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The growth of insurance business May 2018 vs May 2017 – IRDAI report
The month of May was quite rewarding for both life and general insurance companies as they posted good revenues compared to last years. As per the reports published by the Insurance Regulatory and Development Authority of India (IRDAI) for the month of May, the growth numbers were promising. While some insurance companies, like Cigna TTK,…
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What is critical illness plan and why It’s important for your client?
Alok is a resident of Gurgaon in his mid-forties. His family includes his homemaker wife and a 15-year-old son. He was diagnosed with liver cancer a couple of months back. He had to undergo surgery and a host of tests and prolonged treatment. His health insurance policy covered the hospitalization cost and also the pre-and…
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5 reasons why your client says “NO” to health insurance and how do you tackle their queries?
Sanjay works in an MNC in Pune, he has a group policy from his organization that covers him and his family for a total of Rs. 200,000. Unfortunately, the family met with an accident while on a road trip. Though the family was covered by the corporate policy, the total insurance cover available to the…
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Did you know third party premiums remain fixed under long-term two wheeler insurance plans?
Two wheeler insurance plans are offered for long-term duration of two or three years. The policyholders can buy such long-term plans by paying the lump sum premium at once. Till now, only two-wheeler plans, both third party liability and comprehensive plans, are being offered for longer durations. However, IRDAI has proposed long-term policies for third…
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Future of innovative insurance
Innovation has become very common nowadays. Ten years back did you ever imagine the concept of touchscreens in phones and computers? Did you believe that you can monitor and control your home even when you were at your office? Technology has changed the way we live our lives. Everything has become simple and automated. Nothing…
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Others Features of the Kotak Health Premier Total
In this Interview with Mr. Siddharth Dutta, Deputy Vice President, Kotak General Insurance, we discuss the other features of the Kotak Health Premier Total, a comprehensive Family/ Individual Health Insurance Plan. You can also watch USPs of Kotak Premier Total Plan here Follow us on Facebook
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Reasons you could lose tax benefits on health insurance
It is profoundly known that a health insurance policy can be of great worth when it comes to saving tax in accordance with the Income Tax Act. In India, the maximum limit of the deduction is Rs. 25,000/-. Now, there are cases where due to lack of knowledge regarding the provisions of tax laws, people…
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QnA Thrusday: Episode 2 (Health Insurance)
Welcome to the Episode:2 of QnA Thursday. Today’s question is: “Can my customer transfer my policy from one company to another, without losing out on any benefits?” If you’ve any other questions pertaining to insurance, feel free to comment on this post and we’ll try to answer your questions. Sign up for Mintpro and start…
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USPs of the Kotak Health Premier Total
In this interview with Mr. Siddharth Dutta, Deputy Vice President, Kotak General Insurance. We discuss the benefits and features of the Kotak Health Premier Total, a comprehensive Family/ Individual Health Insurance Plan.
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