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Life Insurance Corporation

LIC AAO Syllabus -2023 (Everything you need to know)

LIC exams

LIC AAO Syllabus -2023 (Everything you need to know)

Are you a student looking to find out what is the LIC AAO syllabus for 2023? Well, then you’re in the right place. Get detailed information about the LIC AAO syllabus, LIC AAO exam pattern, and more. Let’s begin!

We will talk about the following:

  • What is the LIC AAO Exam?
  • LIC AAO Syllabus -2023
  • LIC AAO Exam Pattern

What is the LIC AAO Exam?

The LIC AAO exam is an exam conducted by the Life Insurance Corporation (LIC) of India with the objective of selecting suitable candidates for the job of Assistant Administrative Officer with the LIC of India.

The LIC AAO exam is held every year, for roughly 500+ positions of assistant administrative officers. It is a national level exam. For 2023, LIC has notified a vacancy for 300 positions.

LIC AAO Syllabus -2023

Let us now discuss about the syllabus of the LIC AAO Exam. The syllabus is divided in prelims syllabus and main exam syllabus. We will talk about both.

  • Prelims Syllabus
  • Main Syllabus
  • Descriptive Test Syllabus

LIC AAO Prelims Syllabus

The Prelims syllabus is divided into 3 categories: Reasoning, English Language, and Quantitative Aptitude.

LIC AAO Reasoning Syllabus

Sr. No

Topic

1

Order and Ranking

2

Logical Reasoning

3

Puzzles

4

Alphabet and Number Series

5

Syllogism

6

Coding-Decoding

7

Alpha-Numeric-Symbol Series

8

Machine Input-Output

9

Logical Reasoning

10

Seating Arrangements

11

Direction Test

12

Statement, Arguments, and Conclusion

13

Blood Relations

14

Inequalities

15

Puzzles

LIC AAO English Language Syllabus

Sr. No

Topic

1

Word Usage

2

Reading Comprehension

3

Direct and Indirect Speech

4

Error Corrections

5

Cloze Tests

6

Antonyms and Synonyms

7

Fillers

8

Idioms and Phrases

9

Spotting Errors

10

Subject-Verb Agreement

11

Vocabulary based questions

12

Passage Completion

13

Phrase/Connector

14

Cloze Tests

15

Parts of Speech

16

Sentence Improvement

17

Para-jumbles

18

Singular-Plural

LIC AAO Quantitative Aptitude Syllabus

Sr. No

Topic

1

Quadratic Equations

2

HCF and LCM

3

Mensuration

4

Average

5

Ratio and Proportion

6

Number Series

7

Profit and Loss

8

Approximation

9

Mixtures & Alligations

10

Partnership

11

Data Interpretation

12

Surds and Indices

13

Permutation and Combination

14

Cistern and Pipe

15

Speed, Distance and Time

16

Simple and Compound Interest

17

Probability

18

Boats and Streams

19

Problem on Ages

20

Data Sufficiency

21

Percentage

22

Simplification

23

Work and Time

LIC AAO Main Exam Syllabus

The Main exam syllabus is divided into 3 categories: Data Analysis and Interpretation, Insurance and Financial Market Awareness, and GK and Current Affairs.

Sr. No

Data Analysis and Interpretation

1

Data Handling

2

Data Implementation

3

Data Derivation

4

bar graphs

5

Elementary mathematics

6

pie charts

7

Arithmetic Chapters

Insurance and Financial Market Awareness

Sr. No

Topic

1

history of banking

2

Current Banking news

3

financial institutes, terminologies & derivations

4

various laws and policies

5

Basics of Insurance industry

6

Insurance terminologies

7

Latest policies

8

Major policies of insurance industry

9

Insurance Development

General Knowledge and Current Affairs

Sr. No

Topic

1

Indian Constitution

2

Inventions and Discoveries

3

Geography of India and the World

4

Sports News

5

Important Days

6

People in the News

7

Current Affairs (special emphasis on Insurance news related news)

8

National and International Events

9

National and International Organizations

10

Awards and Honours

11

Government Schemes

12

Indian Economy

13

Books and Authors

14

History of India

15

Environment Topics

16

New Legislations

17

Government Policies

18

Science and Technology

19

Committee, Commissions and Reports

Descriptive Test Syllabus

The descriptive test exam syllabus is divided into 4 categories: Essay, Travel Insurance, and Financial Security and its Elements, and Preference. Under the descriptive test, candidates must write insightful, well documented, and valuable essays on the following topics:

  • Descriptive essay demonstrating good Letter writing skills
  • Importance of Travel Insurance:
  • Financial Security and its Elements
  • Preference – What is your preference? (Insurance or mutual funds)

LIC AAO Exam Pattern

Understanding the LIC AAO exam pattern is key to a student’s success. Below mentioned is the exam pattern for both the prelims exam as well as the main exam.

LIC AAO Prelims Exam Pattern

Subjects

No of Questions

Total Marks

Exam Duration

Quantitative Aptitude               

35

35

20 minutes

Reasoning

35

35

20 minutes

English Language               

30

30*

20 minutes

Total

100

70

60 minutes

LIC AAO Main Exam Pattern

Subjects

No of Questions

Total Marks

Exam Duration

Professional knowledge 

30

90

40 minutes

Reasoning

30

90

40 minutes

General Knowledge & Current Affairs

30

60

20 minutes

Insurance and Financial Market Awareness        

30

60          

20 minutes

Total

120

300

120 minutes

Legal Drafting / Letter Writing

2

25*

30 minutes

Author Bio

This article is written by Team InsuranceLiya.com, an independent website that writes about insurance, finance, health, and more. Our writers have a wealth of knowledge, experience, and degrees in the fields of insurance, finance, economics, and beyond.

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IRDA

IRDA Hall Ticket (Everything You Need to Know)

IRDA Exams

IRDA Hall Ticket (Everything You Need to Know)

The IRDA of India organises and holds a variety of exams every year. Students can opt for these exams, and if they pass, they will be eligible to work within the insurance industry of India as professionals. The IRDA of India holds a large number of exams each year.

Some of the notable exams held by the IRDA of India include the IC 38 Exam, the Insurance Surveyor Exam, the Insurance Broker Exam, the Corporate Agent Exam, the IRDAI Exam, and more.

Let us talk about how we can download the IRDA exam hall ticket below:

  • How to Download Your IRDA Hall Ticket
  • How to Download IRDA Hall Ticket Scorecard
  • Print your IRDA hall ticket

How to Download Your IRDA Hall Ticket

How to Download the IC 38 Exam Hall ticket

  • Visit the III Exams Portal: First, you will need to visit the III Exams portal managed by the Insurance Institute of India.
  • Pay Exam Fees: Now, you will need to pay exam fees. To pay exam fees, kindly navigate to the ‘Payment’ section and click on ‘Exam Fees.’ Next, you will have to enter your batch ID or URN and make payment. Once you have made the payment, book your seat. If you have already made a payment and booked your seat, you can now move forward with downloading your hall ticket.
  • Download Hall Ticket: Now, navigate to the ‘Download’ section on the top bar and click on ‘Hall Ticket.’ Now, enter your URN, date of birth, and exam date. Click on the ‘Download’ button, and your IC 38 exam hall ticket will be downloaded. Save your hall ticket for further reference. You will also need to take a printout of your hall ticket to show the examiner.
Download IRDA hall ticket
IRDAI download hall ticket page

Be sure to read the instructions for candidates on the bottom of the hall ticket carefully. The examiner has listed important instructions students need to adhere to while giving the exam.

