Insurance

When Aegon Religare Life Insurance began operations in India in 2008, its marketing campaign focused on the problem of underinsurance in India.

A good percentage of millennials are aware about the benefits of good health and adequate medical cover, but a large percentage still looks at health insurance as a tax saving instrument.

"In today's interconnected world, it is imperative for companies to have adequate security and data protection measures and top that protection through a cyber liability insurance policy,'' says M Ravichandran, president – insurance, TATA AIG General Insurance.

It's one of the ultimate travel nightmares: something happens in your trip that leaves your belongings lost, stolen, or damaged. It's even worse when the items that are lost or damaged happen to be the expensive ones. Travel insurance is one way to set your mind at ease, but is it possible that your claims can be rejected?

Experts say that while a delay in issuing final guidelines on the foreign investment cap hike in the insurance sector is hampering investments and growth within the industry, it will affect the ability of companies to offer a better and wider range of products at competitive prices.

The insurance regulator has proposed to put an end to the practice of paying additional commission to the agents of non-life and health insurance companies.