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Coverfox News

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

All Infographics Articles News
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.

Insurance Companies
Alliances of Insurance Companies on IRDA’s Radar
by Karen Menezes on Mon, Jul 04 2016

IRDA's vigilance on the mergers and acquisitions of insurers comes as a relief to policyholders. Learn more about this initiative that has been taken by IRDA.

E-Commerce Platforms to Sell Insurance Shortly
by Karen Menezes on Mon, Jun 27 2016

IRDAI has released a draft regulation authorizing e-commerce portals to sell insurance online. Find out how it can help in insurance penetration and benefit insurers and policyholders.

Justice For Pune Lawyer: Insurer Cannot Deny Accident Claim When Driver Not At Fault
by Meeta Sabnis on Fri, Jun 24 2016

The decision whether to allow or reject your insurance claim rests with the insurance company. However, with a proper how-how, you can not only contest a denial but also get well compensated.

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