Five men were arrested for allegedly duping more than 500 people on the pretext of providing them benefits of lapsed life insurance policies, police said on Monday.
Many Indian states have recently introduced insurance programmes covering tertiary healthcare treatments for economically weaker sections.
When contacted a top officer from the postal department in the Coimbatore division said officers are taking steps to resolve issue and this is expected to be rectified next week.
The policy features 11 sum insured options for customers, ranging from Rs 3 lakh to Rs 100 lakh -- and protects a maximum of 15 family members.
However, since the advent of the fear instilled by the pandemic, 71% consider Mediclaim a necessity.
Life Insurance Corporation of India (LIC) is no longer in the list of top 10 listed companies in terms of market capitalisation (m-cap).
Considering the systematic activities carried out by BCCI like selling of tickets of cricket matches, BCCI can be said to be a 'shop' for purposes of attracting ESI Act provisions, the court said.
According to reports, farmers of nine GPs in the district had claimed insurance for crop loss, of which, claims of three GPs have settled a few months ago.
In the last column we initiated a discussion on how vital Term Insurance Cover is for anyone with even a single financial dependant.
The claim rates had been very stable before the pandemic, said Dinesh Pant, Executive Director and Appointed Actuary, Life Insurance Corporation (LIC).
Mediclaim policies, which are indemnity-based health plans, are the best-selling health insurance products in the country.
Once the transaction is completed, ADIA will own a 9.99% stake, ABCL will hold a 45.91% stake and MMH a 44.10% stake, respectively, in ABHI.
Digital experts say a data protection law is necessary for India where financial fraud and data leaks are rampant. Its absence has exacerbated privacy concerns in the country.
It is prudent for everyone who has even a single financial dependent to not just insure, but adequately insure themselves.
Replying to a query by BJP MP GVL Narasimha Rao, he said in 10 of the total 26 districts in the State, the coverage is pathetically low and below 30,000.
They want the government to reveal its plans to safeguard them in the event of crop damage and loss of yield from natural calamities.
Those weavers below 60 years are eligible for insurance coverage. In case of the death of the weaver, the successors will get Rs 5 lakh within ten days.
Shares of HDFC Life were 4.30 per cent higher at Rs 555.55 apiece and HDFC Ltd scrip was up 0.87 per cent at Rs 2,356.40 apiece on BSE.
As Cancer deaths and cases are increasing rapidly in India, the top draw for the common people availing the cashless and paperless insurance scheme is chemotherapy.
Earlier, only those hospitals that were part of the IIB’s Registry of Hospitals in the Network of Insurers (ROHINI) could be empanelled in the network of hospitals for cashless facilities.