Tamil Nadu Government Extends New Health Insurance: In a significant move to ensure continued healthcare protection for its workforce, the Tamil Nadu government has extended the New Health Insurance Scheme (NHIS), 2021 by another year. Initially set to expire on June 30, 2025, the scheme will now remain in force till June 30, 2026, offering…
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…
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….
How Life Insurance Companies: Imagine if your life insurance company could accurately predict the future — not with a crystal ball, but with data. In 2025, that’s exactly what’s happening. Life insurance companies are no longer just relying on lengthy application forms or outdated actuarial tables. Instead, they are leveraging Artificial Intelligence (AI) to assess…
Air India Crash May Trigger $475 Million Insurance Claims: India is grappling with one of its worst aviation tragedies in over a decade, as the recent Air India crash is projected to result in insurance claims of up to $475 million. This devastating incident, which claimed hundreds of lives including passengers, crew members, and people…
Flight Accident Insurance Coverage FAQs: In the aftermath of a tragic air crash like the Air India flight AI 171 crash in Ahmedabad, which claimed hundreds of lives including passengers, crew, and innocent people on the ground, many are left grappling not only with emotional loss but also financial insecurity. This harrowing incident has thrust…
Insurance Framework in Aviation: The Indian aviation industry, once heralded as the epitome of modern mobility, is now grappling with a new kind of turbulence—not just in the skies but in courtrooms and boardrooms. A recent incident involving Air India in Ahmedabad has served as a wake-up call, revealing the fragile balance between safety, financial…
General Insurance Councils Talking Dog Ad: In a sea of predictable insurance advertisements that oscillate between fear-based messaging and straight-up educational pitches, the General Insurance Council (GIC) has taken a refreshingly new route. With a campaign led by a talking dog named Barfi, voiced by the talented Brijendra Kala, the GIC breaks new ground in…
GST Exemption on Rs 5 Lakh Health Insurance: India’s middle class could soon experience a significant tax relief as the GST Council is considering scrapping the 18% Goods and Services Tax (GST) on health insurance policies worth up to ₹5 lakh. This move, if implemented, could provide a crucial financial breather to millions of families…