How to Download Your IC 38 Exam Score Card

  • Visit the III Exams Portal: You will need to visit the III Exams portal managed by the Insurance Institute of India.
  • Scorecard section: Now, you will need to navigate to the ‘Downloads’ section and click on ‘Score Card.
  • Enter your details: Now that you are on the score card page, enter your URN, date of birth, and exam date. Once entered, click on ‘Download.’ Your score card will be downloaded.

How to Download the IRDA Assistant Manager Exam Hall Ticket

The IRDA of India has issued an assistant manager notification for 2023. Under this notification, the IRDA has requested applications from eligible candidates for the assistant manager post. A total of 45 vacancies for the assistant manager post have been opened by the IRDA in 2023. Important facts include:

  • Number of vacancies: 45
  • Post: Assistant manager
  • Application mode: online application
  • Application start date: April 11, 2023
  • Last date of application: May 10, 2023
  • Salary: ₹ 1,30,000

The eligibility criteria for this exam can be accessed here.

How to apply for the IRDA Assistant Manager Post

Mentioned within are the steps for you to apply for the post:

  • Step 1: Visit the official IRDA website www.irdai.gov.in
  • Step 2: Navigate to the ‘Careers’ section on the top right-hand side.
  • Step 3: Download the ‘ Notification for Assistant Manager Recruitment 2023’ PDF.
  • Step 4: Navigate to ‘point number 8’ and click on “Recruitment for the post of Assistant Manager (2023).” Alternatively, you can also access the link here.
  • Step 5: Fill out the application form and make the payment.
irdai assistant manager form
IRDAI assistant manager Application form

Print your IRDA Assistant Manager Exam Hall Ticket

The IRDAI has not yet announced the date of the exams. Once they announce the exam dates, they will furnish details on how to download the IRDA assistant manager exam hall ticket. Kindly keep an eye on any emails coming from the IRDA of India.

Author Bio

This article is written by Team InsuranceLiya.com, an independent website that writes about insurance, finance, health, and more. Our writers have a wealth of knowledge, experience, and degrees in the fields of insurance, finance, economics, and beyond.

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Insurance

Banking vs Insurance: How do they differ in terms of purpose and scope?

Banking vs insurance

Banking vs Insurance: How do they differ in terms of purpose and scope?

A nation’s economy, well-being, stability, and success depend upon the important institutions of banking and insurance. Effective banking ensures that credit is passed on to business ventures that can effectively utilise this credit and create powerful growth engines that increase the prosperity of a nation.

Effective insurance ensures that the risk is born by the people and institutions that are capable of bearing these risks, ensuring stability in an economy, as the risk is transferred from people and individuals to institutions, it inherently increases the stability of a nation.

Let us now talk about some of the most important aspects of banking and insurance, including similarities and differences, among other topics.

  • Purpose and Scope of Banking and Insurance
  • Risk Management in Banking vs. Insurance
  • Types of Products Offered
  • Regulation of Banking vs. Insurance

Purpose and Scope of Banking and Insurance

Purpose and Scope of Banking

Let us talk about the most important purposes and scope of banking.

  • Effective lending: The fundamental purpose of a bank is to make money. How does it do this? It earns a profit if it lends effectively. The interest the bank earns through loan disbursements is their primary source of its income. Further, effective lending ensures that large and small businesses receive the credit that they require for business expansion as well as short-term credit requirements.
  • Mode of payment: Money, along with being a store of value, is also a mode of payment. Banks ensure the smooth facilitation of modes of payment through technologies like wire transfers, NEFT / RTGS, credit and debit cards, and more. This ensures that money is sent where it needs to be sent.
  • Managing inflation: Banks also have the role of controlling inflation in a country. This is, however, an indirect role, as the reserve bank of a nation decides on the rate of inflation and advises banks to adhere to certain terms and regulations that ensure that inflation in a nation is at a certain pre-determined rate.
  • Vehicle of saving and investment: Banks also act as vehicles of savings and investments, as customers can put their money in a variety of savings and investment vehicles to earn interest on their principal. Some instruments include savings accounts, term deposits, recurring deposits, and beyond.
  • Dispersion of money: The reserve bank of a nation creates the money, and the banks ensure that this money gets effectively dispersed within an economy.
  • Facilitates international trade: Banks facilitate international imports and exports in a variety of ways. Some of the ways include conversion of foreign exchange, issuing bankers checks, giving bank guarantees, and beyond. Businessmen use these avenues to further their trade endeavours.

Purpose and Scope of Insurance

Let us talk about the most important purposes and scope of insurance.

  • Effective risk bearing: Handling and managing risk is of fundamental importance to an insurance company. It exists for the purpose of transferring risk from individuals and entities to insurance companies. The risk gets transferred from weak hands to stronger hands that are capable of bearing such risks. Further, an insurance company even goes beyond and hands their risk over to reinsurance companies, thereby even reducing their own risk exposure. You can even learn about reinsurance and get an understanding of how it works.
  • Creates stability: Risk creates uncertainty and instability if it is born by a person or entity that can’t handle it. Insurance and reinsurance companies are specifically geared and primed to handle such risks, thereby creating an environment of stability in a country.
  • Business stability: Business, by its very nature, is risky. Some of the risks can, however, be mitigated by transferring them to an insurance company, thereby reducing the risk of a business and increasing its stability.
  • Instrument of investment: Modern insurance policies can even act as an instrument of investment along with coverage. These plans are called unit-linked insurance policies (ULIP).

Risk Management in Banking vs. Insurance

Risk Management in Banking

  • Credit risk: This is the fundamental risk of banking. A bank lends to an individual or a corporation with the goal of earning interest and receiving the principle amount back. There are, however, cases where the bank is unable to recover the interest and even has to forego the principle amount, thereby resulting in a non-performing asset (NPA). Banks have to ensure that their NPAs do not go above a certain threshold to ensure the bank’s stability and survival.
  • Liquidity Risk: Liquidity risk essentially means the inability of a bank to maintain its day-to-day operations due to a lack of money. Liquidity risk generally means poor management of funds.
  • Operational Risk: There are certain inherent operational risks, such as acts of fraud, acts of terror, natural disasters, and beyond. Banks need to be cognizant of them and ensure that appropriate measures are taken to mitigate them.
  • Market Risk: Market risks are risks that crop up due to changing market environments, such as changes in foreign exchange rates or fluctuations in interest rates.

Risk Management in Insurance

  • Underwriting Risk: This is the fundamental risk in insurance. If an insurance policy is not effectively underwritten, there is a risk to the stability of the insurance company. The underwriter of an insurance company needs to look at a variety of important aspects to ensure that effective insurance underwriting happens.
  • Catastrophic Risk: There are certain catastrophic risks, such as floods, earthquakes, tsunamis, forest fires, and beyond, that can lead to a massive inflow of claims in a very short time. This could lead to the insurance company going bankrupt. How can such a catastrophic risk be handled? The answer is reinsurance.

Types of Products Offered

These are some of the general products and services offered by banks and insurance companies.

Banking Products

Insurance Products

Savings Account

Life Insurance

Credit Account

Term Insurance

Over Draft Account

Health Insurance

Term Deposit

Motor Insurance

Recurring Deposit

Marine Insurance

Credit Cards

Cyber Insurance

Debit Cards

Aviation Insurance

Foreign Exchange

Reinsurance

Banker’s Cheque

Agri Insurance

Bank Guarantee

Accident Insurance

Pay Order / Demand Draft

Casualty Insurance

 

Property Insurance

 

Liability Insurance

Regulation of Banking vs. Insurance

It is critical that banks and insurance companies are subject to a certain amount of oversight and regulation, as they can have a massive impact on the economy and thereby the nation.

