Why choose home insurance as an effective shield against natural disasters like earthquakes?

It takes a devastating earthquake for people to realize the fragility of life. It takes a number of deaths and an equal number of injured to realize that home must be protected as life and health. The aftermath of natural calamities can be devastating though a lot can be mitigated with adequate insurance coverage amount. 

High-value life insurance policy sales fail to pick up in Feb-March despite new tax from April: Report

BS noted that following the Budget announcement many brokerages had reckoned that high-value non-par guaranteed products could see fire sales over the next two months (February and March). This was to avail tax benefits, which only go away from April 1.

Over 80% of consumers willing to cut down on luxury to afford health insurance

As per survey, 85% of the respondents would consider cutting down on some luxury items so that they could spend more on health insurance. Additionally, more than 88% respondents believe that mental health consulting should be included in the health insurance policy. 

Indian unicorns excel in offering holistic health benefits

India’s unicorns are doing right by their employees with group medical cover, with a median sum insured of  <span class='webrupee'>₹</span>5,00,000.

95% of companies do not offer life insurance to their employees

Less than a quarter of India’s companies insure their team against personal accidents and disability. 43 accidents occur every hour in India. Yet, 77% of India’s companies fail to offer group personal accident and disability cover in addition to health insurance.

Your Questions Answered: My parents have health insurance of  <span class='webrupee'>₹</span>3 lakhs each. Do they need an additional critical illness policy?

Whether your parents need an additional critical illness policy depends on their age, medical history, family history, and financial situation; it is best to consult a financial advisor for guidance. Read further to know more 

30% of organisations do not provide insurance to employees’ families

As per report, 75 percent of organizations do not extend benefits to their employees’ parents. 

Only 5% of Indian organisations offer comprehensive insurance coverage; survey reveals

Plum carried out a thorough survey of more than 2500 health insurance plans and realized how many of them were futile and will serve inadequately in the long run.  

Health insurance: What are wellness benefits that incentivise policyholders to stay in the pink of health?

Insurers tend to offer a slew of wellness benefits such as by rewarding customers for healthy behaviour by making them earn points through wellness activities.

How to file a complaint against an insurance company? Step-by-step process

To file a complaint against an insurance company, one must gather all necessary documents and contact the insurer. If unsatisfied, the policyholder can escalate the issue to IRDAI or file a complaint with the Insurance Ombudsman for a fair resolution.

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Why choose home insurance as an effective shield against natural disasters like earthquakes?

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