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Insurance News

Why is health insurance important?

Medical & HealthCare

Hi, Very interesting question. Everyone should understand the importance of health insurance. “ There is only one thing on earth which money cannot buy is “PEACE OF MIND”. Before connecting for the subject try to understand benefits available under other insurance products. 1). Life insurance: which pays either on maturity or on happening insured event. …

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Why Should We Take Insurance?

Insurance Keeps Commerce Moving In the days after the 9/11 assaults, there were numerous stresses over insurance inclusion. Demonstrations of war are not covered by insurance. Was illegal intimidation a demonstration of war? The central issue was, How might the 9/11 assaults be ordered? Luckily, the insurance business chose the assaults were not a demonstration …

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Crop insurance claim rejection shot up 900% between FY18 and FY20

In 2019-20, the number of rejected crop insurance claims was 9.28 lakh The number of farmers’ crop insurance claims that were rejected by insurance companies under the Centre’s flagship Pradhan Mantri Fasal Bima Yojana (PMFBY) multiplied 10 times in just two years, according to data provided by Agriculture Minister Narendra Singh Tomar in response to …

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What is a policyholder in auto insurance?

A policyholder is the one who has bought an insurance policy. The policy may be a term plan, health insurance, or car insurance. Who is the policyholder in auto insurance? While buying auto insurance, you need to differentiate between a policy holder and the listed drivers for your auto operations. Policyholders should understand their responsibilities …

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