Consumers and Advice

1+ day, 12+ hour ago   (407+ words) The Insurance Regulatory and Development Authority of India (IRDAI) has levied a ₹1 crore penalty on Canara HSBC Life Insurance Company Limited over mis-selling of a life insurance policy to an 88-year-old customer, according to a Moneycontrol report. The regulatory proceedings…...

1+ week, 6+ day ago   (110+ words) DeFi Day 34: DeFi Insurance 🛡️ Today, let’s understand KuCoin 📚 DeFi Day 34: DeFi Insurance 🛡️ Today, let’s understand: What happens when something goes wrong in DeFi? Smart contract bug → Hack → User funds at risk DeFi insurance can help protect users against certain risks....

2+ week, 5+ day ago   (87+ words) Cover Magazine Searches for ‘emergency savings' are up by 950% compared to the year prior, with interest in ‘income protection' also up by 30% Cost considerations are becoming important for those searching income protection Searches for 'income protection cost' and…...

3+ week, 4+ day ago   (924+ words) It's important to shop around and compare life insurance quotes before you make a final decision. We'll walk you through how to do just that....

3+ week, 4+ day ago   (239+ words) In an uncertain world it’s good to know that parametric payouts are being actioned after Cat events; Liberty Mutual Reinsurance (LM Re), part of Liberty Mutual Insurance Group, in partnership with Safehub has made the world’s first earthquake parametric payment…...

1+ mon, 26+ min ago   (269+ words) Whalesbook The Indian government, led by the Insurance Regulatory and Development Authority of India (IRDAI), is preparing to implement significant reforms in the health insurance sector A multi-stakeholder panel is currently working to finalize recommendations aimed at controlling medical inflation,…...

4+ week, 2+ day ago   (206+ words) Nearly 2,000 Guardian India employees have transitioned to HCLTech under the deal, with HCLTech establishing a dedicated Strategic Business Unit focused exclusively on supporting Guardian. The unit will drive technology innovation, engineering excellence, operational transformation and maturity across Guardian’s products and…...

4+ week, 2+ day ago   (536+ words) India is weighing a common health-insurance policy, benchmark hospital rates and faster digital claims. Know what may change for policyholders. India is considering a major overhaul of health insurance that could require every insurer to offer a standard policy with…...

1+ mon, 16+ hour ago   (529+ words) Though it may seem morbid to many, life insurance is something that holders lean on to offer safety and security for their future. But as domestic and international circumstances continually drive the cost of living up, holding a policy can…...

1+ mon, 1+ day ago   (510+ words) Premature Insurance Policy Surrender: Life insurance surrenders have surged, with early exits concentrated in the first two years. Why are policyholders leaving policies early despite tighter disclosure and suitability rules?...