India now has a state-backed answer to one of shipping’s most expensive risks. The Department of Financial Services (DFS), under the Finance Ministry, launched the country’s first sovereign-backed Protection and Indemnity (P&I) insurance product under the Bharat Maritime Insurance Pool (BMIP) at an event in New Delhi on 30 July
The latest suspensions leave Chandigarh commuters with only Sahkari Taxi Cooperative Limited’s Bharat Taxi, while drivers continue to flag concerns over fares, insurance and working conditions. Chandigarh has suspended the aggregator licences of Uber and Rapido for six months, citing continued violations of the Chandigarh Administration Motor Vehicles Aggregators Rules,
IRDAI released its consultation paper on the Public Insurance Registry on 1 September 2026. It proposed a digital public infrastructure that would let a policyholder see life, health, motor, general and agriculture cover in one place. What is being proposed The registry is proposed as a fix for a problem
ICICI Lombard is looking at a ₹1 crore penalty from IRDAI over how it handled outsourcing and corporate governance requirements. The inspection behind this happened in 2019, so the matter has been with the regulator for a long time. There’s more than just the fine too. IRDAI also called out
The 73-year-old professor alleged the bank presented the policy as a one-time investment without her free and informed consent. The Hyderabad District Consumer Disputes Redressal Commission has held a bank and an insurance company jointly responsible for allegedly mis-selling a ₹10 lakh insurance policy to a 73-year-old retired associate professor.
Life insurance is one of the most important financial tools for protecting your family’s future. Yet many people buy a policy without fully understanding how it works. Looking closely at the features of life insurance helps you choose the right plan, avoid surprises later, and make better long-term financial decisions.
It is an uncomfortable thought, but one most of us think about: what happens to the people who rely on us if we are suddenly not here? It is not a pleasant mental state, but it is a deeply necessary one. That is where term insurance comes in. It is
Nobody buys health insurance for fun; you buy it because private healthcare costs are expensive and evolving day by day. You pay the premium annually or monthly, assuming that if things go bad, the company will have your back. But paying premiums is the easiest part. The real challenge comes
RTI (Return to Invoice) in car insurance is one of the most valuable add-ons for vehicle owners in India, especially if protecting your financial investment is a priority. While standard car insurance offers essential coverage, it may not fully compensate you in cases like total loss or theft due to
After retirement, financial stress never gets a pause; it gets multiplied if there is any serious medical issue in a retiree’s family. Without a passive source of income, a single hospitalisation can wipe out years of your hard-earned savings. Yet many senior citizens lack proper knowledge and information about dedicated
