen circumstance. The right life insurance plans provide not only financial protection but also long-term benefits, including wealth creation, retirement planning, and tax savings. This article explores some of the best life insurance plans that offer long-term benefits and financial security.

Term life insurance is something that you may need early in your financial journey. This is mainly because these plans promise to keep your family financially safe in case you pass away suddenly. Let’s check a few situations where these plans come in handy.

SAN DIEGO: Korea’s K.H. Lee has turned his bogey course into a hunting ground after charging into tied fourth place following a third round 4-under 68 at the Farmers Insurance Open on Friday.

Unit Linked Insurance Plans (ULIPs) offer a unique blend of investment and insurance, providing both financial security and growth potential. However, maximising the benefits of a ULIP plan requires active and informed management. This article will serve as your guide to effectively monitor your ULIP, ensuring your investment aligns with your financial goals and maximises returns while minimising risks.

Like an entrepreneur, work requires performing different roles because managing clients and administering a business tend to make every day an action-filled one. With this distraction, one can easily forget to ensure future financial security.

NEW DELHI: The micro-insurance premiums in the life insurance sector in the country has surpassed Rs 10,000 crore for the first time in FY24, according to industry data.

NEW DELHI: As the 55th meeting of the GST Council was set to begin in Jaisalmer on Saturday, chaired by Union Finance Minister Nirmala Sitharaman, the proposed rate cut on health insurance premiums and the inclusion of Aviation Turbine Fuel (ATF) under the GST ambit would be among the key focus areas.

NEW YORK: Federal prosecutors have slapped murder charges against the accused killer of a health insurance firm CEO making him liable for the death penalty.

NEW DELHI: More than 21 crore people have benefited under the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) scheme that provides life insurance coverage, said the Ministry of Finance.

One of the most critical responsibilities in your life is to secure your family’s future. Through a term insurance policy, you can fulfil this important responsibility. But the insurance market is flooded with different options, and each option comes with varying conditions, benefits and coverage. So, how can you be sure that you are making the right choice of term plan for you? Here are some factors to consider when comparing and making the final choice of term plan for you and your family.

PANIPAT: Saying ‘insurance for all’ is a key to social security and crucial to eradicate poverty, Prime Minister Narendra Modi on Monday launched the ‘Bima Sakhi Yojana’ from this city in Haryana from where he launched ‘Beti Bachao Beti Padhao’ on January 22, 2015.

NEW YORK: The wife of the slain CEO of the largest US health insurance company has said that he had received death threats as police scrambled to find the man who brazenly shot him in mid-Manhattan.

NEW DELHI: Promising clean drinking water and 10,000 new e-buses for Delhi, city BJP Manifesto Committee chairman Ramvir Singh Bidhuri on Monday announced that the party’s new government after Assembly elections will promptly implement the Ayushman Bharat health insurance scheme.

CHANDIGARH: Taking yet another significant step to ensure the welfare of Health staff, the National Health Mission (NHM) Punjab has signed a Memorandum of Understanding (MoU) with the Indian Bank to provide cashless medical insurance coverage to its 8,000 medical, paramedical and other staff engaged in delivering essential health services.

CHANDIGARH: Punjab Finance, Planning, Excise and Taxation Minister Advocate Harpal Singh Cheema on Tuesday assured the representatives of the Punjab AIDS Control Employees Welfare Association that adequate life insurance coverage will be provided to the employees of the society after consultations with various banks. This assurance was given during meetings with the Punjab State Karamchari Dal, Computer Teachers Unions, and Punjab AIDS Control Employees Welfare Association at his office.

CHANDIGARH: Punjab Finance, Planning, and Excise Minister Advocate Harpal Singh Cheema on Monday announced today that the Punjab Mid Day Meal Society has signed an agreement with Canara Bank, under which mid-day meal cooks and helpers will be insured free of cost.

