Please read the revised article (as per IRDAI Surveyor Regulation 2015) - Here Who are Insurance Surveyors and Loss Assessor? Surveyors are professionals who assess the loss or damage and serve as a link between the insurer and the insured. As per Insurance Act all the claims … [Read more...] about How to become Insurance Surveyor and Loss Assessor (SLA)?
Archives for August 2011
BUPA International Healthcare Survey : Bupa Health Pulse 2011
Bupa Health Pulse 2011 has released "BUPA International Healthcare Survey". BUPA International Healthcare Survey is the second annual international survey commissioned by Bupa. Between 22 April and 23 May 2011, the international healthcare group surveyed over 13,000 people from … [Read more...] about BUPA International Healthcare Survey : Bupa Health Pulse 2011
What is a Pre-existing Medical Condition?
Pre-existing Medical Condition (or “pre-existing condition”) means any medical condition or any related condition (e.g. illnesses, symptoms, treatments, pains and surgery) that have arisen at some point prior to the commencement of this coverage, irrespective of whether any … [Read more...] about What is a Pre-existing Medical Condition?
Mortgage Insurance or Term Insurance – Which one is best and cheapest?
Looking to buy a house and can't decide which insurance to go for a Mortgage Insurance or Term life insurance? Lets discuss both the above in details here - Mortgage Insurance or Loan Cover Term Insurance A Loan Cover Term Insurance or mortgage insurance is an insurance that … [Read more...] about Mortgage Insurance or Term Insurance – Which one is best and cheapest?
Annual or Single Trip Travel Insurance – Which one should I buy?
All travelers must have a travel insurance policy in place with sufficient cover, but most of the time we think that which policy we should buy - Annual or Single Trip Travel Insurance? Annual Multi Trip Travel Insurance If you are doing travelling more than two or three … [Read more...] about Annual or Single Trip Travel Insurance – Which one should I buy?
What is covered in ‘Third Party Liability’ car insurance?
Car insurance policies can be divided into two categories on the basis of insurance coverage – a. Third-party Liability Car Insurance b. Comprehensive Car Insurance Who is third party? As per insurance terminology, the first party is the insured person or the owner of the … [Read more...] about What is covered in ‘Third Party Liability’ car insurance?
IDBI Federal Life Insurance launches ULIP – Wealthsurance Dreambuilder
IDBI Federal Life Insurance launches new ULIP called Wealthsurance Dreambuilder Insurance Plan. Wealthsurance Dreambuilder Insurance Plan offers various investment options as per the needs of customer depending upon his or her risk appetite. For instance, conservative customers … [Read more...] about IDBI Federal Life Insurance launches ULIP – Wealthsurance Dreambuilder
Irda issues draft ALM stress testing norms for insurers
IRDA has laid down draft framework for asset liability management (ALM) and stress testing to guard investment activities of insurance companies against fall in the equity market and movement in the interest rate market. Irda has asked insurers to submit investment details in … [Read more...] about Irda issues draft ALM stress testing norms for insurers
IndiaFirst launches Money Back Health Insurance Plan
IndiaFirst Life Insurance has launched Money Back Health Insurance Plan. The plan would offer health cover as well as savings option to the customer. How does IndiaFirst’s Money Back Health Insurance Plan will work? A part of the premium, depending on the age and health of … [Read more...] about IndiaFirst launches Money Back Health Insurance Plan
IRDA issues new grievance redressal guidelines to insurers
The Insurance Regulatory and Development Authority (Irda) has issued grievance redressal guidelines for insurance companies, which needs to be implemented from August 1. Insurance companies should also have a system and procedure for receiving, registering and disposing of … [Read more...] about IRDA issues new grievance redressal guidelines to insurers