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This tax is detrimental to the growth of the rural insurance industry and insensitive to the plight of rural populace which lacks quality healthcare and is vulnerable to numerous perils, including illness Increase FDI limit from the current 26%; to 49%; A higher FDI will unshackle the insurance industry and drive growth and longterm development, enrich the business by bringing...

Royal Sundaram Alliance (RSA) General Insurance will strengthen its distribution network, particularly in tier-II and III cities, to achieve its growth target for the present financial year. The company officials didn't share the targets. The company collected a premium of Rs 806.22 crore in the previous financial year, clocking a 15.73 per cent growth over the Rs 696.63 crore...

What types of insurance do you have - Health, Home, Car and maybe a few more? If you think you've got as much coverage as you could ever need, think again. What happens if you get bitten by a werewolf? In fact, there are many other parts of your life you could be insuring. Let's look at some interesting and wacky ones. Million-dollar body parts Little is known about a wine ...

The choice of red colour for your dream car may match your vibrant personality, but you may end up paying higher premium for it due to the poor visibility factor.  Insurers say vehicles with colours like beige, red and blue induce poor visibility during night and are hence, prone to a higher rate of accidents. Therefore, when arriving at the premium, vehicle owners with vibrant...

1. Coverage: A health policy covers room, ICU charges, boarding, nursing expenses, doctor's fee, blood, oxygen, surgery charges, cost of medicines, etc. 2. Pre-existing illnesses: Normally, all pre-existing illnesses at the time of taking the policy are excluded. However, if you continue to be with the health cover for four years consecutively, pre-existing diseases will be covered...