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Insurance

At the heart of aviation insurance is the Hull All-Risk policy, which covers physical damage to the aircraft. This includes incidents on the ground, in-flight accidents, and collisions.
Updated : Jun 13, 2025

Explained: How aviation insurance works and what the Air India crash may trigger

The Air India Boeing 787 crash near Ahmedabad is set to trigger multiple layers of aviation insurance coverage. From hull damage to third-party liability, the financial implications could be substantial for both the airline and its global reinsurers.

Zuno Smart Drive already features India’s first built-in ‘Pay How You Drive’ model at no extra cost, rewarding safe drivers with weekly incentives and policy renewal discounts.
Updated : Jun 12, 2025

Zuno launches India’s first car insurance with built-in crash detection, auto claims trigger

The real-time crash detection capability allows the Zuno app to automatically sense accidents and alert the insurer’s support team, triggering instant roadside assistance and claims processing without any manual customer input.

Ahmedabad plane crash
Updated : Jun 12, 2025

Ahmedabad flight crash: Hull insured for $75–80 million, but Air India faces wider liability exposure, say experts

Narendra Bharindwal, President of IBAI, told Business Today that in cases involving large commercial aircraft like the Boeing 787, the financial impact is not shouldered by a single insurer.

Specialised flight accident insurance provides coverage specifically for accidents that may occur during air travel.
Updated : Jun 12, 2025

Air India plane crash: What passengers need to know about airline liability, compensation

In the event of death or bodily injury on an international flight, airlines operating in India are bound by the Montreal Convention, 1999, an international treaty to which India is a signatory.

India deploys advanced jamming systems to deter Pakistani military aircraft
Updated : Jun 12, 2025

Air India plane crash near Ahmedabad: What flight accident insurance covers

Ahmedabad plane crash: Flight accident insurance provides financial support during air travel accidents. It includes medical bills, disability benefits, and accidental death cover.

The best time to buy term insurance is as early as possible. Younger policyholders pay less and lock in protection for longer.
Updated : Jun 12, 2025

One income, many dreams: Why should term insurance take top spot in every single mom's financial plan

Term plans provide significant coverage at relatively low premiums, making them ideal for single mothers managing monthly expenses on their own. This affordability means long-term security doesn’t have to come at the expense of day-to-day needs.

For individuals facing infertility, certain health insurance policies cover medical procedures designed to assist with managing the condition.
Updated : Jun 11, 2025

What health insurance add-ons should one look for that cover maternity and new-born care?

Maternity coverage and newborn care can have a waiting period from 9 months to 3 years, varying by insurer or product. Health insurance covers these expenses only after this waiting period.

New policies accept higher HbA1c levels and revised BMI cutoffs, offering more inclusive coverage options with potential premium adjustments.
Updated : Jun 7, 2025

Inclusive insurance push: Diabetics, heart patients now eligible for wider coverage

Insurers have relaxed health insurance underwriting norms, thereby expanding access for individuals with chronic conditions such as diabetes and heart disease, a Policybazaar note stated.

Mandatory under the Motor Vehicles Act, Motor Third Party insurance offers protection for third-party liabilities resulting from accidents with insured vehicles.
Updated : Jun 6, 2025

Premium hike ahead? Govt mulls 18-25% increase in third-party motor cover, says report

Third-party motor insurance premiums, which are mandatory for all vehicle owners in India, may see an 18% hike in FY26. The Ministry of Road Transport and Highways is reviewing a proposal from IRDAI to revise rates after a four-year freeze. The move comes amid rising claim costs and pressure on insurers' profitability.

Experts advice that one should take corporate insurance policy as a secondary option alongside a separate health insurance plan that caters to your specific medical needs.
Updated : Jun 5, 2025

BimaPay enters corporate insurance finance, targets Rs 20 cr in premiums by FY26

BimaPay Finsure has launched India’s first-of-its-kind premium financing solution tailored for corporate insurance, aiming to ease the financial burden of upfront premium payments for businesses.

Delhi and its neighbouring cities were recently battered by sudden dust storms and gusty winds, damaging homes, vehicles, and infrastructure. The chaotic weather has reignited concerns over India’s vulnerability to natural disasters.
Updated : Jun 5, 2025

Thunderstorm damage in Delhi: What’s covered under your home and motor insurance?

Natural disasters cause India losses of up to 2% of GDP annually, yet insurance coverage remains low. The recent storms in Delhi-NCR have reignited debate over how well-protected individuals and businesses really are. Experts say it’s time to rethink risk and invest in stronger coverage.

