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Coverfox News

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

All Infographics Articles News
Health Insurance - Budget 2018
Budget 2018: Industry Body wants Health insurance to be made Mandatory
by Rohit Sapra on Mon, Jan 22 2018

Healthcare Federation of India 'NATHEALTH' urged the government in their 2018 budget to consider making health insurance coverage mandatory for all citizens.

IRDAI
Protection Gap in India reaches Rs. 480 Lakh Crores, says IRDAI
by Rohit Sapra on Mon, Jan 22 2018

The Insurance Regulatory and Development Authority of India (IRDAI) has stated that that the protection gap in the Indian life insurance Industry has reached Rs. 480 lakh crore.

Budget Impact on Health Insurance
Budget 2018 and its likely impact on Health Insurance
by Rohit Sapra on Wed, Jan 17 2018

Budget 2018 provide relief to the health insurance sector by the lower GST rate on products & raise the deductions provided under Section 80D. Read here to know more.

Motor Insurance Guidelines
IRDAI issues further clarification on Motor Insurance Guidelines
by Rohit Sapra on Fri, Jan 12 2018

IRDAI gave further clarification on the guidelines issued by them on motor insurance. IRDAI wants the tie-up to happen between insurance companies, intermediaries and automobile dealers who are MISP.

Pradhan Mantri Suraksha Bima Yojana
Pradhan Mantri Suraksha Bima Yojana crosses the 130 Million Mark
by Rohit Sapra on Fri, Jan 12 2018

The insurer have demanded a rise in the premium for both Pradhan Mantri Suraksha Bima Yojana & Pradhan Mantri Jeevan Jyoti Bima Yojana in 2018. The government is likely to fulfil the request.

Accident Insurance Cover
Did you Know you can get Rs. 10 Lakh Accident Insurance on your IRCTC Bookings?
by Rohit Sapra on Sat, Jan 06 2018

The Indian Railways has started giving free accident insurance cover of Rs. 10 lakhs to passengers booking tickets on IRCTC website. Read the news piece in detail.

Bajaj Allianz Reduces Car Insurance Premium
Bajaj Allianz General Plays Santa by reducing its Car Insurance Premiums
by Rohit Sapra on Wed, Dec 27 2017

With the basic aim to encourage more people to buy insurance, Bajaj Allianz General will reduce car insurance premium by 5–15% from Jan 1, 2018.

IndiaFirst Life Insurance
Insurance Khata - The First-ever Micro-Insurance Plan by IndiaFirst Life
by Rohit Sapra on Wed, Nov 29 2017

Insurance Khata is micro-insurance plan from IndiaFirst Life Insurance. It is designed for long-term savings along with life insurance benefit for the customers.

New India Assurance
Delay in ‘Padmavati’s’ Release May Prove Liability for New India Assurance
by Janhavi Shinde on Fri, Nov 24 2017

Disruptions in Sanjay Leela Bhansali’s ‘Padmavati’s’ theatrical release may hook New India Assurance for 150 crore.

Term Insurance Premium Rates
SBI Life to Drop Premium Rates on Term Insurance by December 2017
by Janhavi Shinde on Thu, Nov 23 2017

SBI Life is all set to drop term insurance premiums by December 2017. Learn more about this recent initiative by SBI Life.

Link aadhar with insurance policy
Linkage of Aadhaar - Insurance Policy by 31ST Dec
by Janhavi Shinde on Fri, Nov 17 2017

Linking of Aadhaar number with insurance policies latest by 31st Dec is now become mandatory. Read to know about the consequences if you fail to do so.

Aadhar mandatory for insurance policies
Aadhaar Number is a Must for Buying Insurance – IRDA
by Janhavi Shinde on Fri, Nov 10 2017

Central Government has mandated to link Aadhaar number from now onwards, to buy insurance. Read further to know about this new initiative by the Regulator.

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