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What is the difference between deductible, co-payment in a health insurance policy If you are confused by personal finance terms, jargon and calculations, here’s a new series to simplify and deconstruct these for you. In the fifth part of this series, ET Wealth explains the difference between deductible and co-payment.
01 Jul, 2024, 06.30 AM ISTGet Rs 10 lakh insurance policy at Rs 555 premium: New accidental insurance cover launched; know features, where to buy India Post Payments Bank (IPPB) has recently launched personal accident covers at an affordable premium. There are various variants of Health Plus and Xpress Health Plus. From coverage to premium to benefits — read all about the new accident covers ...
28 Jun, 2024, 04.23 PM ISTAmazon tops up India payments business with Rs 600 crore Amazon Pay India intensified competition with Paytm, PhonePe, and Google Pay, receiving a capital infusion of Rs 600 crore. The company invested Rs 950 crore in the platform and Amazon Seller Services, facing challenges due to RBI actions. With tie-...
27 Jun, 2024, 03.24 PM IST- ADVERTISEMENT
Reinsurance and coinsurance not under tax ambit The GST Council also recommended clarifications on taxability of reimbursements of securities or shares as employee stock option plans given by a company to its workers. Officials said exemptions would be conditional and notified later. Coinsuranc...
24 Jun, 2024, 05.30 AM ISTPause on the cards: Fintechs may take a hit as most banks stay away from BBPS RBI mandates credit card bill payments through BBPS, but only 8 of 34 banks are live on the network, causing concern among payment companies like PCI for an extension.
21 Jun, 2024, 06.01 AM ISTRBI using forex market tools to ease liquidity tightness RBI uses forex tools to inject cash into banking system ahead of large outflows due to advance tax payments, keeping borrowing costs low and increasing reserves without impacting inflation-fighting stance.
13 Jun, 2024, 07.30 AM ISTIRDAI asks life insurers to offer surrender value in first year The regulator issued a master circular, which mandates insurers to pay special surrender value (SSVs) after the first policy year, provided one full year's premium has been received.
13 Jun, 2024, 12.59 AM ISTPoor service on premium air ticket: Air India asked to pay Rs 1 lakh compensation for defective seats in Delhi Toronto return flights Air India: A international AI flight from Delhi to Toronto return was booked by a retired Admiral. However for the entire journey of more than 14 hours the airline could not offer a working seat. This is despite the Admiral paying a premium for busi...
12 Jun, 2024, 01.16 PM ISTInsurers must offer a basic cover, strict claim deadlines Regulator mandates 'pay as you drive' option in motor insurance. Customers to benefit from tailored products and roadside assistance services. Insurers bear salvage disposal burden, offer flexible 'fire' policy options.
12 Jun, 2024, 07.32 AM ISTInvestors rejoice: Surakshit Nivesh Yojna (PDPMY Phase-2) launches at Delhi Mall Complex Raheja Developers launches Surakshit Nivesh Yojna (PDPMY Phase-2) at Delhi Mall Complex, offering investment opportunities with shop sizes from 40-150 Sq. Ft. and special benefits for senior citizens and women.
31 May, 2024, 10.46 AM ISTDICGC posts 17% growth in insurance fund The fund is collected by premiums received from insured banks, interest income from investments, and cash recoveries from failed banks. The deposit insurance limit in India is set at ₹5 lakh per depositor per bank.
31 May, 2024, 06.03 AM ISTIRDAI in favour of 100% cashless claim settlement in health In terms of cashless claims, the regulator wants insurers to decide on authorisation requests within one hour of receipt. It has directed insurance companies to put in place necessary systems and procedures to meet the new guidelines by July 31, 202...
30 May, 2024, 05.28 AM ISTTide enables bill payments for MSMEs to streamline expenses Tide’s Bill Payments are expected to help small businesses pay for a range of utilities such as electricity, gas, postpaid mobile and broadband bills.
28 May, 2024, 02.01 PM ISTWhy it's a good time for the producers and exporters of premium, flavoured orthodox teas Orthodox tea exports are thriving, with Iran's controlled payments and Indian ambassador Rudra Gaurav Shresth's support aiding trade. Mohit Agarwal of Asian Tea anticipates a 10% increase in overall exports, citing a rise in exports to Russia.
23 May, 2024, 08.12 PM ISTCards vs UPI; Byju’s advisory council dissolved Happy Monday! UPI's ease of use is driving a shift to cashless payments, leaving debit cards behind. This and more in today’s ETtech Morning Dispatch.
20 May, 2024, 05.42 PM ISTInsurers are having a Chillar Party: Maternity insurance sales skyrocket as couples brace for soaring costs Rising childbirth costs in India drive a surge in demand for maternity insurance, growing at 80% annually. PolicyBazaar data reveals 78% of policies are bought by men. Insurers see these policies as customer magnets despite expected claims. Factors ...
11 May, 2024, 03.14 PM ISTHow to select the right motor insurance cover: 8 points to consider Evaluate your coverage needs based on the type of vehicle and its usage. Determine whether you require basic third-party liability coverage or comprehensive coverage that includes protection against own damage, theft and natural calamities.
06 May, 2024, 06.30 AM ISTHDFC Ergo Paws n Claws pet insurance cover: Who can purchase, what is covered, what is not, premium, duration HDFC ERGO's Paws n Claws offers end-to-end pet care, encompassing everything from diagnostics to procedures and medications, guaranteeing thorough coverage. The cover extends the flexibility to insure up to 5 pets under a single policy, with a provi...
08 Apr, 2024, 04.39 PM ISTFM: Atal Pension Yojana offers best guaranteed minimum 8 percent return Finance Minister Nirmala Sitharaman highlighted the benefits of the Atal Pension Yojana (APY), calling it an affordable scheme with a guaranteed pension amount. The scheme has provided a competitive 9.1% return since its inception, she noted. Sithar...
27 Mar, 2024, 12.44 AM ISTPaid-up insurance policy: 5 things to know When a plan is converted into a paid-up policy, there is no further obligation to pay regular premiums and can be a big financial relief in difficult times. All you need to know about Paid-up insurance policy.
18 Mar, 2024, 06.30 AM IST