Insurance News

Karnataka forms SIT to crack down on insurance claim frauds

The insurance advisory platform, Ditto Insurance, compares insurers on two key metrics: three-year average claim settlement ratio (by policy count) and number of complaints per 10,000 claims. Prospective buyers also need to take into account an insurer’s scale, track record, product portfolio and hospital network, among other factors.

The government has approved raising the EPF wage ceiling to Rs 25,000. This change will significantly increase the Employees’ Deposit Linked Insurance coverage amount. Nominees could receive a maximum assured sum of Rs 10.50 lakh or more. The revised ceiling aligns social security thresholds with current wage levels. Employers should await formal notification for detailed implementation provisions.

Navigating health insurance premiums can be tricky. Understand the crucial differences between deductibles and co-pays. While both share costs, one is fixed, the other a percentage. Discover which could cost you more and how to make the best choice for your financial well-being when medical needs arise.

The Russian president said Brics should strengthen independent routes for capital, labour and technology while promoting a balanced global governance system. | World News

The base GTL is where most organisations start. Voluntary enhancement provides affordable cover without underwriting hurdles. Riders extend protection to disability and critical illness. Employer employee plans provide continuity despite transitions, and keyman insurance protects the organisation itself.

Putin proposed the initiatives as the Brics member states and partner countries came together for an outreach session | India News

Rs 5 lakh health insurance claim denied by insurer over waiting period for pancreatitis; here's why the policyholder's wife won

Life Insurance Corporation of India (LIC) launched two new plans today (Tuesday, September 1, 2026) LIC s Bima Platinum (Plan 770) and LIC s Jeevan Raksha (Plan 894) on the occasion of its 70th anniversary. The salient features of the two plans are as follows

President P V Jayarajan, along with members Preetha G Nair and Viju V R of the Thiruvananthapuram District Consumer Disputes Redressal Commission, was hearing a complaint filed by a man who had taken a life guaranteed income pro policy in favour of his daughte