Online or cyber scams are more common than you can imagine. 56.1% of Indians fell a victim to online discount frauds last year merely by clicking on links that took them to sketchy, fake or unauthorized websites.
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Over 2 Lakh 60 thousand active coronavirus cases and more than 20,000 deaths. It’s the beginning of July, and COVID-19 pandemic in India doesn’t show any signs of slowing down. Almost 4 Lakh patients have been cured or discharged till date, and that’s the only encouraging number that brings some relief.
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The COVID-19 Pandemic and the widespread lockdown in India can be described as evolving situations. It’s the third phase of nationwide restrictions on businesses.
Barring some exceptions, all sectors and commercial activities are gearing up for a tough year. The insurance industry is no different!
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COVID-19 cases in India have now crossed 50,000 as the country extends its lockdown for two more weeks starting 4th May. The Coronavirus outbreak is leading to considerable economic hardship for all businesses, communities and consumers. The insurance industry has been struck too.
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“Tax saved is income earned” – That’s the modern-day version of an age-old cliche-money saved is money earned. As we stepping into new fiscal year and striving through this lockdown, every financial decision should be taken with utmost care.
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The Nationwide Coronavirus-Lockdown has been initiated in India to flatten the sharply-rising curve and control the community spread of COVID-19 disease.
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The growing number of lifestyle diseases, double-digit medical inflation, rising healthcare costs and increasing uncertainties are slowly but surely making Indians realize the immense value of a health insurance policy. Undoubtedly, the mindset is changing. However, as the spotlight intensifies, is it appropriate to claim that our health insurance sector and policies are flawless with no room for improvement?
Most experts would say “No, it is not.”
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“Coronavirus” – The dreaded word, virus, and the subject that has been the centre of attention for most citizens across the world, including India. What is this virus, illness and the outbreak all about?
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The Insurance sector plays a crucial role in the growth and general well-being of the Indian economy. It considerably increases saving opportunities for individuals and helps in safeguarding their future by providing much-need protective covers. Availability of a massive pool of funds allows the sector to contribute substantially to the capital markets and invest in large-scale infrastructure development.
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Are You Finalising a Health Insurance Plan? Do you know that over 5 crore Indians move below the poverty line every year due to insufficient financial medicare protection and only 5% claim to have suitable health covers per their age, family status and location? Are you aware that corporate or group insurance plans are usually in the single-digit lakhs and they are often not enough for your family of four?
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