Insurers Adapt to Escalating Climate-Driven Hazards: A Deep Dive into the Future of Insurance
Insurers Adapt to Escalating Climate-Driven Hazards: As climate change continues to accelerate, the insurance industry…
Insurers Adapt to Escalating Climate-Driven Hazards: A Deep Dive into the Future of Insurance
Insurers Adapt to Escalating Climate-Driven Hazards: As climate change continues to accelerate, the insurance industry finds itself at a critical juncture. With rising sea levels, intensifying hurricanes, unprecedented wildfires, and extreme weather events becoming more frequent, insurers are rapidly adapting to a new era of climate-driven risks. This evolution is reshaping the way insurance companies…
Loss of Automatic Reenrollment Causes Drop in Health Insurance Coverage: New Study Insights
Loss of Automatic Reenrollment Causes Drop in Health Insurance Coverage: A recent study published in JAMA Health Forum by researchers from the University of Pittsburgh, University of South Carolina, and Emory University reveals a concerning trend: the removal of automatic reenrollment for zero-premium health insurance plans has led to a significant decline in coverage among…
Tamil Nadu Government Extends New Health Insurance: Scheme for Employees Till 2026
Tamil Nadu Government Extends New Health Insurance: In a significant move to ensure continued healthcare protection for its workforce, the Tamil Nadu government has extended the New Health Insurance Scheme (NHIS), 2021 by another year. Initially set to expire on June 30, 2025, the scheme will now remain in force till June 30, 2026, offering…
Insurance Illusion: 79% of Indians Unsure What Their Policies Actually Cover – CoverSure Survey Reveals
Insurance Illusion: A recent survey conducted by InsurTech platform CoverSure has brought to light a startling revelation: 79% of Indian policyholders are unsure whether their current insurance policies offer adequate coverage. Released ahead of National Insurance Awareness Day on June 25, the survey draws attention to a growing crisis of insurance illiteracy and under-insurance in…
Consumer Panel Bars Loan Recovery from Widow: Finance Firm Penalised for Insurance Error
Consumer Panel Bars Loan Recovery from Widow: In a landmark decision that upholds the rights of consumers and promotes accountability among financial institutions, the Tirunelveli District Consumer Disputes Redressal Commission has barred Cholamandalam Investment and Finance Company Ltd. from recovering a ₹15 lakh loan from a 55-year-old widow. The loan, originally taken by her now-deceased…
How NRIs Can Benefit from Buying: Health and Term Insurance in India
How NRIs Can Benefit from Buying: For Non-Resident Indians (NRIs), safeguarding the health and financial well-being of their loved ones back in India is a top priority. With rising healthcare costs globally and increasing lifestyle-related health risks, having a robust health and term insurance policy is not just a necessity but a financial strategy. Indian…
Affordability and Health Insurance in India: A Comprehensive Guide
Affordability and Health Insurance in India: India has made substantial strides in expanding access to healthcare, but achieving Universal Health Coverage (UHC) remains a challenge due to gaps in insurance coverage among key population segments. The government of India has adopted a four-pronged strategy to address this: strengthening public healthcare infrastructure, mandating insurance for formal…
SBI Card Major Policy Update: Air Accident Insurance Discontinued & Minimum Due Payment Rules Revised
SBI Card Major Policy Update: In a significant shift affecting lakhs of SBI credit cardholders, SBI Card has announced crucial changes to its credit card policies, effective from July 15, 2025. These updates mark the discontinuation of complimentary air accident insurance for several premium and co-branded cards, along with a revamped structure for minimum due…
Health Insurance in Crisis: Rising Premiums, Delayed Claims & Diminishing Trust – Are You Still Covered?
Health Insurance in Crisis: In recent years, health insurance—once seen as a safety net—has morphed into a complex, expensive, and sometimes unreliable product. Once marketed with emotionally resonant slogans like “Sar Utha Ke Jiyo”, insurance promised peace of mind, protection from life’s uncertainties, and dignity even in the face of adversity. However, in today’s volatile…
