How to Avoid Insurance Claim Rejections: Insurance claims are designed to provide financial protection when unexpected challenges arise. Whether it’s a medical emergency, vehicle damage, or property loss, policyholders rely on insurance companies to cover their expenses. However, many claims get rejected due to various reasons, leaving individuals in a stressful financial situation. The frustration…
Motor Insurance in India: India’s motor insurance industry is witnessing a paradigm shift, thanks to recent regulatory reforms spearheaded by the Insurance Regulatory and Development Authority of India (IRDAI). These transformative changes aim to simplify, standardize, and modernize the motor insurance ecosystem to make it more consumer-centric and technologically advanced. With the rise of connected…
Gift of Protection: As time passes, roles often reverse in the relationship between parents and children. The same father who once protected us from life’s uncertainties may now need that same shield. This Father’s Day, instead of a conventional gift, why not present him with something truly meaningful — the gift of insurance? In a…
Kerala High Court Clarifies: In a significant judgment that sets a precedent for insurance-related litigations, the Kerala High Court recently ruled that an insurance company is not obligated to issue a separate notice of cancellation if an insurance policy is canceled immediately after its issuance, especially when the insured party is aware of the cancellation….
Government to Enable Value-Added Services in Insurance: In a significant move aimed at modernizing and broadening the scope of the insurance sector in India, the Ministry of Finance is expected to introduce a key amendment to the Insurance Act during the upcoming Monsoon Session of Parliament in July 2025. The amendment seeks to formally allow…
Women-Specific Insurance Products Witness Steady Growth in India: India is undergoing a transformative shift in how women access and perceive financial security, especially through women-specific insurance products. As more women become financially independent, their demand for tailored financial protection has grown significantly. Insurance companies have taken note, introducing a wide range of products designed specifically…
Govt to Bring Open Architecture for Individual Insurance Agents: In a significant move towards liberalizing and modernizing India’s insurance sector, the Indian Government is all set to introduce an open architecture model for individual insurance agents. The proposal comes as part of the upcoming Insurance Act Amendment Bill, aiming to unlock new opportunities and bring…
At Multi-Year Highs: On May 23, 2025, four prominent stocks from the Nifty500 pack achieved a significant technical milestone — they closed at their 5-year swing highs, according to StockEdge.com’s technical scan data. This event marks a noteworthy turning point for these stocks and may signal a bullish trend. A 5-year swing high is not…
Insurance Illusion: A recent survey conducted by InsurTech platform CoverSure has brought to light a startling revelation: 79% of Indian policyholders are unsure whether their current insurance policies offer adequate coverage. Released ahead of National Insurance Awareness Day on June 25, the survey draws attention to a growing crisis of insurance illiteracy and under-insurance in…
