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Tag: premium

Cohort based pricing
Health insurance & Cohort-based pricing

By: Insurancepe March 7, 2024

You may have heard the phrase ‘cohort-based pricing’ being tossed around a lot recently; owing to the news that the regulator IRDAI is considering a proposal from health insurers to
It’s well known that vehicle dealerships today often provide end-to-end financing and insurance solutions. It does not take a genius to figure out why – they simply want to make
Is your bank loan insured?

By: Insurancepe October 21, 2023

When Mr. S. Kumar took a loan of Rs. 10 Lakhs for his business in 2018, the bank, in Namakkal district of Tamil Nadu, deducted a premium of Rs. 35,535
The Government of Telangana has announced on 30th July, 2023 that it has plans to launch a free insurance scheme for unorganised sector workers on the lines of Rythu Bima.
CERTAINTY or UNCERTAINTY – Your Preference

By: Insurancepe July 5, 2023

“The whole world’s in a terrible state o’ chassis” – Captain Boyle from the play Juno and the Paycock. As Jean-Jacques Rousseau rightly said, “Everything, including life is in constant
How do you keep insurance inexpensive?

By: Insurancepe March 3, 2023

“You’d get very rich if you thought of yourself as having a card with only twenty punches in a lifetime, and every financial decision used up one punch. You’d resist
On February 1, 2023 presentation of the budget, the government proposed that income from policies issued on or after April 1, 2023 with an aggregate premium of more than Rs.
As per the Motor Vehicle Act 1988, it is compulsory for vehicles to be insured (atleast for Third Party Liability) and the Certificate of Insurance is proof of such insurance
The Right to Inspect!

By: Insurancepe August 29, 2022

One of the Conditions from the Motor Policy Document is: “The insured shall take all reasonable steps to safeguard the vehicle insured from loss or damage and maintain it in
Spooksafe Insurance Policy

By: Insurancepe April 25, 2022

Spooksafe “insurance policy” protects against paranormal and supernatural losses. ‘Spook’ means Ghost. The policy covers, like life and disability policy, the costs that may arise from haunting encounters, including:  A