Why more competition may benefit policyholders: Aditya Birla Health Insurance CEO Mayank Bathwal
Aditya Birla Health Insurance CEO, Mayank Bathwal, talks to Riju Mehta about the benefits of the new insurance bill, the need to resolve insurer-hospital conflict through dialogue, and the reasons for the large number of customer complaints in health insurance.
Driver’s licence valid 30 days after expiry: Punjab & Haryana HC says insurer must pay compensation for accident
The Punjab and Haryana High Court ruled that a driving license remains valid for 30 days post-expiration under the Motor Vehicle Act. This decision prevents insurance companies from reclaiming compensation from drivers whose licenses expired within this statutory grace period, as the license is legally effective during this time. Read more.
Electric vs. conventional vehicle insurance: What sets them apart?
India's EV adoption is growing, making EV car insurance crucial. Unlike conventional policies, EV insurance covers unique components like batteries and charging systems. Premiums and coverage differ due to specialized parts, repair needs, and add-ons like battery protection, reflecting the evolving landscape of electric mobility.
LIC’s Protection Plus explained: Premium options, maturity benefits and key features
Health insurance complaints doubled in 6 years, 80% of all grievances: Ombudsman reveals top claim rejection reasons
Health insurance complaints have doubled in six years, now accounting for 80% of all grievances. Ombudsman calls for healthcare industry regulator and urges insurers to simplify policy terms as post-Covid awareness remains limited despite rising penetration.
