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Coverfox News

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

All Infographics Articles News
Motor Insurance Premium
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.

Buy Health and General Insurance in Forex
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.

Third Party Insurance
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.

Insurance for Baggage and Gadgets
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.

Insurance Coverage in road accident
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.

Train Travel Insurance
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 for buying insurance
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.

Health Insurance
Health Insurers to Launch Long-Term Products - IRDA
by Karen Menezes on Fri, Aug 12 2016

Policyholders can now rejoice as health insurance firms will be providing a wide range of products that one can choose from.

Health Insurance Price
Health Insurance Pricing Is Now Revisable After 3-Yr Lock-In
by Karen Menezes on Wed, Jul 27 2016

IRDA has declared that after a period of three years, insurers can revise the price of health insurance products based on their experience.

Insurance
Policyholders Don't Have to Sign Final Payment Receipts – IRDA
by Karen Menezes on Mon, Jul 18 2016

Policyholders can be stress-free as IRDA has issued a directive where insurance companies cannot force claimants to sign on payment receipts collected in advance.

Investment Cost
Insurance Has Been Proposed for Drivers' Treatment Cost
by Karen Menezes on Tue, Jul 12 2016

It has been recently proposed that drivers’ treatment cost should also be covered up to a certain limit. Read on to know more about the recommendations.

Driving License
Carrying E-copies Of Documents While Driving May Soon Be a Reality
by Meeta Sabnis on Sat, Jul 09 2016

The Transport Ministry has proposed to consider soft copies of driving license and other essential documents for the verification while on the road.

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