Regulation of Banking

Indian banks are regulated by the Reserve Bank of India. The RBI subjects Indian banks to a variety of checks and regulations with the aim of creating stability in the banking sector. These regulations include:

  • Setting of interest rates
  • Auditing banks
  • Setting the monetary policy
  • Foreign exchange stability
  • Developing the banking sector

The US banking sector is primarily regulated by the Federal Reserve, commonly referred to as the Fed.

Regulation of Insurance

The Indian insurance sector is regulated by the IRDA of India. The IRDA of India places a variety of regulations on insurance companies operating in India, such as:

  • Auditing of insurance companies
  • Regulation of premiums
  • Issuing insurance licences
  • Develop the Indian insurance sector.

We hope that through this article you have gotten a satisfactory understanding of banking and insurance and the purpose, scope, and differences between the two.

Author Bio

This article is written by Team InsuranceLiya.com, an independent website that writes about insurance, finance, health, and more. Our writers have a wealth of knowledge, experience, and degrees in the fields of insurance, finance, economics, and beyond.

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New India Assurance Health Insurance Plans

Young India Digi Health Policy by New India Assurance (Guide)

Young India Digi Health Policy by New India Assurance (Guide)

As a young person securing your health and well-being is of utmost importance. With the increasing cost of medical treatments, a health insurance policy can be a wise investment to protect you financially during unforeseen medical emergencies. Young India Digi Health Policy by New India Assurance is one such affordable health plan specially designed to cater to the healthcare needs of young individuals.

In this article, we will talk about the following:

 

  • Young India Digi Health Policy
  • Benefits of Young India Digi Health Policy
  • Features of Young India Digi Health Policy
  • Exclusions under Young India Digi Health Policy
  • How to file claim with Young India Digi Health Policy?
  • Premium Chart of Young India Digi Health Policy

Young India Digi Health Policy by New India Assurance is a newly launched health insurance policy in the year 2022. This comprehensive health plan is specially designed to cover hospitalisation expenses for young individuals between the ages of 18 and 45. This policy offers a wide range of benefits, like covering in-patient care, pre- and post-hospitalisation expenses, costs of advanced medical treatments, health check-ups, and much more.

Along with offering comprehensive coverage, the plan also offers various advantages to its policyholders, like a 100% sum restoration benefit, a cumulative bonus, coverage for mental illnesses, new-born baby coverage, and more.

The plan comes with two sum insured options, i.e ₹ 4 Lakh and ₹ 8 Lakh, policyholders can choose the coverage based on their preferences. This plan can be purchased on an individual or family floater basis.

Benefits of Young India Digi Health Policy

Below are some benefits provided under this policy:

  • Hospitalisation Cover: This plan offers coverage for hospitalisation expenses of the policyholder in case of any illness or accident.
  • Pre-Hospitalisation Cover: This plan covers all medical expenses incurred 60 days prior to the date of hospital admission.
  • Post-Hospitalisation Cover: This plan covers medical expenses incurred by the policyholder within 90 days from the date of discharge.
  • Medical Opinion: The cost of a second medical opinion up to ₹ 5,000 will be payable under the policy. This benefit will only be applicable in the case of a policyholder suffering from any critical illness.
  • Newborn Baby Coverage: This plan will provide coverage towards postnatal care, preterm or pre-mature care, or various delivery-related expenses for the new born child.
  • Advanced Treatments: This plan also covers multiple advanced treatments and procedures like oral chemotherapy, stem cell therapy, robotic surgeries, etc, up to a specified limit.
  • Cataract Coverage: Treatment of cataract will be covered up to 10% of the sum insured, or up to Rs 50,000 for each eye.
  • AYUSH Cover: This plan covers the cost of alternative treatments like AYUSH, Unnani, and Ayurveda up to the sum insured limit.
  • Hospital Cash Benefit: The insurer will provide a cash allowance up to ₹ 500 during the hospitalisation for a maximum period of 5 days.
  • Mental Illness Cover: This plan covers medical expenses incurred in the treatment of mental illnesses or disorders like schizophrenia, epilepsy, etc. The costs of treatment will be covered up to 25% of the sum insured.
  • Health Check-up: The policy will reimburse the cost of a health check-up up to ₹ 3500 for every two claim-free years.
  • Road Ambulance Cover: This plan reimburses the cost of ambulance charges up to ₹ 5000.
  • Dental Cover: The cost of treatment for any dental-related injury or illness requiring hospitalisation will be covered under the policy.
  • Organ Transplant Cover: Hospitalisation expenses due to organ transplants will be covered under the plan.

Features of Young India Digi Health Policy

Below are some features of the policy:

  • Lifelong Renewal: This plan comes with a lifetime renewability feature that means the policyholder can renew the policy without any restriction on age.
  • Automatic Recharge: This plan comes with a 100% sum restoration feature, which automatically reinstates the sum insured in case the policyholder has exhausted the coverage limit due to previous hospitalisation. This feature is applicable in the case of rehospitalisation due to any unrelated illness during the same policy tenure.
  • No-Claim Bonus: Young India Digi Health policy comes with a cumulative bonus feature that increases the sum insured by 10% for every claim-free year. The sum insured can be increased up to a maximum of 30% as per the terms of the policy.
  • Floater Basis: This policy can be availed on an individual or family floater basis as per the policyholder’s preference. You can choose to cover more than four family members under the family floater cover.

Exclusions under Young India Digi Health Policy

Below are a few exclusions under this policy:

  • Waiting Period: Specified illnesses like cataract, hernia, rheumatism, etc. will be covered after a waiting period of 12 months.
  • Obesity Treatments: Medical expenses related to the surgical treatment of obesity that do not fulfill certain criteria mentioned under the policy shall not be covered.
  • Sex Change Treatments: Any expenses related to the gender or sex change of the policyholder will not be covered under the policy.
  • Experimental Treatments: Any unproven or experimental treatments that lack significant medical authentication will not be covered under the plan.
  • Infertility Treatments: Any kind of treatment related to infertility or sterilisation like IVF, ZIFT, ICSI, contraception, etc, will not be covered under this policy.

How to file claim with Young India Digi Health Policy?

There are two ways you can file a claim: Cashless and Reimbursement Claim.

Cashless Claim

You can file a cashless claim when admitted to any of the network hospitals of New India Assurance. Under the cashless facility,medical expenses will be directly borne by the insurer.

Follow these simple steps to file a cashless claim:

  • Step 1: Inform the insurer within 24 hours in case of an emergency or 42 hours prior to a planned hospitalisation.
  • Step 2: Submit the health card and KYC documents to the TPA department at the hospital.
  • Step 3: Also, duly fill out and submit the pre-authorization claim form along with other relevant documents to the TPA department.
  • Step 4: The insurer will verify all the documents to initiate the cashless claim.
  • Step 5: After thorough authentication of the claim, your cashless request will be approved.

Reimbursement Claim

You will have to file a reimbursement claim when admitted to a non-network hospital. You will have to initially pay the hospital bill out of your own pocket and then file for reimbursement with the insurance company.

  • Step 1: Inform the insurance company immediately in case of any hospitalisation.
  • Step 2: Post-discharge, submit all the relevant documents, like hospital bills, reports, etc., for reimbursement of the bill.
  • Step 3: The insurer will verify all the documents. After thorough verification of the claim, the insurer will reimburse the claim amount directly to the linked bank account.

Documents Required

  • Original discharge summary
  • Medical bills, prescriptions, and reports
  • Dully signed and filled-out claim form
  • Death certificate (if applicable)
  • FIR report (if applicable)

Premium Chart of Young India Digi Health Policy

To help you better understand the sum insured options and their corresponding premiums based on age and location, we have provided a sample premium chart below.

