The API stack will enable swift and efficient collaborations with online distributors, ensuring that ACKO’s personalised prices, innovative SKU and consistent experience, the firms say
In India, home insurance commonly covers both structure and contents, offering comprehensive protection
All necessary documents can be submitted digitally to ensure a smooth process and that the claim is settled quickly
Remember, that it is a crucial safeguard against potential damages to your property caused by calamities like earthquakes, floods, fire, and theft.
This insurance policy aims to deliver extensive life coverage and financial stability to the insured's family in an unforeseen event.
To determine which is better depends on your specific needs. If you are someone who prioritises cost-saving and is confident in your ability to take care of your device, a warranty might be sufficient
Its primary function is to settle outstanding balances in the event of the insured individual’s death
According to Policybazaar, limited understanding of health policy and undisclosed pre-existing diseases accounted for 75% of claim rejections
Zuno General Insurance has also included the battery coverage add-on, which offers protection in case of consequential loss to the battery or parts of the battery.
Most health insurance plans offered by Indian insurers cover treatment only in India. Expenses incurred abroad cannot be reimbursed with most Indian plans.
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According to a WHO report, environmental risks cause 12 per cent of the global disease burden, with air pollution ranking first
Some policies may offer global medical coverage for certain countries or regions, such as the US, Canada, Asia-Pacific, or Europe
Insurance companies vary in their approach to procedures like heart surgery, and their policies may include co-pay provisions
Says since a policy document may be fraught with legalese, it is imperative to have a document that explains, in simple words, the basic features of the policy
There has been a significant increase in the number of female HNI buyers, whose share in this segment went up from 12 per cent in FY22 to 17 per cent in FY23
This could end up limiting your choices, thereby not allowing you to shop around for the best insurance policy that suits your needs and budget.
The elderly and low-income individuals are more susceptible to these unethical practices
Private players with an innovative product portfolio, well-entrenched distribution network targeting tier-II and III cities and a growing protection franchise are best-positioned to capture the opportunity, said Nirmal Bang.
Surrogacy cover extends inpatient hospitalisation coverage for post-partum delivery complications endured by the surrogate mother, covering a span of 36 months
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