News
Insurance query: How should one evaluate term insurance features without overpaying
1+ hour, 23+ min ago (350+ words) At the age of 35, financial responsibilities often start becoming more layered, especially with commitments such as a home loan, children's future expenses, and long-term family security. In such situations, term insurance should be viewed as a financial safety net that…...
Getting a home loan term insurance
1+ hour, 26+ min ago (312+ words) Home loan insurance is a product that covers the liability to the bank from a home loan and is not a mandatory product but an option presented to the home loan customer. As the name indicates, this is an insurance…...
Complaints against health insurance claims totalled around 74, 700 in 11 months
3+ mon, 5+ day ago (218+ words) Complaints against health insurance claims in the 11 months of the current fiscal year have surpassed numbers of full FY25 by 14. 5 per cent and around 55 per cent of FY24, data presented by the Finance Ministry in Lok Sabha on Monday showed. Meanwhile, according…...
Demystifying home loan insurance for borrowers
4+ mon, 2+ week ago (644+ words) It's no wonder that home loan borrowing in India is growing at a 14% pace, as per official data. Owning a home is one of the most sought-after dreams in India, especially for the middle class income group. But what usually…...
A useful cover with "hidden" flaws
5+ mon, 1+ week ago (279+ words) Group policies are excellent " up to a point. Last weekend was full of festivities and meet-ups. One of them - a pleasant lunch for the extended family organised by an outgoing cousin - turned into a happy reunion with aunts and uncles,…...
Bridging home cover gap amid rising climate shocks
10+ mon, 3+ week ago (397+ words) The recent tremors in Delhi NCR and flash floods across North India have once again raised a critical question: Are urban households truly prepared for climate-linked disasters? Even monsoons, this year, have had a lasting impact on homes and lives....
Claim rejections and deductions
11+ mon, 2+ week ago (288+ words) Rahul: IRDAI is looking to target eight insurers on account of lapses in claims. SEBI and now IRDAI, regulators are on a roll fighting for the small guys this past month. I am now wondering if I had been shortchanged…...