How to Port a Health Insurance Policy

Port a Health Insurance Policy: Since the beginning of the epidemic in March of last year, purchases of health insurance have increased. There has been a “panic buying” of health insurance. The industry as a whole has seen a sales rise of roughly 40%. High medical costs associated with the pandemic outbreak, extended hospital stays … Read more

71% Of Uninsured Indians Consider Insurance Vital For Financial Resilience

71% Of Uninsured Indians Consider Insurance Vital: Unquestionably, inadequate insurance coverage is a problem in many Indian households. In addition, misunderstandings about insurance and its efficacy have prevented many people from appreciating its significance. In honour of “Life Insurance Awareness Month,” SBI Life Insurance released the third iteration of its in-depth consumer study, dubbed “Financial … Read more

SBI General, Sahipay Team Up for Rural Insurance Solutions

SBI General: One of the top general insurance providers in India, SBI General Insurance, recently established a partnership with Manipal Business Solutions to broaden access to insurance in rural areas. Customers in semi-urban and rural India can access digital and financial services through SahiPay, the Manipal Business Solutions platform with the fastest growing financial inclusion … Read more

Insurance Start-Up Breaks Down Covid Impact on Insurance Market

Insurance Start-Up Breaks Down Covid Impact: The insurance industry in India is undergoing radical upheaval. Several insurance start-ups have emerged to reduce the complexity of the insurance sector in order to keep up with the evolving needs of today’s millennials. One of them is Global-India Insurance Broker’s Pvt Ltd (GIIB), a company situated in Mumbai. … Read more

Importance of Buying Insurance Online

Importance of Buying Insurance Online: I can still clearly remember developing methods to contact insurance firms online as a new marketing manager in 2007. The focus back then was on online proposal marketing, generating website traffic, and obtaining “leads.” Since then, a lot has changed, and we now mostly live in the digital era. For the … Read more

Importance of Renewing Your Car Insurance on Time

Renewing Your Car Insurance: The duration of an automobile insurance coverage is finite. It has an expiration date. Most of the plans are yearly agreements. The Insurance Regulatory and Development Body of India is constantly enforcing new regulations for plans that may have a policy length that is either shorter or more than a year. … Read more

Divestment in General Insurance to Attract Innovation, Growth: Experts

Divestment in General Insurance: Experts applaud the passage of legislation allowing the government to sell its majority stake in state-owned insurance firms. Saying the action will aid in the country’s rehabilitation and growth as well as foster innovation and encourage sector penetration. The Lok Sabha passed a bill to modify the General Insurance statute that … Read more

Importance of Timely Re-evaluation of Family Health Insurance Plan

Re-evaluation of Family Health Insurance Plan: Health insurance is unquestionably a necessary purchase, and this is truer than ever. The need of having health insurance to protect our loved ones’ health and money has been underlined by the health-related distress brought on by the early onset of lifestyle diseases, critical illnesses, and unheard-of viral outbreaks. … Read more