Though companies are all regulated by the IRDA, the company’s claim settlement record says much about the company’s trustworthiness. When you compare health insurance policies you can find the claim record of an insurance company, customer reviews and testimonials. These help you choose thebest ...
Canada Life is one of the oldest and most stable life insurers in the country. Up until recently, it came second to Manulife in number of annual premiums — which was no surprise given that Manulife is one of the largest companies in the world. But, in 2020,Great Wes...
(LIC), also there is increasing participation by foreign investors which shall led to setting up of Insurance Companies by Foreign Institutions having higher capital base and expertise.In view of the above, the Insurance Companies in India will have to administer the system of operations in such ...
Motor Insurance Dominates the Non Life Insurance Segment in Sweden Non-life insurance policies are typically priced based on the risk associated with the insured asset or liability and other factors such as the type and amount of coverage needed, the deductible amount, and the insurer's claims hi...
Approved Anti-Theft Devices-Several insurance companies offer discounts to policyholders who have anti-theft devices installed in their bikes which are certified by the Automotive Research Association of India (ARAI). Hence, installation of anti-theft devices can help you get insurance at a discounted...
All insurance providers invest their capital in the public sector due to low risk as investing in the private sector leads to increased risk. The investments made by insurance companies are regulated by IRDAI. All the premiums that insurance holders pay to a certain extent are determined based ...
This product which was regulated by IRDA hitherto was claimed by SEBI to be a collective investment scheme defined in SEBI Act, and SEBI banned 14 insurance companies from issuing fresh products in ULIP scheme without the insurance companies issuing these products obtaining a registration from SEBI ...
The accidental death insurance market is regulated by authorities such as The European Insurance and Occupational Pensions Authority (EIOPA) and the US National Association of Insurance Commissioners (NAIC). Life insurance companies in the European Union (EU) are required to follow the General Data ...
Insurance companies offer it as a standalone policy and as an add-on to your general liability insurance. Price: Between $300 and $600 annually. 3. Business property insurance If you sell physical products, you also need to insure those physical products in case something goes wrong. Busin...
Steel-framed systems in high-rise buildings in Japan are gradually becoming more and more common. The reason for this is that their endurance against earthquake is higher. Also, construction companies in the country are sufficiently well equipped to be able to construct such buildings. The Architec...