Introduction (State Farm) : When it comes to insurance and financial services, State Farm stands tall as a trusted name in the industry. With its rich history and dedication to customer satisfaction, State Farm has become a household name for millions of Americans. In this blog, we’ll explore what State Farm is, where it is … Read more
State Farm, the largest provider of auto and home insurance in the US, has recently announced its decision to stop accepting new home insurance applications in California. The company cited the escalating risks posed by wildfires and the soaring costs of construction as the primary reasons for this move. Effective May 27, State Farm ceased … Read more
Tata AIA Life Insurance is taking steps to enhance its presence in the health insurance sector by offering a broader range of policies. The company’s goal is to provide short-term health insurance and indemnity plans, pending the approval of the Insurance Regulatory and Development Authority of India (Irdai) to allow insurers a composite license for … Read more
In a remarkable move to address the surging cases of mental health issues, the Insurance Regulatory and Development Authority of India (IRDAI) has taken significant steps towards enhancing mental health coverage in health insurance policies. After a missed deadline, the regulator has established a five-member expert committee comprised of medical professionals and insurers to provide … Read more
Max Healthcare Institute, a leading healthcare provider, announced an impressive 86% surge in its Profit After Tax (PAT) for the fourth quarter of 2022-23. The company’s PAT soared to an impressive Rs 320 crore, showcasing a remarkable improvement in operating metrics across its hospitals, coupled with a reduction in finance costs. Comparatively, the PAT reported … Read more
In a move aimed at revolutionizing healthcare access, Punjab State Health Agency has unveiled an extraordinary initiative to enhance the reach of the highly acclaimed Mukhya Mantri Sehat Bima Yojana scheme. Commencing today, May 24, the agency will orchestrate special camps across the state to expedite the issuance of e-cards to eligible beneficiaries. This flagship … Read more
In today’s world, having health insurance is crucial to cope with rising medical costs. Depending solely on savings can be challenging, especially with the increasing medical inflation. Health insurance provides a financial safety net during medical emergencies, either through cashless treatments or reimbursement claims. However, claim rejections can cause significant financial burdens and hardships. To … Read more
Dive into the depths of the enigmatic world of fire insurance and arson in our all-encompassing blog post. Gain a comprehensive understanding of fire insurance, demystify the complex phenomenon of arson, and explore the intriguing connection between the two. Join us as we embark on a captivating journey filled with step-by-step explanations, illustrative examples, and … Read more
SBI General Insurance has introduced an innovative digital-only health insurance product, Health Edge Insurance, that redefines the way individuals access and customize their coverage. With an affordable starting premium of less than Rs 5,500 per annum for a Rs 3 lakh cover, this groundbreaking plan offers extensive benefits and flexibility. The Health Edge plan incorporates … Read more
SBI General Insurance has set a new benchmark in the insurance industry with the launch of its groundbreaking digital-only health product, Health Edge Insurance. Boasting an irresistible starting premium of under Rs 5,500 per annum for a robust Rs 3 lakh cover, this innovative offering is set to transform the way we approach health coverage. … Read more