  • Zone 1: includes the major cities of India, such as Mumbai, New Delhi, Mumbai Suburdan, Thane, Navi Mumbai, Ahmedabad, Vadodara, and Surat.
  • Zone 2: Rest of India

Premium Chart of Young India Digi Health Policy ( Zone 1)

Below provided is a annual premium chart on an individual coverage basis for Zone 1

Age Group

Sum Insured: ₹ 4 Lakh

Sum Insured: ₹ 8 Lakh

3 – 17 months

₹ 2,608

₹ 3,347

18-30 years

₹ 3,748

₹ 4,849

31- 35 years

₹ 4,553

₹ 5,910

36 -40 years

₹ 5,767

₹ 7,510

41-46 years

₹ 7,614

₹ 9,943

46- 50 years

₹ 10,314

₹ 13,500

51- 55 years

₹ 12,859

₹ 16,856

56 – 60 years

₹ 18,593

₹ 24,412

61- 65 years

₹ 25,224

₹ 33,149

66 years and above

₹ 28,542

₹ 37,520

To check out the premium chart for Zone 2, refer to the policy prospectus.

Frequently Asked Questions

  • What is the age entry criteria for Young India Digi Health Policy?

    Below are the entry age criteria under the plan:

    • For adults: 18 years to 45 years
    • For dependent children: 91 days to 25 years
  • What is the sum insured available under Young India Digi Health Policy?

    There are two sum insured options available under this plan i.e., ₹4 Lakh and ₹ 8 Lakh.

  • Where can I purchase Young India Digi Health Policy?

    You can purchase this policy directly from the official website of New India Assurance, i.e., https://www.newindia.co.in/portal/.

  • What is the grace period under this policy?

    A grace period of 30 days from the policy expiration date is provided to renew the policy.

  • What is the policy tenure of Young India Digi Health Policy?

    The policy tenure is one year and can be renewed on a yearly basis.

  • Author Bio

    This article is written by Team InsuranceLiya.com, an independent website that writes about insurance, finance, health, and more. Our writers have a wealth of knowledge, experience, and degrees in the fields of insurance, finance, economics, and beyond.

    Experience the power of Artificial Intelligence (A.I)

    Chat with our super-intelligent A.I model and ask it anything about insurance and related products.

    Categories
    New India Assurance Health Insurance

    New India Assurance Health Insurance Plans (Top 10 Plans)

    New India Assurance health insurance plans

    New India Assurance Health Insurance Plans (Top 10 Plans)

    New India Assurance offers a variety of health insurance plans for policyholders. The company also offers individual-specific health plans that offer customized coverage for a particular user profile.

    For instance, New India Assurance has specialized plans for cancer patients, senior citizens, children, and beyond. Each plan is specially designed to cater to the needs and requirements of a particular type of policyholder.

    Let us talk about some of the most important New India Assurance Health Insurance Plans below:

    • Standard Group Janata Mediclaim
    • New India’s Flexi Floater Mediclaim Policy
    • Asha Kiran Policy
    • Jan Arogya Bima policy
    • Universal Health Insurance Policy
    • New India Flexi Group Mediclaim Policy
    • New India Mediclaim Policy
    • Cancer Medical Expenses: Group
    • Senior Citizen Mediclaim
    • New India Cancer Guard policy

    New India Assurance Standard Group, Janata Mediclaim

    This is a standard health policy that covers you and your loved ones against all hospitalisation expenses arising out of an illness or injury due to an accident.
    Under this policy, the insured will be reimbursed the claim amount when they submit all the relevant documents to the company. The Standard Group Janata policy is now also available in cashless form.

    Key Features

    • Covers hospitalisation expenses for injury or illness.
    • Covers pre-hospitalization expenses for 30 days and post-hospitalization expenses for 60 days.
    • Coverage for the intensive care unit and the intensive cardiac care unit, operation theatre costs, dialysis, chemotherapy,etc.
    • Covers inpatient hospitalisation for Ayush, Unani, and homoeopathic treatment up to 25% of the sum insured.
    • Emergency ambulance costs are also covered.

    New India’s Flexi Floater Mediclaim Policy

    This is a floater health insurance policy that provides coverage for you and your family members under a single policy. Flexi Floater’s Mediclaim policy covers all hospitalisation expenses incurred due to an illness or injury.

    This policy can also be availed of under the cashless facility. You can choose to cover yourself, your spouse, your children and your dependent parents under this plan.

    Key Features

    • Covers hospital costs due to sickness and accidents.
    • covers the cost of room rent,nursing charges,boarding, ICU, and ICCU.
    • Covers pre-hospitalization expenses for 30 days and post-hospitalization expenses for 60 days.
    • Ayush, Unani, Ayurvedic Patient treatment is also covered under this policy.
    • Covers doctor’s fees, surgeon’s fees, consultants’ fees,physicians physician’s fees, and ambulance charges.

    New India Asha Kiran Policy

    New India’s Asha Kiran policy is specially designed to insure parents who only have a girl child.
    Up to two dependent daughters can be covered under this plan. If a boy is born or the daughters become independent after taking the policy, the company provides an option to convert the policy into a suitable health insurance policy.

    Key Features

    • The plan provides a payout of 100% of the sum insured to the daughter in the event of accidental death or permanent total disablement of the insured parent.
    • Payout of 200% of the sum insured in the event of the accidental deaths of both the insured parents.
    • Covers hospital expenses, room rent,ICU charges,ambulance charges,etc.
    • This policy also provides critical care benefits.
    • daily cash benefit when hospitalised.
    • 50% discount on premium for girl children
    • Sum Insured: ₹ 2 lakh, ₹ 3 lakh, ₹ 5 lakh, and ₹ 8 lakh

    Age Eligibility: Children: 3 months to 25 years, Adults: 18 years to 65 years.

    Jan Arogya Bima policy

    New India’s Jan Arogya Bima policy is designed to provide standard health coverage to weaker and financially weaker sections of society. This plan can also be purchased on a family floater basis.

    Key Features

    • This plan takes care of all basic hospitalisation expenditures at an affordable premium rate.
    • Tax benefit under Sec. 80 D of the Income Tax Act

    Age Eligibility: Children: 3 years to 5 years, Adult -5 years to 70 years.

    New India Universal Health Insurance

    The Universal Health Insurance policy protects the insured against hospitalisation expenses when admitted due to any illness, sickness, or injury. This plan reimburses the cost of hospitalisation and is now also available in cashless facilities.

    You can avail of this policy on an individual or family floater basis.

    Key Features

    • Provides accidental death coverage.
    • Provides coverage for disability caused by an accident.
    • Covers the cost of hospitalisation up to a certain limit as mentioned in the policy.

    Age Entry: 3 months to 65 years

    New India Flexi Group Mediclaim Policy

    This plan is designed to provide standard health coverage for you and your family. This plan covers the cost of hospitalisation,ICU charges,nursing boarding,room rent, and much more.

    Key Features

    • Cover inpatient hospitalisation expenses.
    • 30 days prehospitalization and 60 days posthospitalization charges
    • Covers ICU expenses up to 2% of the sum insured.
    • Room rent and boarding expenses up to 1% of the sum insured
    • Covers doctors fees,surgeons’ fees, consultants’ fees, and physician’s fees
    • Covers the patient’s Ayush treatment and ambulance charges.

