Maternity Insurance in India: Essential Insights for Expectant Parents Entering the phase of parenthood is a joyous and life-changing experience. However, it also involves making critical decisions, especially in understanding and acquiring maternity insurance. Financial preparedness is crucial, not just for delivery charges but also for numerous pre and post-delivery medical expenses, including obstetrician visits, essential dietary supplements, and more. This comprehensive guide explores the top five points you must know about maternity insurance in […]

Star Health Receives $68,000 Ransom Demand After Data Leak Star Health and Allied Insurance Co. Ltd. reported on Saturday, October 12, that it had received a ransom demand of $68,000 following a breach involving confidential customer data and medical records. This announcement was made through the company’s BSE filing. Key Details: Ransom Demand: $68,000 Data Compromised: Confidential customer data and medical records Communication: Series of emails to senior executives “The incident involved a series of […]

National Flood Insurance Program (NFIP) Necessitates Urgent Reform The National Flood Insurance Program (NFIP) is in dire need of reform, as emphasized by Daniel Kaniewski, a former deputy administrator of the Federal Emergency Management Agency (FEMA) and current Managing Director at Marsh McLennan. The Need for Legislative Overhaul Kaniewski underscores the necessity for legislative amendments to alleviate the financial burden of flood insurance for American homeowners and renters: Cost Reduction: Legislative changes are essential to […]

Introducing “Compass” by Policybazaar for Business: A Game-Changer in Risk Management for Large Corporates Gurugram, 10th October 2024 – Policybazaar for Business (PBFB), the corporate division of India’s largest insurance marketplace, proudly unveils its latest innovation, ‘Compass.’ This platform aims to revolutionize the way large corporations handle their insurance portfolios and risk management, ensuring they do so with unparalleled efficiency and control. Features of Compass Compass is designed to centralize and streamline insurance portfolio management […]

Understanding Your Eligibility for Surrender Value in Life Insurance In today’s dynamic financial landscape, navigating life insurance policies can be complex, especially when faced with unforeseen personal challenges such as job loss. Below, we provide clear insights into the eligibility for surrender value after the first-year premium payment, aligning our guidance with the authoritative voice of Estabizz Fintech Private Limited. Current Regulatory Framework and Your Policy The Insurance Regulatory and Development Authority of India (IRDAI) […]