NEW DELHI: Insurance sector in India grew at an impressive 15 per cent compound annual growth rate (CAGR) over the past two decades, with premiums reaching Rs 10.4 lakh crore in FY23, and there is immense potential for growth that remains untapped, industry experts said on Wednesday.

IDV stands for insured declared value, and it is one of the major things a buyer will encounter when purchasing car insurance. While it might sound like another piece of jargon, understanding IDV is crucial for ensuring that your vehicle is adequately insured and that you receive a fair payout in the event of theft or total loss. 

Choosing the correct term insurance plan is critical, especially if you're planning for your family's financial future. Finding the finest term insurance plan in India, whether for yourself or your parents, can be stressful due to the abundance of alternatives. But do not worry! A term insurance calculator can assist make the process simpler and faster.

You’ve finally purchased the two-wheeler you’ve been dreaming about, and the excitement of riding through the streets is unmatched. However, there’s one essential task left: buying two-wheeler insurance. With the rising number of accidents, the insurance regulator now mandates multi-year insurance, five years of third-party liability coverage in case of new vehicles, to be precise. But is a long-term policy truly beneficial? If yes, what should you consider before choosing one? Let’s explore this in the article below:

Term insurance is the most accepted and widely available type of life insurance. When obtaining a term plan, the policyholder must pay a premium in return for the life insurance provided by the policy. The policy premium rate of the policy is determined by a number of elements, which differ from plan to plan. As a result, the Term Insurance Calculator comes in handy to assist consumers in calculating the premium rate of the insurance.

‘How to save tax’ is a common question that arises when doing financial planning. It may have a dual purpose if done correctly: it can help people reach their financial objectives while also saving them money on taxes. Most people are unaware that there are several sorts of tax-saving investments available in the market. Furthermore, with growing medical expenditures, everyone needs adequate insurance or medical coverage. Other than tax-saving insurance policies, this dual advantage is uncommon among tax-saving products.

There are many different types of insurance policies that can often leave us confused. You may have heard of term insurance plan or read about benefits of health insurance during your research about insurance products and wondered which one to buy. 

The word Group Insurance refers to an insurance plan that covers a group of individuals, most often workers of a company or members of an organization. The benefits are determined by the policy statement published to the business or an association. The group insurance policy might be health insurance, life insurance, or any other sort of personal insurance coverage. Let us shed some light on the various sorts of group insurance plans available in India in this post.

NEW EDELHI: Prime Minister Narendra Modi will address a programme on "Depositors First: Guaranteed Time-bound Deposit Insurance Payment up to Rs 5 Lakh" on Sunday in Vigyan Bhawan.

CHANDIGARH:Sarbat Sehat Bima Yojna (SSBY), the health insurance scheme run by the Government is running successfully in the state and it's ambit would be enlarged to cover additional 1.5 million families.

CHANDIGARH: Fulfilling his government’s universal healthcare poll promise, Punjab Chief Minister Captain Amarinder Singh on Friday announced free insurance cover for the 15 lakh families who were earlier not included in the ambit of the Ayushman Bharat-Sarbat Sehat Bima Yojana (AB-SSBY).

In today's day and age, insurance policies need no introduction as the dire need to have a policy has been felt by one and all, especially in recent times. The past year has been an eye-opener for most individuals who have yet to figure out their financial planning for the future and secure their family's future as well.

GURDASPUR:The Punjab Government has given an opportunity to the farmers and their families to apply for the treatment facility up to Rs. 5 lakh under Sarbatt Health Insurance Scheme till August 15.

CHANDIGARH: Punjab Government has decided to bring nearly 8.5 lakh farmers and their families under the ambit of the health insurance cover in line with the ‘Ayushman Bharat Sarbat Sehat Bima Yojana’ for the year 2021-22. Besides, all the farmers having ‘J’ forms and ‘Sugarcane Weighment Slips’ would be eligible for this health scheme.

