Insurance

Kinsu: The app trying to shake up insurance with a kinder, more socially responsible approach

Each policy purchased helps one rough sleeper off the streets through a partnership with homelessness charity Streetlink It seems insurers will go to any lengths in order to distract from what they’re actually selling. Such advertising gimmicks devalue what insurance is about, according to Chris Sharpe, co-founder of new insurance app Kinsu. He aims to change the way people feel about an industry that, it’s fair to …

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Delay In Filing Insurance Claim No Reason To Reject It, Says Supreme Court

New Delhi: Insurance claims cannot be rejected if the reason for a delay in filing it is satisfactorily explained, the Supreme Court has said while granting relief to a man who was denied the claim for his stolen vehicle. A bench of Justices R K Agrawal and S Abdul Nazeer said that rejection of the claims on purely technical grounds in …

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4 Health Insurance Updates for 2018

4 Health Insurance Updates for 2018 As the end of the year approaches, one item on your to-do list should be reviewing your company’s health insurance plan in preparation for the Jan. 1 renewal deadline. Health insurance-related laws and regulations are constantly changing. Moving into 2018, there are four important health insurance updates to be aware of. Bob Chiesa, president, …

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Life insurance being seen as protection instrument, not just a tax saver. Here is why

MUMBAI: The number of life insurance policies sold in India fell in 2016-17 from the previous year but the total cover increased 14% in value, indicating that the domestic industry is maturing to being seen as a protection instrument from being just a tax saver. The total number of policies sold during the year fell to 264.56 lakh from 267.38 lakh …

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