    The New India Mediclaim Policy

    New India’s Mediclaim policy offers extensive coverage to protect you from financial crisis when you are hospitalised due to various reasons.
    This policy comes with a lifelong renewal option, which means you can renew the policy for life without any restrictions or age bar, provided you pay your premium on time.
    You can choose to cover yourself, your spouse,your children, and your parents under this plan.

    Key Features

    • covers patient hospitalisation, 139 daycare procedures, emergency ambulance costs, etc.
    • Health check-up for every three claims Free years
    • Covers organ transplant costs and inpatient Ayush treatment.
    • Benefits of Newborn Baby Cover
    • Covers cataracts up to 20% of the sum insured or ₹ 50,000, whichever is less.
    • 25% increase in the sum insured, up to a maximum of 50% for every claim-free year.

    Age Entry:  Children: 3 months to 25 years, Adult: 18 years to 65 years

    New India’s Cancer Medical Expenses: Group

    As the name suggests, this policy is designed to protect you from cancer-related medical expenses. This policy is available to members of the Indian Cancer Society. You can cover your spouse and two dependent children under this group policy.

    Key Features

    • This policy takes care of all cancer-related surgical and medical treatment in India.
    • 5% increase in sum insured,maximum up to 50% for every claim-free year.
    • This policy will be valid for only one year.

    Age Entry: up to 70 years

    Sum Insured: ₹ 50,000–₹ 2 lakh.

    New India Senior Citizen Mediclaim

    This policy is carefully crafted to cater to the basic and essential medical needs of individuals over the age of 60.
    This plan protects insured senior citizens against expenses incurred due to hospitalisation.
    You can also cover your spouse under this plan.

    Key Features

    • covers inpatient Ayush treatment.
    • Coves surgeons’, doctors’,doctors,consultants,physicians fees up to 25% of the sum insured.
    • Covers intensive care unit expenses up to 25% of the sum insured.
    • Covers room costs,nursing charges, etc. up to 1% of the sum insured.

    Age entry: 60 years to 80 years

    Sum insured: ₹ 1 lakh–₹ 1.5 lakh

    New India Cancer Guard Policy

    New India’s Cancer Guard policy is a cancer-specific policy that provides comprehensive coverage as well as covers the cost of cancer-related treatments or procedures such as chemotherapy, onco-surgery, radiotherapy, organ transplants,etc.

    Key Features

    • Covers major cancer-related treatments and procedures.
    • A cash benefit as post-followup treatment up to ₹ 10,000 will be provided to the insured.
    • covers 58 daycare treatments
    • 10% increase in sum insured,max up to 50% for every claim-free year.
    • Ambulance costs will be payable.
    • Second opinion consultation charges are covered.

    Age Entry: 3 months to 65 years
    Sum Insured:  ₹ 5lakh, ₹ 10 lakh, ₹ 15 lakh, ₹ 25 lakh, ₹ 50 lakh

    Author Bio

    This article is written by Team InsuranceLiya.com, an independent website that writes about insurance, finance, health, and more. Our writers have a wealth of knowledge, experience, and degrees in the fields of insurance, finance, economics, and beyond.

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    Categories
    Health Insurance

    New India Assurance Health Insurance (A Complete Guide)

    New India Assurance

    New India Assurance Health Insurance (A Complete Guide)

    New India Assurance is the largest and oldest government-owned general insurance company in India. It was founded on 23th July 23, 1919, by Sir Dorabji Tata. New India Assurance presently functions in more than 28 countries and has its headquarters in Mumbai.

    The company operates with more than 16,506 employees, 6800+ agents, and 2900+ branches and offices in India.

    New India Assurance offers multiple insurance-related products ranging from health insurance, motor insurance, home insurance, travel insurance, rural insurance, aviation insurance, industrial insurance, marine insurance, liability insurance, and many customised business-oriented plans.

    New India Assurance Company has received numerous awards and recognitions, some of which are the Golden Peacock Excellence Award and the India Insurance Summit Award 2018: General Insurance Company of the Year.

    This article will talk about the following:

    • Types of Health Insurance Plans by New India Assurance
    • Benefits of New India Assurance Co. Ltd
    • Key Features of Health Insurance Plans by New India Assurance
    • How to file a cashless claim
    • How to file a reimbursement claim
    • Inclusions and Exclusions under New India Assurance Health Insurance
    • How to renew your New India Assurance Health Policy

    Network Hospitals

    1100+

    Claim settlement ratio

    92.68%

    Renewability

    Lifetime

    website

    www.newindia.co.in

    Types of Health Insurance Plans offered by New India Health Assurance

    Here are the following health insurance plans offered by New India:

    Plan Name

    About the Plan

    Standard Group Janata Mediclaim

    This plan offers standard health coverage that protects the members of the insured group from hospitalisation expenses incurred due to illness or injury.

    This plan is now available in cashless mode as well.

    New India Flexi Floater Mediclaim policy

    This is a family floater plan that provides extensive coverage for you and your loved ones against all basic and essential healthcare services.

    Asha Kiran Policy

    This plan is especially designed for parents who only have a girl child. This policy provides a lump sum benefit to the girl child in the event of the accidental death or disablement of the parent. A maximum of two dependent daughters can be insured under the plan.

    Jan Arogya Bima policy

    The Jan Arogya plan is programmed to offer standard health coverage to weaker sections of society at a very low premium cost. This plan can be availed of on a family floater or individual basis.

    Universal Health Insurance policy APL

    This is a reimbursement health insurance policy that takes care of hospitalisation expenses for the insured when admitted due to any illness, disease,disease or accident.

    New India Flexi Group Mediclaim policy

    The new India Flexi Group Mediclaim policy provides extensive coverage to the insured and his or her family members to secure medical healthcare expenses.

    New India Mediclaim Policy

    This plan is designed to safeguard you from financial trouble when you are hospitalised. The policy provides multiple benefits, such as in-patient hospitalisation cover, pre-hospitalisation and post-hospitalisation expenses cover for new-born babies, cataract expenses, and ayurvedic treatments.

    Cancer Medical Expenses- Group

    You can avail yourself of this policy when you become a member of the Indian Cancer Society. This plan is designed to safeguard you from cancer-related medical expenses.

    Senior Citizen Mediclaim

    The Senior Citizen Mediclaim Plan is designed for people above the age of 60. This plan covers inpatient hospitalisation, ICU charges, inpatient Ayush treatment, and more.

    New India Cancer Guard policy

    This is a cancer-specific policy that provides comprehensive coverage, including all the major cancer-related treatments and procedures.

    Benefits of New India Assurance Co. Ltd

    • Claim settlement ratio: The company has a robust claim settlement ratio of 92.68% in FY19-20, which signifies that the company has a good track record of settling its customers claims.
    • Trusted Name: New Indian Assurance is the oldest and largest general insurance company in India,with more than 100 years of experience in the insurance sector.
    • Network Hospitals: The company has a solid network of 1,500+ hospitals associated with it, providing you access to cashless facilities all around India.
    • Efficient customer support: The company provides quick and efficient customer support when it comes to claim settlement, renewal, and other various health insurance-related queries.
    • Rate AAA- by Crisil: A top credit rating agency in India has rated New India Assurance AAA, which signifies the company has solid financials and is a pedigree company.

    Key Features of Health Insurance Plans by New India Assurance

    • Multiple options for Sum insured: New India Assurance offers you a wide range of sum insured options as per your needs and requirements. Their sum insured options range from Rs. 1 lakh to a high coverage of Rs. 1 crore.
    • Lifelong Renewability: The plans offered by the company have an inbuilt lifelong renewability feature, which means the plan can be renewed without any restrictions or age limit bar, provided you pay the policy premium on time.
    • No-Claim Bonus: Avail the benefit of a cumulative bonus, which increases your coverage for every claim-free year.
    • 100% Sum Restoration: Certain plans by the company come with a sum restoration benefit that reinstates your insured sum in case you have exhausted it due to a previous claim during that policy period.

