Insurance

Most financial advisors recommend a minimum base cover of Rs 10 lakh to start with. This should be reviewed at least every five years or after key life milestones such as marriage or childbirth

Updated : Jun 21, 2025

Think Rs 25 lakh health insurance cover is enough? Expert drops a reality check

Medical inflation, shared floater limits, and rising hospital bills are exposing the cracks in basic health cover plans. Experts now urge families to upgrade policies with super top-ups for real protection.

Professionals splitting time between India and the UK can now opt for global health plans that eliminate the need for two separate policies.

Updated : Jun 20, 2025

Do cross-border professionals need two health policies or a flexible cover?

With more professionals splitting time between countries, managing health insurance across borders is becoming a real concern. Holding two full-fledged policies—in India and abroad—can be expensive, inefficient, and often redundant. So, what’s the smarter alternative?

61% of mothers prioritise financial stability for their children in case of unforeseen events, while 93% find child income protection features highly appealing.

Updated : Jun 18, 2025

61% mothers prioritise child’s financial stability, 46% pick term insurance as first choice: Bajaj Allianz Life Survey

A new survey by Bajaj Allianz Life reveals that 46% of Indian women prefer term insurance as the top financial tool to secure their child’s future. The study highlights a strong shift toward insurance products that combine life cover with health and education-linked benefits, reflecting women’s evolving financial priorities.

Most financial advisors suggest keeping 2–3 well-chosen credit cards for optimal long-term management.

Updated : Jun 17, 2025

Flying without cover: SBI Card withdraws air accident cover on ELITE, PRIME cards

SBI Card will discontinue complimentary air accident insurance across several premium and co-branded credit cards from July 15, 2025. The move, affecting up to Rs 1 crore in coverage, marks a major shift in the card issuer’s travel benefits strategy.

And while ₹1.8 crore is the standard payout, families can sue for more if the airline is proven negligent—though that path requires legal action and proof of fault.

Updated : Jun 17, 2025

'₹1.8 crore cover, ₹18 lakh upfront': Your flight ticket does more than just get you abroad

Even in cases of aircraft defects—such as issues traced back to manufacturers like Boeing or Airbus—the burden falls first on the airline. Only later can they sue the manufacturer to recover costs.

The London-bound Air India Boeing 787, carrying 242 people, crashed shortly after takeoff from Ahmedabad International Airport on Thursday, June 12.

Updated : Jun 13, 2025

Air India plane mishap: LIC and Bajaj Allianz ease documentation for crash victims' kin; check claim process

LIC and Bajaj Allianz have eased claim formalities for families affected by the Air India crash, waiving standard death certificate requirements and activating emergency support measures. The insurers aim to deliver timely financial assistance amidst one of India’s deadliest aviation disasters.

At the heart of aviation insurance is the Hull All-Risk policy, which covers physical damage to the aircraft. This includes incidents on the ground, in-flight accidents, and collisions.

Updated : Jun 13, 2025

Explained: How aviation insurance works and what the Air India crash may trigger

The Air India Boeing 787 crash near Ahmedabad is set to trigger multiple layers of aviation insurance coverage. From hull damage to third-party liability, the financial implications could be substantial for both the airline and its global reinsurers.

Zuno Smart Drive already features India’s first built-in ‘Pay How You Drive’ model at no extra cost, rewarding safe drivers with weekly incentives and policy renewal discounts.

Updated : Jun 12, 2025

Zuno launches India’s first car insurance with built-in crash detection, auto claims trigger

The real-time crash detection capability allows the Zuno app to automatically sense accidents and alert the insurer’s support team, triggering instant roadside assistance and claims processing without any manual customer input.

Updated : Jun 12, 2025

Ahmedabad flight crash: Hull insured for $75–80 million, but Air India faces wider liability exposure, say experts

Narendra Bharindwal, President of IBAI, told Business Today that in cases involving large commercial aircraft like the Boeing 787, the financial impact is not shouldered by a single insurer.

Specialised flight accident insurance provides coverage specifically for accidents that may occur during air travel.

Updated : Jun 12, 2025

Air India plane crash: What passengers need to know about airline liability, compensation

In the event of death or bodily injury on an international flight, airlines operating in India are bound by the Montreal Convention, 1999, an international treaty to which India is a signatory.

India deploys advanced jamming systems to deter Pakistani military aircraft

Updated : Jun 12, 2025

Air India plane crash near Ahmedabad: What flight accident insurance covers

Ahmedabad plane crash: Flight accident insurance provides financial support during air travel accidents. It includes medical bills, disability benefits, and accidental death cover.

The best time to buy term insurance is as early as possible. Younger policyholders pay less and lock in protection for longer.

Updated : Jun 12, 2025

One income, many dreams: Why should term insurance take top spot in every single mom's financial plan

Term plans provide significant coverage at relatively low premiums, making them ideal for single mothers managing monthly expenses on their own. This affordability means long-term security doesn’t have to come at the expense of day-to-day needs.

For individuals facing infertility, certain health insurance policies cover medical procedures designed to assist with managing the condition.

Updated : Jun 11, 2025

What health insurance add-ons should one look for that cover maternity and new-born care?

Maternity coverage and newborn care can have a waiting period from 9 months to 3 years, varying by insurer or product. Health insurance covers these expenses only after this waiting period.

New policies accept higher HbA1c levels and revised BMI cutoffs, offering more inclusive coverage options with potential premium adjustments.

