Apart from this, the GeM has also facilitated hiring of 1 million manpower resources.
The Reserve Bank of India (RBI) has directed large non-banking financial companies (NBFCs) to disclose the total charges levied on customers for each loan product.
Over 80% of the health insurance policyholders believe that there are delays in claims which are intentional, designed to pressure policyholders into accepting lower claim amounts.
As per the data, of the total Rs 1.17 trillion claims under health insurance of general as well as standalone health insurers, only Rs 83,493.17 crore or 71.29 per cent were paid during the year ending March 2024.
PhonePe on Tuesday announced the launch of a new and affordable insurance plan for dengue and malaria on its platform, starting at just Rs. 59 per year.
The report suggested a comprehensive product designed for this section to counter the absence of economical health insurance policies as they are unable to afford the existing.
Increasing FDI limits in insurance has been a longstanding demand of the United States where most of the big insurance majors are situated.
The importance of life insurance and continued coverage during a pandemic is paramount. A robust life insurance policy can therefore be the first brick of your financial foundational ground.
The AC also approved allotment and transfer of a piece of land up to 13 kanals to the Narcotics Control Bureau (NCB), at village Majeen Sidhra in Jammu, for construction of office building and residential complex.
It is mandatory for general and health insurers to provide the reimbursement-based standard COVID-19 product, while offering the benefit-based product is optional for all insurers.