CHENNAI: The four government owned non-life insurers will pay ex-gratia of Rs 10 lakh to the nominees of the employees who died due to Covid-19, a top leader of the General Insurance Employees All India Association (GIEAIA) said.

GURUGRAM: The Gurugram police have arrested four persons including a bank employee for allegedly creating fake documents to claim the life insurance policy of a doctor worth Rs 10 crore in Gurugram.

NEW DELHI: In a big boost to FDI inflows and the insurance sector, Finance Minister Nirmala Sitharaman on Monday announced increase of FDI limits from 49 per cent to 74 per cent.

NEW DELHI:The Supreme Court has said that a contract of insurance is of utmost good faith and a proposer who is keen to obtain a policy of life insurance is duty-bound to disclose all material facts.

NEW DELHI:The Insurance Regulatory and Development Authority of India (Irdai) has directed all life insurance companies to offer a standard term insurance plan – Saral Jeevan Bima – from January 1 next year.

AMARAVATI:Andhra Pradesh Chief Minister Y.S. Jagan Mohan Reddy on Friday formally launched the free crop insurance scheme for farmers, announced last year.
The scheme has resulted in a steep increase of the covered area and the likely insurance claims reaching Rs 1,801 crore.

CHANDIGARH:In a gesture of appreciation towards the services of the exceptional order rendered by its employees as frontline fighters against Covid-19, the Cooperation Department today handed over the insurance claim amount of Rs. 25 lakh each to the family members of the three employees who lost their lives battling the pandemic.

BENGALURU: Keeping the upcoming festive season and growing online frauds in mind, Flipkart on Tuesday announced a partnership with Bajaj Allianz General Insurance Company to offer ‘Digital Suraksha Group Insurance for customers in the country.

NEW DELHI:With around 40.35 crore beneficiaries now covered under the Pradhan Mantri Jan Dhan Yojana (PMJDY), the Centre now plans to get the account holders covered under micro-insurance schemes PM Jeevan Jyoti Bima Yojana (PMJJBY) and PM Surakhsha Bima Yojana (PMSBY).

The absence of COVID-19 vaccine and specific treatment has caused a frenzy worldwide and thus, getting through this pandemic safely is the need of the hour. With over 21 million cases, our world fights an unknown battle where each person can only help by maintaining social distancing& active personal hygiene, along with financial preparedness

CHANDIGARH:While extending the Ayushman Bharat – Sarbat Sehat Bima Yojana (AB-SSBY) for one year, the Punjab Cabinet on Wednesday decided to bring state government employees/pensioners and employees of non-government organized sectors, including private sector/boards and corporations, into the fold of the health insurance cover.

CHANDIGARH: To bring 9.5 lakh farmers and their families into the ambit of the health insurance cover under the ‘Ayushman Bharat Sarbat Sehat Bima Yojana for the year 2020-21, the state government has extended the last date to submit the applications under this scheme till August 5, 2020.

CHANDIGARH:Punjab Chief Minister Captain Amarinder Singh on Thursday gave the go-ahead to bringing a total of 9.5 lakh farmers and their families into the ambit of the health insurance cover under the ‘Ayushman Bharat Sarbat Sehat Bima Yojana for the year 2020-21, as against around 5 lakh covered in the previous year.

NEW DELHI:Leading digital payments platform Paytm along with its founder Vijay Shekhar Sharma on Monday announced the acquisition of Mumbai-based private sector general insurance company Raheja QBE, to democratize general insurance services in the country.

MUMBAI:A new startup venture, 'Bima Mandi' hopes to digitize and provide access to insurance and financial services for those living in rural areas, the promoters said here on Saturday.

NEW DELHI:A man here hired a juvenile to kill him so that his family could get claim his insurance money, police said on Monday.
The body of ration shop owner Gaurav Bansal, 37, was found hanging from a tree near Kheri Baba Pul in Ranhola area of outer Delhi on June 10.