    How to file a cashless claim for New India Health Insurance Plans

    You will have to avail yourself of the cashless claim process when you get admitted to a network hospital of the New India Health Insurance Company.

    Here are the steps to file a cashless claim for your health insurance policy.

     

    Step 1: Inform the company 72 hours prior to a planned hospitalisation or within 24 hours in the case of an emergency hospitalisation or admission.

    Step 2: Submit the dully filled pre-authorization request form and your identification proof to the TPA department in the hospital, and they will send your documents to the company for verification.

    Step 3: The company will verify the claim against the terms and conditions of your policy.

    Step 4: Once approved, the insurance company will intimate their decision to the hospital, and you can carry on availing of the cashless treatment in the hospital.

    Step 5: If your claim is rejected, the insurance company will give you a written explanation stating the reasons for the rejection.

    How to file a reimbursement claim for New India Health Insurance Plans

    You will have to file a reimbursement claim when you get admitted to a non-network hospital of the company. You will initially pay the hospital bill from your own pocket and then file a refund claim with the company.

    Here are the steps to file a reimbursement claim for your health insurance policy.

    • Step 1: Inform the company 72 hours prior to a planned hospitalisation or within 24 hours in the case of an emergency hospitalisation.
    • Step 2: Avail the medical treatment and pay the hospital bill from your pocket initially.
    • Step 3: Collect all the relevant documents and submit them to the insurance company to initiate the claim process.

    Note: It is mandatory to submit the following documents within 7 days from the date of discharge from the hospital.

    Documents required to be submitted to file a claim

    • Duly filled and signed claim request form
    • Photo identification
    • Original policy documents
    • Discharge Summary
    • Original medical reports, CT scans, diagnoses, and MRI reports
    • Original bills and receipts from medical and pharmacy
    • All original reports and documents pertaining to the treatment
    • Original hospital bills
    • FIR (if applicable)
    • Death certificate (if applicable)

    Inclusions under New India Assurance Health Insurance plans

    Following below are a few general inclusions under New India Assurance Health Plans. These inclusions may vary from policy to policy.

    • Inpatient hospitalisation
    • Intensive care unit, intensive cardiac care unit
    • Medical Practitioner, Consultants’ Specialist, Surgeon, and Anaesthetist Fees
    • Operation Theatre Charges, Surgical Appliances, Medicines, and Drugs
    • Dialysis, radiotherapy, chemotherapy, and the cost of a pacemaker
    • Pre- and post-hospitalisation expenses
    • Expenses incurred for Ayurvedic, Homoeopathic, or Unani Treatment
    • Ambulances service
    • Pre-existing illness after 48 months from the commencement of the policy.
    • Room rent, nursing boarding

    Exclusions under New India Assurance Health Insurance plans

    • Injury due to a war invasion, an act of a foreign enemy, warlike operations, or nuclear weapons
    • cosmetic or aesthetic treatment, or plastic surgery, unless required to treat injury or illness.
    • Vaccination and Inoculation
    • intentional self-inflicted injury, suicide, or attempt thereat,
    • injury sustained while participating in or as a result of participating in any criminal act.
    • Sexually transmitted diseases
    • Treatment taken outside India
    • Genetical disorders and stem cell implantation or surgery
    • Experimental and unproven treatments
    • Cost of braces, equipment or external prosthetic devices, non-durable implants, eyeglasses, etc.

    New India Assurance policy renewal

    Online renewal process for a New India Assurance health insurance policy

    Here are the quick and easy steps to renew your New India health policy online:

    • Step 1: Go to the official website of the company.
    • Step 2: Click on the “quick renewal’ tab and then click on “quick renewal.”
    • Step 3: Fill in all the valid details, like the customer ID and existing policy number.
    • Step 4: Verify your policy details and the premium quote.
    • Step 5: Pay your health insurance premium after verifying it using a debit, credit, or other mode of payment given.
    • Step 6: Once you have paid the premium, you will receive a confirmation email on your registered email ID along with a payment receipt.

    Offline Renewal Process for a New India Assurance Health Insurance Policy

    You can renew your health insurance policy online by visiting the nearest branch of New India Assurance Company and stating your renewal request, and they will guide you further.

    You can also call the company’s customer support at their toll-free number, 1800-209-1414, and provide your details and state your request. You will be assisted further.

    Author Bio

    This article is written by Team InsuranceLiya.com, an independent website that writes about insurance, finance, health, and more. Our writers have a wealth of knowledge, experience, and degrees in the fields of insurance, finance, economics, and beyond.

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    Categories
    Insurance

    What makes Surfshark VPN a Perfect Choice

    What makes Surfshark VPN a Perfect Choice

    With over a 300% increase in cyberattacks in the nation, surfing the web is becoming riskier day by day. According to a report by Norton, over 60% of internet users in the nation have fallen victim to cybercrime. These stats are alarming, and every internet user should be cognizant of them. Now that we are aware of the threat we face, what can we do to mitigate this threat?

    There are two measures that every internet user should take to ensure their online safety. They are using a high-quality antivirus, and the other is using a reliable VPN provider. Let us talk about the VPN aspect in this article and how Surfshark VPN can help you maintain anonymity and security online. Think of it like taking out an insurance policy for your digital self!

    This article will talk about the following:

    • What is Surfshark VPN
    • Benefits of using Surfshark VPN
    • Why you need to take your cybersecurity seriously
    • Some Surfshark Customer Reviews

    Editor's Choice VPN

    Surfshark comes with a 30-day Money Back Guarantee

    Take your online privacy, security, and data protection to the next level.

    InsuranceLiya.com is Featured in leading news publications like:

    The Week | Mid-Day | The Pioneer | APN News

    What is Surfshark VPN?

    SurfShark VPN is a cybersecurity firm offering a variety of cybersecurity products, but their flagship product is Surfshark VPN, a Virtual Private Network (VPN) that ensures anonymity, privacy, and security of its users.

    Users can surf the web without the threat of leaking their IP address online and making their data available to nefarious agents on the web.

    Users can access the web through thousands of Surfshark IP addresses covered across 3200+ servers worldwide, ensuring complete anonymity online. They do not need to show their own IP address to anyone.

    Connect to 100s of unique IPs to maintain your privacy and safety online.

    Benefits of using Surfshark

    Let us talk about some of the most important benefits of using a VPN like Surfshark, and how you can leverage this technology to increase your digital safety.

    • Anonymously Surf the Web: Your IP address is the equivalent of your fingerprint. Using a reliable VPN provider like Surfshark will ensure that your online fingerprint is not accessed by anyone.
    • Protects your Data: Using a reliable VPN will ensure that you access the open web with strong encryption technologies (AES 256 GCM Encryption). This essentially means that nefarious agents do not get access to your private data like Email IDs, Passwords, Credit Card details, and more. Say goodbye to Phishing!
    • Blocks Malware: Surfshark’s adblocker blocks annoying pop-up ads that spoils user experience. Further, blocking pop-ups also leads to safer browsing as it minimizes malware risks.
    • Email Protection: If you bundle Surfshark VPN with Surfshark Alert, you can increase the security of your Email Accounts, and the data within it.
    • No Logs: Surfshark also maintains a No Logs policy like certain other VPN providers like VyprVPN.
    • Access Censored Information: Access censored as well as Geo-specific content and information easily by selecting that country’s IP address.
    • Safe and Secure IPTV Access: Accessing IPTV content with a reliable and fast VPN will lead to an anonymous, secure, and fast viewing experience. IPTV content includes live sports, television programs, news, and more.
    Surfshark can be accessed through mobile.

