Published in Mint on Oct 28 2015 To increase the distribution footprint of the insurance industry, the Insurance Regulatory and Development Authority of India (Irdai) has allowed a new type of distributor, called the point of sale (PoS) person. According to Irdai, this step is a part of its developmental agenda and it hopes that […]
Articles Tagged: Travel Insurance
5 advantages of insurance going digital
Published in Mint on Aug 03 2015. Advantages of insurance going digital. Digital insurance services offer convenience, choice and comparison. The financial services industry, including insurance, is also making efforts to tap this space. Life insurance, traditionally sold by agents, is available for online purchase, often at lower prices. According to a report by Boston […]
Learner’s with valid licence are covered by motor insurance
Published in Mint on Jan 07 2014, Written by Kapil Mehta My daughter, who has a learner’s licence, had an accident recently wherein she drove into a small shop. I want to know that since the car is in my name, will the insurance company compensate the shop owner? —M. Chabbra There are three implicit insurance […]
Term covers pay death benefit even if you are outside India
Published in Mint, September 10, 2013, Written by Kapil Mehta I am 35 years old and run my own company. I am out of the country for at least five months in a year. What kind of cover is advisable for me? Also, if any mishap occurs, will the cover support me when I am […]
Travel insurance doesn’t cover pre-existing conditions
Published in Mint on Sep 03 2013, Written by Kapil Mehta I want to get treated for asthma abroad. Will an overseas travel insurance cover that cost? —Saima Sarkar Your asthma will not be covered because pre-existing conditions are excluded in overseas travel insurance. A health insurance company declined my application saying that I had hypertension […]
Frequent travellers should buy annual overseas travel insurance
Published in Mint on 18th March 2014, Written by Kapil Mehta How does one get an overseas mediclaim policy? Is it advisable to get one? —Nilofer Overseas mediclaim is meant for Indian residents who travel for short periods abroad. A variant covers Indian students studying overseas. It’s an absolute must-have because medical treatment overseas is […]
Policy evolution post-COVID-19
After COVID-19, insurance policies will no longer look the same. Asia Insurance Review spoke with SecureNow.in’s Kapil Mehta about how conventional insurance covers will be adapted to the new work environment. A new social ecosystem and work environment is emerging as society deals with the pandemic. Insurance, too, will be transformed. SecureNow.in co-founder Kapil Mehta […]
Religare sells stake in its health insurance business
Published in Mint, on 13th April 2017 Religare Enterprises Ltd, on 9 April announced the sale of its 80% stake in Religare Health Insurance Co. Ltd (a standalone health insurance company), to a consortium of investors led by True North, a private equity firm. Religare will get about Rs1,040 crore for the deal and the […]
Inform your auto insurer when moving to another city
Published in Mint on 13th May 2014, Written by Kapil Mehta I will be shifting to another city soon and plan to take my car with me. I bought it just a few months ago and plan to get it registered there. Do I have to inform my insurance company that I am moving […]
Insurance for all reasons
Published in hindustantimes on Jun 25, 2019. The purpose of an insurance cover is to protect you financially against unforeseen events. Here’s a look at insurance covers other than health and life which can come handy. Most of you may be familiar with health insurance and life insurance policies. But did you know you can get insurance cover […]