Updated : Jun 7, 2025

Inclusive insurance push: Diabetics, heart patients now eligible for wider coverage

Insurers have relaxed health insurance underwriting norms, thereby expanding access for individuals with chronic conditions such as diabetes and heart disease, a Policybazaar note stated.

Mandatory under the Motor Vehicles Act, Motor Third Party insurance offers protection for third-party liabilities resulting from accidents with insured vehicles.

Updated : Jun 6, 2025

Premium hike ahead? Govt mulls 18-25% increase in third-party motor cover, says report

Third-party motor insurance premiums, which are mandatory for all vehicle owners in India, may see an 18% hike in FY26. The Ministry of Road Transport and Highways is reviewing a proposal from IRDAI to revise rates after a four-year freeze. The move comes amid rising claim costs and pressure on insurers' profitability.

Experts advice that one should take corporate insurance policy as a secondary option alongside a separate health insurance plan that caters to your specific medical needs.

Updated : Jun 5, 2025

BimaPay enters corporate insurance finance, targets Rs 20 cr in premiums by FY26

BimaPay Finsure has launched India’s first-of-its-kind premium financing solution tailored for corporate insurance, aiming to ease the financial burden of upfront premium payments for businesses.

Delhi and its neighbouring cities were recently battered by sudden dust storms and gusty winds, damaging homes, vehicles, and infrastructure. The chaotic weather has reignited concerns over India’s vulnerability to natural disasters.

Updated : Jun 5, 2025

Thunderstorm damage in Delhi: What’s covered under your home and motor insurance?

Natural disasters cause India losses of up to 2% of GDP annually, yet insurance coverage remains low. The recent storms in Delhi-NCR have reignited debate over how well-protected individuals and businesses really are. Experts say it’s time to rethink risk and invest in stronger coverage.

The insurer failed to provide any medical evidence linking the policyholder’s lung cancer directly to his smoking habit.

Updated : Jun 3, 2025

Smoke, cancer and a Rs 9.4 lakh bill: Can insurers deny claims for smoking? Court says this

Can your health insurer deny a claim just because you smoke? A recent consumer court ruling says—not without proof. In a case involving a Rs 1 crore policy, the court ordered a PSU insurer to pay a lung cancer claim it had rejected over alleged “excessive smoking”.

Critical Illness Rider offers a lump sum payout upon diagnosis of specified illnesses such as cancer, stroke, or heart disease conditions frequently linked to tobacco use.

Updated : May 30, 2025

This World No Tobacco Day, Plan Not Just to Quit—but to Protect Your Finances Too

This World No Tobacco Day, the focus shouldn’t just be on quitting tobacco—but also on preparing for the financial impact of tobacco-related illnesses. With treatment costs running into lakhs, having critical illness and premium waiver riders can offer vital financial protection.

Package insurance policy provides all-round protection for the entire family

Updated : May 30, 2025

The roadmap of Gen Next Technologies in InsurTech

Digitisation has broken the geographical and structural barriers by replacing legacy, branch-led distribution models with scalable, tech-enabled solutions. InsuTechs have been driving higher accessibility through new channels and improving efficiencies in existing channels.

The Ayushman Vay Vandana Card will cover 1,961 medical procedures across 27 specialties, including cancer care, dialysis, and joint replacements.

Updated : May 27, 2025

Govt rolls out Ayushman Bharat Cards for 70+ seniors with Rs 5 lakh free treatment; here's how to apply

In a major relief for India’s elderly population, the government has launched a special Ayushman Bharat health card for senior citizens aged 70 and above, offering Rs 5 lakh in free treatment annually. The card is now available through a simplified online process via the Ayushman App.

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Insurance

Think Rs 25 lakh health insurance cover is enough? Expert drops a reality check

Do cross-border professionals need two health policies or a flexible cover?

61% mothers prioritise child’s financial stability, 46% pick term insurance as first choice: Bajaj Allianz Life Survey

Flying without cover: SBI Card withdraws air accident cover on ELITE, PRIME cards

'₹1.8 crore cover, ₹18 lakh upfront': Your flight ticket does more than just get you abroad

Air India plane mishap: LIC and Bajaj Allianz ease documentation for crash victims' kin; check claim process

Explained: How aviation insurance works and what the Air India crash may trigger

Zuno launches India’s first car insurance with built-in crash detection, auto claims trigger

Ahmedabad flight crash: Hull insured for $75–80 million, but Air India faces wider liability exposure, say experts

Air India plane crash: What passengers need to know about airline liability, compensation

Air India plane crash near Ahmedabad: What flight accident insurance covers

One income, many dreams: Why should term insurance take top spot in every single mom's financial plan

What health insurance add-ons should one look for that cover maternity and new-born care?

Inclusive insurance push: Diabetics, heart patients now eligible for wider coverage

Premium hike ahead? Govt mulls 18-25% increase in third-party motor cover, says report

BimaPay enters corporate insurance finance, targets Rs 20 cr in premiums by FY26

Thunderstorm damage in Delhi: What’s covered under your home and motor insurance?

Smoke, cancer and a Rs 9.4 lakh bill: Can insurers deny claims for smoking? Court says this

This World No Tobacco Day, Plan Not Just to Quit—but to Protect Your Finances Too

The roadmap of Gen Next Technologies in InsurTech

Govt rolls out Ayushman Bharat Cards for 70+ seniors with Rs 5 lakh free treatment; here's how to apply

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