    It’s an Award Winning VPN Provider

    Surfshark is an award winning VPN provider. Let us have a look at some of their awards and accreditation:

    • VPN Solution of the Year” – 6th annual CyberSecurity Breakthrough Awards
    • “Best Value VPN 2022” – CNET Editor’s Choice
    • Cybersecurity Excellence Award Gold 2021
    • Most popular VPN service 2022 – CanalTech
    • PCWorld Verified Product 2022

    Why you need to take your cybersecurity seriously?

    Let us now talk about why you need to take their cybersecurity very seriously. Mentioned within are some alarming stats that every internet user in the nation should take note of.

    • According to a Kaspersky Report, over 45% of internet users in the country were attacked in 2020 alone
    • There was a 300% increase in cybercrimes in the nation in 2020 (1,158,208 cyberattacks)
    • The nation is the second most vulnerable and targeted nation for Ransomware attacks in Asia-Pacific
    • Remote working has increased the risk of social engineering attacks, phishing, and pretexting

    Using a VPN provider like Surfshark can mitigate or even eliminate most of these risks.

    Additional Features of Surfshark

    There are some additional features and benefits of Surfshark, they are:

    • Two-factor authentication to increase security
    • RAM only servers increase the speed of their VPN
    • Blazing fast and secure protocols (OpenVPN UDP / TCP, WireGuard, IKEv2/IPsec)
    • AES 256 GCM data encryption
    • IP Rotator and Bypasser for additional security
    • 24/7 customer support (including Live Chat)
    • Ability to connect multiple devices using a single VPN account
    • 30-day money-back guarantee

    Some Notable Customer Reviews

    Existing customers seem to be talking highly of SurfShark’s customer support. Let us have a look at some of their customer reviews.

    Note: Reviews are taken from Trust Pilot.

    Disclosure: InsuranceLiya.com may receive remuneration on certain products mentioned on this page.

    Frequently Asked Questions

  • Does Surfshark offer a money back guarantee?

    Yes, Surfshark offers a 30 Day Money Back Guarantee.

  • Does Surfshark offer a free trial?

    Yes, the company offers a 7 day trial for Android, OS, and Mac users.

  • Can I avail a Surfshark subscription using UPI?

    Yes, Indian users can pay for their Surfshark subscription using UPI.

  • Editor's Choice VPN

    Surfshark comes with a 30-day Money Back Guarantee

    Take your online privacy, security, and data protection to the next level.

    Categories
    Insurance

    A Complete List of Every Reinsurance Company in India

    reinsurance companies in India

    A Complete List of every Reinsurance Company in India

    There was a time when India only had one functioning reinsurance company; it was the General Insurance Corporation (GIC) of India. Today, as of 2023, there are 11 major reinsurance companies operating out of India: one Indian company and the rest foreign reinsurance companies.

    Let us go through each of the eleven reinsurance companies in India briefly and understand their history, scope of operations, and beyond. You can also learn about the history of reinsurance in India to get a better idea about reinsurance in India.

    Mentioned below are all of the reinsurance companies in India (As of 2023)

    • General Insurance Corporation (GIC) of India
    • Lloyd’s India
    • Munich Re
    • AXA France Vie
    • Allianz Global
    • RGA Life Reinsurance Co of Canada
    • SCOR SE
    • XL Insurance Co SE
    • General Reinsurance AG
    • Swiss Reinsurance Company
    • Hannover Ruck SE

    General Insurance Corporation (GIC) of India

    GIC of India was the sole reinsurer in India up until 2015. All of this changed with the amendment of the Insurance Laws Act, 2015. This is where the Indian reinsurance industry was opened up to local as well as foreign players. The licensing and regulation part is to be handled by the IRDA of India. In 2016, IRDA issued the R1 preliminary licence to Indian firm ITI Reinsurance, thereby officially opening the Indian reinsurance industry to private Indian companies.

    Lloyd’s India

    Lloyd’s India is the Indian arm of British insurance company Lloyd’s of London. Lloyd’s India generates revenue through their reinsurance business, which operates in a variety of fields like Health, Cyber, Marine, General Liability, Nuclear, Art, Property, Terrorism, Aviation, Agriculture, Pecuniary, and beyond. You can view all of their activities through their Digital Brochure.

    Address

    Unit 1 and 1A, Level 6,

    4, North Avenue

    Maker Maxity

    Bandra Kurla Complex

    Bandra (East)

    Mumbai 400051

    Phone Number

    +91 022-6813-3699

    Email ID

    Shankar.Garigiparthy@lloyds.com

    Source: https://www.lloyds.com/en-in/lloyds-around-the-world/contact-us

    Munich Re

    Munich Re operates in India through its India branch. The company is one of the largest reinsurance companies in the world, with €67.1 Billion gross premiums written. The company also has over €200 Billion assets under management (AUM). 

    Address

    Unit 1501, B wing, The Capital, Plot No. C-70, G Block, Bandra Kurla Complex (BKC), 400051

    Phone Number

    +91 022-4032-4000

    Email ID

    N/A

    AXA France Vie

    AXA France Vie got its licence from the IRDA in 2017. They operate in India through their India branch, located in Delhi. Their India operations are headed by Mr. Ankur Nijhawan, who acts as CEO of India operations. AXA reported $17.3 billion worth of gross written premium (GWP) in 2020, making it one of the largest reinsurers in the world.

    Address

    5th Floor, Office Tower, Select City Walk, Plot No. A-3,

    District Centre, Saket, New Delhi

    110017

    Phone Number

    +91 11 6623 2500

    Email ID

    contact-us@axa.in

    Data taken from: https://indiareinsurance.axa.com/

    Allianz Global

    Allianz Global operates its India business primarily through its Mumbai office. With over €140.5 Billion of GWP in 2020, Allianz is an insurance and reinsurance behemoth. Allianz Reinsurance has various lines of business operating in health, aviation, life, property, casualty, accident, and beyond.

    Address

    Office No 66

    3-North Avenue

    Maker Maxity

    Bandra Kurla Complex

    Mumbai, Maharashtra 400051

    Phone Number

    91+ 020-6608-9990

    Email ID

    nelsa.dsouza@allianz.com

    Source: https://www.agcs.allianz.com/global-offices/india.html#aboutus

    RGA Life Reinsurance Co of Canada

    RGA Life Reinsurance Company of Canada operates in India through its India branch located in Mumbai. The Indian operations are headed by Jyoti Punja, who acts as the company’s India CEO. RGA specialises in life reinsurance, with over $13.3 billion GWP in 2020 alone.

    Address

    302, Akruti Centre Point

    MIDC Central Road

    Andheri (East)

    Mumbai 400 093

    Phone Number

    91+ 22-6709-2590

      

    Email ID

    https://www.rgare.com/global-directory/asia-pacific/india/contact-india

    Source: https://www.rgare.com/global-directory/asia-pacific/india

    SCOR SE

    SCOR SE initiated its India operations in 2016, primarily through its India branch located in Mumbai. SCOR is a global reinsurance giant operating in over 150 nations and having a GWP of €16.3 billion in 2020 alone.

    XL Insurance Co SE

    XL Insurance is a subsidiary of AXA XL, a specialty reinsurance venture of the massive AXA Group. XL Insurance Co SE started its India operations in 2017, primarily through its Mumbai office located in Bandra Kurla Complex (BKC). Company operations are headed by Joseph Augustine (CEO), Amit Agrawal (CFO), and Laxmeekant Walikar (Chief Underwriting Officer).

