News
Why apartment owners need personal home insurance beyond their RWA's cover
3+ hour, 46+ min ago (805+ words) Some years ago, my aunt's flat in Delhi was gutted in a fire. She assumed the Resident Welfare Association (RWA)'s building insurance would take care of things. It did not. She struggled to obtain a copy of the policy…...
Home loan insurance: Why your cover may not match your loan
5+ mon, 3+ week ago (1160+ words) Festivals in India are considered auspicious for making big purchases, and for many families, that means buying a home. This year has been no different. Property registrations have jumped 32% from a year earlier in September, with Mumbai alone accounting for…...
Reality hits home: Why India can't afford to ignore property insurance
5+ mon, 4+ week ago (521+ words) A home or a place of business is often the single largest investment a family or an entrepreneur makes. Protecting that investment should be as fundamental as building it. Yet in India, the conversation on home and property insurance remains…...
Farmers need insurance payouts for climate setbacks without proving losses
6+ mon, 5+ day ago (626+ words) India's agriculture sector employs nearly half of its population and accounts for about 18% of the country's gross domestic product (GDP). It relies on smallholder farmers, representing around 86% of all farm holdings in India. These farmers and other vulnerable communities at…...
Brace for risk repricing as insurers face rising climate claims
7+ mon, 2+ week ago (228+ words) The climate emergency is no longer a distant threat on actuarial spreadsheets. It is reshaping how insurers calculate risk, fix prices and design products. Insurance, once built on the assumption that yesterday's weather is a fair guide to tomorrow's, is…...
Insuring your home? Avoiding these 5 common mistakes can make all the difference
8+ mon, 2+ day ago (640+ words) Over the past month, torrential rainfall has left people stranded in parts of Hyderabad and some cities in Maharashtra. These aren't isolated cases " various Indian cities and towns suffer floods every monsoon. In the aftermath of floods, many homeowners are…...
Home Insurance: What it covers, how much it costs " All you need to know
9+ mon, 1+ week ago (572+ words) A good home insurance covers a whole host of incidents including flood, cyclone, tsunami and earthquakes. Here is a guide on what home insurance covers, exclusions and things that you should keep in mind while opting for such policies. Subsidence…...
Should you buy OPD insurance? Get the complete lowdown to help you decide.
10+ mon, 2+ day ago (573+ words) Imagine this: you have some health issues and visit a doctor. She prescribes you medicines and a couple of diagnostic tests. You pay a good amount of money for the doctor's consultation, medicines and tests, and wonder whether your health…...
Now get insurance coverage for weather-related damages " Here's how
11+ mon, 3+ week ago (568+ words) Bajaj Allianz offers a 'Climate Safe' insurance policy to protect against losses from climate change. It covers increased living costs, commuting expenses, and income loss due to extreme weather." Now get insurance coverage for weather-related damages " Here's how Bajaj Allianz…...