Pension Plans

This blog is dedicated to general marketing and insurance information.

Sunday, June 29, 2008

highest insurance cover

National Aviation Co of India (NACIL), which runs the state-run carrier Air India, will go for a $6.5 billion insurance cover from Monday, the highest insurance coverage by any airline company in Indian sub-continent, said an airline official.








Source : Sify.com

Insurance Comparison websites in India

Indian insurance sector is booming and lot of foreign insurance companies have entered in Indian market with joint venture. Some of them like: Tata AIG, Bajaj Allianz, ICICI Prudential, Apollo DKV, Future Generali etc.., They have their own customised quotes and premium. Think if you have to take an insurance policy you will be confused by thinking questions like:
1) Which company is Best? either Government company (like The New India Assurance) or
Private company?
2) Whose policy will give me best and optimum benefits?
3) Which will offer me lowest premium?
4) Which have fast claim solving center?
5) Which is offering customer services? and lot more questions.. will take each one by
one.

But, to check various insurance providers quotes for different products like for car, health, travel, home, accident and life you should browse below websites. They provide unbiased comparison and detail of policy. They also have customer care center which can solve your queries:

Insurance comparison websites:
1) click2insure.com








2) Insurancemall.in








3) Insurancepandit.com






4) Policybazaar.com (upcoming....)

India : New IRDA chief for thrust on rural, health insurance

Developing an enabling environment for the growth of rural and health insurance tops the agenda of Mr J. Hari Narayana, new Chairman of Insurance Regulatory and Development Authority (IRDA).

“While protection of policy-holders’ interest is paramount to the regulator always, we will also ensure the spread of insurance in rural and health sectors. There is lot of potential in these sectors,” Mr Hari Narayana told Business Line after taking over as the third chairman of IRDA here on Thursday.

The regulator would be happy as long as the prescribed rural and social obligations are met by the companies, he said, adding that the current scenario was satisfactory in that regard.

Various ways and means would be “carefully examined” to ensure the health and penetration of health insurance, the chairman said. “There are some high-level panels which examined various aspects on health insurance and we will take appropriate steps shortly,” he said.

Personally, he felt that one should take health insurance at a younger age itself.

Observing that the growth of insurance industry was “very good” at 13 per cent last year at over Rs 75,000 crore, he said the growth could be 18 per cent this year.

On the significant share of Unit Linked Insurance Plans (ULIPs) in insurance industry and their dependence on a volatile financial market, Mr Hari Narayana said, “There is nothing to worry as Indian investors (holders of insurance policies) are very mature. We will monitor the situation while promoting transparency.”


Source: Business Line