The insurer failed to provide any medical evidence linking the policyholder’s lung cancer directly to his smoking habit.
Updated : Jun 3, 2025

Smoke, cancer and a Rs 9.4 lakh bill: Can insurers deny claims for smoking? Court says this

Can your health insurer deny a claim just because you smoke? A recent consumer court ruling says—not without proof. In a case involving a Rs 1 crore policy, the court ordered a PSU insurer to pay a lung cancer claim it had rejected over alleged “excessive smoking”.

Critical Illness Rider offers a lump sum payout upon diagnosis of specified illnesses such as cancer, stroke, or heart disease conditions frequently linked to tobacco use.
Updated : May 30, 2025

This World No Tobacco Day, Plan Not Just to Quit—but to Protect Your Finances Too

This World No Tobacco Day, the focus shouldn’t just be on quitting tobacco—but also on preparing for the financial impact of tobacco-related illnesses. With treatment costs running into lakhs, having critical illness and premium waiver riders can offer vital financial protection.

Package insurance policy provides all-round protection for the entire family
Updated : May 30, 2025

The roadmap of Gen Next Technologies in InsurTech

Digitisation has broken the geographical and structural barriers by replacing legacy, branch-led distribution models with scalable, tech-enabled solutions. InsuTechs have been driving higher accessibility through new channels and improving efficiencies in existing channels.

The Ayushman Vay Vandana Card will cover 1,961 medical procedures across 27 specialties, including cancer care, dialysis, and joint replacements.
Updated : May 27, 2025

Govt rolls out Ayushman Bharat Cards for 70+ seniors with Rs 5 lakh free treatment; here's how to apply

In a major relief for India’s elderly population, the government has launched a special Ayushman Bharat health card for senior citizens aged 70 and above, offering Rs 5 lakh in free treatment annually. The card is now available through a simplified online process via the Ayushman App.

Experts said one should choose comprehensive coverage with engine protection, and should report flood damage to your insurer immediately.
Updated : May 27, 2025

Is your car insurance ready for Mumbai rains? Many policies won’t cover this damage; check details

As Mumbai reels from its wettest May in over a century, thousands of vehicles risk serious flood damage. Insurance experts say most car owners may not be financially protected unless they’ve opted for specific add-ons. Without engine protection or zero depreciation covers, even comprehensive policies may fall short.

With OPD cover, a senior citizen can visit their regular doctor, undergo routine blood tests, and fill prescriptions without worrying about expenses.
Updated : May 24, 2025

Insurance rethink for seniors: Why OPD-focused plans matter more than ever for elderly well-being

With India’s elderly population growing rapidly, managing routine medical expenses has become a key concern for families. OPD-focused health plans are emerging as a crucial solution to cover doctor visits, diagnostics, and follow-ups without financial stress.

Insurance covers damages due to natural disasters, such as floods, cyclones, landslides, fire, lightning, riots, and even theft after such events.
Updated : May 23, 2025

Bengaluru tenants face flood fury—Here’s how home insurance can save your belongings

As extreme weather events become more frequent, the importance of insurance coverage—whether for homeowners or tenants—has never been greater. Sudden downpours, like the ones Bengaluru witnessed recently, can cause unexpected damage to homes and belongings, making financial protection essential.

Supreme Court makes assets of judges public
Updated : May 21, 2025

Adani, Ambanis, Birla fund landmark Rs 50 cr health insurance plan for SC bar members: Report

India's major business leaders have collectively funded a ₹50 crore health insurance scheme for the Supreme Court Bar Association, offering comprehensive coverage to its members, including cashless treatment and maternity benefits.

Term insurance differs from other types of life insurance in that it offers coverage for a specific period of time.
Updated : May 14, 2025

Mis-selling is the biggest scam in life insurance — Expert explains what you actually need

Insurance expert Nikhil Jha, in a social media post, noted that policyholders should only go for term insurance as it’s pure protection — no returns, no gimmicks, just solid financial security for your dependents if something happens to you.

Tata AIA Life Insurance study surveyed employed individuals from Generation Z aged 21-28 in eight major cities (Delhi, Mumbai, Bangalore, Kolkata, Hyderabad, Pune, Jaipur, and Patna).
Updated : May 13, 2025

Term insurance getting popular among working Gen Z: Tata AIA Life Insurance report

With growing interest in the F.I.R.E. (Financial Independence, Retire Early) movement, many are balancing present-day needs with a long-term view, 18% are already considering retirement and pension plans.

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