NEW DELHI:The Business Correspondents Federation of India has sought financial support from the Centre amid the COVID-19 crisis.
During a recent webinar, it has demanded Rs 5,000 per month per business correspondent from the Central government with effect from April 2020, along with health and life insurance cover for their uninterrupted services during the inconvenient times and most uncertain times for the next six months.

 BENGALURU:A city duo creating and selling fake documents looking like genuine motor vehicle insurance and registration cards has been arrested, an official said on Wednesday.

Financial advisers have been expecting an increase in the demand for health insurance plans, keeping the current coronavirus pandemic in mind. Yet there are no ways of measuring the impact this disease might have on the premium rates for specialized medical plans.

CHANDIGARH: To boost the morale of Government staff in battle against COVID-19, the Punjab Cabinet led by Chief Minister Captain Amarinder Singh has urged the Centre to provide insurance cover to all officers/officials working relentlessly for containment of corona virus across the state.

CHANDIGARH: The Punjab Government on Saturday announced special health insurance cover of Rs 50 lakhs each for the police personnel and sanitation workers in the frontline of the battle against COVID-19, on the lines of that announced for health workers by the Centre.

The internet has changed the world drastically and made all those tasks hassle-free,which were difficult to perform. Today, most of the things are purchased online. Be it anything- right from grocery to electronics, you have to go to the online merchant, add the desired item to the cart, make a payment, and the item is delivered to your preferred address. BFSI is one of the major sectors where people usually get trouble to perform anticipated tasks. Everyday banking is available now over the phone and the internet. However, the most awaiting- insurance was also made available through the internet, which not only helps people to buy online life insurance but also saves their hard-earned money. How? Continue reading-

AMRITSAR: In a major breakthrough, the Tarn Taran police have solved the mystery behind the fake murder of Anoop Singh, who had plotted his own murder with the ulterior motive getting over Rs. One crore loan waiver and life insurance claim.

MORADABAD(Uttar Pradesh):The Special Task Force (STF) of the Uttar Pradesh Police has busted a gang that duped insurance companies by getting policies issued in the name of dead people and later claiming the money.

In India, the logistics business has hugely expanded due to the significant growths in the Indian Economy. There are various types of logistics businesses available but these days, the transportation through roadways is on the rise in comparison to transportation through marine routes.

Life is uncertain, and so are the healthcare problems that an individual may suffer. It is one reason why people buy health insurance in India. They can get the required financial backup in case of medical emergencies by opting for one of the best health insurance plans with adequate coverage. Most of the people know about the primary benefits of these plans – The insured pay the premium to the chosen insurance company regularly and get the financial aid in return in case of a medical contingency. However, you do not only get medical benefits on buying health insurance, but much else. Another significant benefit is of substantial tax exemption under Section 80D of the Income Tax Act, 1961.

MOHALI: Management Club, University School of Management (USMS) at the Rayat Bahra University organized a panel discussion on “What the Insurance Sector has to offer to Millennials”.

 NEW DELHI: Ride-sharing major Uber has joined hands with Bharti AXA General Insurance and TATA AIG to offer rider insurance to riders at without any extra cost.

NEW DELHI:  As part of its strategy to leverage the deep penetration of mobile services to build a financially secure India, domestic telecom major Bharti Airtel has partnered with Bharti AXA Life Insurance to offer prepaid plan with insurance protection cover to all its customers across the country.

CHANDIGARH: The Punjab and Chandigarh Journalist's delegation today met Health & Family welfare Minister Mr.Balbir Singh Sidhu at his residence to express gratitude for including them in the ‘Ayushman Bharat-Sarbat Sehat Bima Yojana’ as sixth category.

CHANDIGARH: Paying Rich tribute to the former Prime Minister of India Rajiv Gandhi, Punjab Government launched Sarbat Sehat Bima Yojana in the State of Punjab, covering more than 85 per cent of the population.

MUMBAI:  Lending major State Bank of India (SBI) will divest four per cent stake in SBI General Insurance company for Rs 481.73 crore post regulatory approvals