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Coverfox News

Watch this space for the latest insurance-related news doing the rounds.

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Third-party insurance premium drops for certain motor vehicles
by Sumit Asrani on Mon, Apr 24 2017

Insurance Regulatory and Development Authority of India (IRDA) have reduced the premium on a third-party insurance policy for certain motor vehicles. Read on to know more.

Acko to launch a General Insurance Company
by Janhavi Shinde on Tue, Apr 18 2017

Acko Tech has filed an application with IRDAI to setup a general insurance company. Read on to know who else is geared up for this application in the market.

Long-term motor insurance to gain traction soon
by Janhavi Shinde on Fri, Mar 31 2017

With increasing demand for the long-term two-wheeler insurance these days, insurance companies may soon start selling multi-year motor insurance too. Read further to know how you would benefit from this new development.

General Insurance Premium to Increase from April 1st 2017
by Janhavi Shinde on Mon, Mar 27 2017

Did you know that you would be shelling out more bucks on your car, motorcycle and health insurance premiums from April 1st 2017? Read to know more about this revision in premium rates.

New Car Buyers to Get Pricked By New Tax for Victims of Road Accident
by Janhavi Shinde on Thu, Mar 23 2017

Did you know that you would be shelling out extra tax for road accident victims? Read ahead to know all about this new proposal of tax.

Increase in Motor Insurance Premium up to 50%
by Janhavi Shinde on Thu, Mar 09 2017

Find out what IRDAI has proposed for third-party motor insurance premium. Learn why has the proposal being made and when would it be implemented.

Indians Abroad Can Now Buy Health and General Insurance in Forex
by Janhavi Shinde on Fri, Nov 25 2016

If you are planning of going abroad for work or higher studies purpose, The Reserve Bank of India has a perfect news for you.

Cap of Rs. 10 Lakh on Third-Party Liability for Vehicle Accidents
by Karen Menezes on Fri, Oct 14 2016

Did you know that third-party liability insurance is to be capped at Rs. 10 lakh? Read ahead to know all about this new proposed revision in the Motor Vehicles Act.

Railways to Offer Insurance for Baggage and Even Gadgets
by Karen Menezes on Thu, Sep 15 2016

After rolling out the passenger insurance scheme at 92 paise, the Indian Railways will also cover passenger belongings such as baggage, mobiles, and laptops.

Cap on Insurance Amount against Victims of Road Accidents to Be Reviewed
by Karen Menezes on Mon, Aug 29 2016

As per issues raised by the Motor Accident Claims Tribunal, the Motor Vehicle (Amendment) Bill, 2016 which capped insurance compensation to victims has been called for a review.

Rs. 10-Lakh worth Train Travel Insurance at Just 92 Paise
by Karen Menezes on Fri, Aug 19 2016

Passengers travelling in local railways can now heave a sigh of relief as Indian Railways has come up with an initiative to offer train travel insurance at the cheapest premium possible.

E-Account Is a Must for Buying Insurance – IRDA
by Karen Menezes on Fri, Aug 12 2016

IRDA has stated that from October onwards, buying insurance policies would require an e-account. Learn how this initiative makes it convenient for insurance seekers.