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Coverfox News

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

All Infographics Articles News
Long Term Third Party Insurance
Long-Term Third-Party Insurance Now Mandatory For New Vehicles
by Joan Mathews on Fri, Aug 31 2018

Now pay more for car and bike insurance from September 1, 2018 as the Insurance Regulatory and Development Authority of India has made long-term third-party insurance policy mandatory.

Life Insurance
Insurance Boost For Govindas This Janmashtami
by Joan Mathews on Fri, Aug 03 2018

Dahi Handi Utsav Samanvay Samiti has decided to insure the life of each Govinda with an Rs.10 lakh insurance cover. The offer gave by Oriental Insurance Company.

Health Insurance
Now, Good Health Comes in a Better Package
by Karan Sharma on Mon, Jul 30 2018

The Insurance Regulatory and Development Authority of India (IRDAI) intends to standardise the number of health conditions and medical procedures excluded from health insurance policies. This will result in the fact that, now, your insurance policy will cover more diseases in the future.

Vehicle Insurance
No Vehicle Insurance without PUC Certificate, says IRDAI
by Rashmi Ghosh on Wed, Jul 11 2018

No Pollution Under Control (PUC) Certificate? No Vehicle Insurance by IRDA. The Supreme Court has declared PUC Certificate as a mandatory document for Vehicle Insurance. IRDAI has notified all general insurance companies to not issue or renew Vehicle Insurance without a valid PUC Certificate.

Death Benefit in Third Party Motor Insurance
Death Benefit in Third Party Motor Insurance Increased to Rs. 5 lakhs
by Jagrity Sharma on Thu, May 24 2018

New amendment introduced by the government in the Motor Vehicle Act, 1988 through the notification dated May 22, 2018, the amount of compensation payable has been increased to Rs. 5 lakhs, in case of death. This revision will be applicable for all claims made on and from May 22, 2018.

Merger of Insurance companies
Players of a mega merger in insurance face their first hindrance
by Jagrity Sharma on Tue, May 22 2018

Do you know that three general insurance companies, National Insurance, United India and Oriental Insurance, have been proposed to be merged by Mr. Arun Jaitley in this Union Budget.

IRDAI
The New IRDAI Chairman and the Insurance Boost he Brings to the Table
by Aditi Shukla on Thu, May 03 2018

Mr. Subhash Chandra Khuntia, Indian Administrative Services (IAS) officer has been appointed as the Chairman of Insurance Regulatory and Development Authority of India (IRDA).

Driving license in Rajasthan
Beware! Talking On the Phone While Driving May Cost You Your Driving License in Rajasthan
by Jagrity Sharma on Wed, May 02 2018

The Rajasthan High court has stepped up to safeguard riders by proposing to cancel the driving license of those who are found talking on phone while driving or riding.

59 percent of LIC Cancer Policy sale
Maharashtra, Gujarat, Tamil Nadu and Kerala account for 59 percent of LIC Cancer Policy Sales
by Rohit Sapra on Wed, Apr 18 2018

LIC has found four states Maharashtra, Gujarat, Tamil Nadu and Kerala accounted for around 59 percent of all cancer care policies sold by the organisation.

Liberty General Insurance
Liberty Videocon (LVGI) becomes Liberty General Insurance (LGI)
by Rohit Sapra on Thu, Apr 05 2018

Debt-laden Videocon group has exited the General Insurance business, selling its stake to US-based Liberty Mutual Insurance Group to Enam Securities and DP Jindal Group.

IRDAI
Alto, Kwid, Redi-GO Get Maximum Benefit from Lowered Premium Rates by IRDAI
by Rohit Sapra on Wed, Apr 04 2018

Enjoy the benefit of reduced premium rates from IRDAI for the small car, as well as those who are looking for new cars like Alto, Kwid, Redi-Go and other small cars. read ahead to know more about reducing premium rates.

Health Insurance
Health Insurance is blooming as an Effective Tax Saving Instrument
by Janhavi Shinde on Fri, Mar 16 2018

Health insurance is one of the best insurance policies that covers you in times of financial distress and also helps you save tax.

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