    Address

    11, A Wing, Level 5, The Capital, G Block, C 70,
    Bandra Kurla Complex, Mumbai – 400 051

    Phone Number

    +91 22-4945-8000

    Email ID

    https://axaxl.com/contact-us

    Source: https://axaxl.com/reinsurance/our-companies/xl-insurance-company-se

    General Reinsurance AG

    General Reinsurance AG is a part of Berkshire Hathaway, which is headed by the legendary Warren Buffet. 41% of its business comes from health and life, and the remaining 59% comes from the property and casualty industries.

    The company has written $11.5 billion in net premiums written (NPW) in 2021. General Reinsurance AG operates its India arm through its office in Mumbai.

    Address

    Units 107-109 Meadows

    Sahar Plaza Complex

    Mathuradas Vasanji Road

    J B Nagar, Andheri East

    Mumbai, Maharashtra – 400 059

    Phone Number

    +91 22-6134-4100

    Email ID

    https://axaxl.com/contact-us

    Source: https://www.genre.com/contactus/branch/asia/mumbai

    Swiss Reinsurance Company

    Swiss Re is one of the oldest reinsurance companies in the world, established in Zurich, Switzerland, in 1863. The company operates in the life, health, property, and casualty sectors and has gross premiums written (GWP) of $38.6 billion in 2020. Its India branch is located in BKC, Mumbai.

    Address

    A-701, 7th Floor “One BKC”, Plot No. C-66, Mumbai, Maharashtra 400051

    Phone Number

    +91 022-6661-2121

    Email ID

    Contact Page https://www.swissre.com/about-us/office-locations.html?expand=India-content#Asia-Pacific

    Source: https://www.swissre.com/about-us/office-locations.html?expand=India-content#Asia-Pacific

    Hannover Ruck SE

    With gross premiums written of €25.8 billion in 2020, Hannover Ruck is a major player in the global reinsurance market. The company majorly focusses on Property & Casualty end of things. The company operates its India business through its Mumbai office.

    Address

    Akal Society, J.B. Nagar, Tarun Bharat, Andheri East, Mumbai, Maharashtra 400099

    Phone Number

    +91 022-6138-0808

    Email ID

    HRind-personnel@hannover-re.com

    Source: https://www.hannover-re.com/119062/hannover-ruck-se-mumbai-branch

    As you can see, the reinsurance industry has considerably opened up post the 2015 insurance amendments to the Insurance Act. This has led to a variety of local players as well as global giants entering the Indian reinsurance space.

    Author Bio

    This article is written by Team InsuranceLiya.com, an independent website that writes about insurance, finance, health, and more. Our writers have a wealth of knowledge, experience, and degrees in the fields of insurance, finance, economics, and beyond.

    Experience the power of Artificial Intelligence (A.I)

    Chat with our super-intelligent A.I model and ask it anything about insurance and related products.

    Categories
    Postal Life Insurance

    Rural Postal Life Insurance (RPLI) Agent Login

    RPLI

    Rural Postal Life Insurance (RPLI) Agent Login – A Simple Guide

    Rural Postal Life Insurance (RPLI) has influenced the lives of millions of individuals belonging to the rural sector of India by offering them very affordable life insurance coverage. As an RPLI agent, it is crucial to manage policies, access customer data, and streamline operations to enhance customer service. That’s where the RPLI agent portal comes in. It is an online portal offered by India Post to help agents manage policies for their clients.

    In this article, we will talk about the features of RPLI agent portal and also give you a complete guide on how to access the portal.

    • How to login into RPLI Agent Portal?
    • How to register on RPLI Agent portal?
    • How to reset password on RPLI Agent portal?
    • Features of RPLI Agent Portal
    • Frequently Asked Questions (FAQs)

    How to login into RPLI agent portal?

    Follow these simple steps to login to the portal:

    • Step 1: Visit the official website of India Post or click on this official link, i.e. https://dopagent.indiapost.gov.in/. to directly access the portal.
    • Step 2: Enter your login ID and password.
    • Step 3: Enter the captcha code and click on “Log in.”
    • Step 4: You will be successfully logged in.

    Note: If you are a first time user, you will need to register yourself on the portal. Once you have successfully registered yourself on the portal, you can log in anytime using the agent ID and password created during the registration process.

    How to register on RPLI agent portal?

    Follow these simple steps to register yourself on the portal:

    • Step 1: Click on this link, http://www.postallifeinsurance.gov.in/, to access the official portal.
    • Step 2: Click on the “Register” option on the login page.
    • Step 3: Enter your user ID or agent ID received by India Post and your date of birth. Also, enter the security code and click on “Generate Password.”
    • Step 4: Create a unique login password. You can use this password to log into the RPLI portal at any time.

    Note: If you face any issues while logging in or registering on the RPLI agent portal, you can contact India Post Customer Care or your RPLI Branch Office for assistance.

    How to reset password on RPLI agent portal?

    in case you have forgotten your password. Let us show you how you can reset the password in these simple steps:

    • Step 1: Go to the official portal link for the same, which has been provided above.
    • Step 2: Click on the “Forgot Password” option given on the login page.
    • Step 3: Enter your user ID, date of birth, and security code and click on the “Request Password” option.
    • Step 4: A link will be generated to reset the password. You can now reset your password accordingly.

    Features of RPLI agent portal

    Below are a few features and benefits of the portal:

    • Policy Management: This portal enables the agents to manage their customers insurance policies efficiently. Agents can track and submit claims, generate premium quotes, track policy applications, and much more through the portal.
    • Customer Details: This portal provides agents access to important customer details like KYC, premium receipts, policy bonds, etc., which are stored in a secured database. This feature enables the agents to manage and update any policy-related records efficiently.
    • Renewals: RPLI agents can easily track the policy renewal dates for their customers and send them timely reminders for renewals.
    • Policy-related Resources: The portal offers a plethora of policy-related resources such as brochures, policy wordings, etc. so that the agents can guide and educate the customers in detail.

    Author Bio

    This article is written by Team InsuranceLiya.com, an independent website that writes about insurance, finance, health, and more. Our writers have a wealth of knowledge, experience, and degrees in the fields of insurance, finance, economics, and beyond.

    Experience the power of Artificial Intelligence (A.I)

    Chat with our super-intelligent A.I model and ask it anything about insurance and related products.

    Frequently Asked Questions

  • How to update customer information on RPLI agent portal?
    • Step 1: Login to the portal using your user ID and password.
    • Step 2: Click on the "Customer" tab.
    • Step 3: Select the customer whose information you want to update.
    • Step 4: Update the necessary fields with the new information or data.
    • Step 5: Click on "Save" to make the necessary changes.
  • How can I generate a premium due report for customers on the RPLI portal?

    Follow these simple steps:

    • Step 1: Login to the portal using your user ID and password.
    • Step 2: Click on the "Policy Reports" tab.
    • Step 3: Select the customer’s policy whose premium due report you want to generate.
    • Step 4: Then click on "Maturity Report."
    • Step 5: The premium-due report for that policy will be generated instantly.
  • What documents are available on the RPLI agent portal?

    All policy-related documents, such as the policy bond, revival application form, death claim form, and more, can be downloaded through the portal.

  • Categories
    Cyber Insurance

    What makes Surfshark VPN a perfect choice

    What makes Surfshark VPN a Perfect Choice for Indians

    With over a 300% increase in cyberattacks in India, surfing the web is becoming riskier day by day. According to a report by Norton, over 60% of Indians have fallen victim to cybercrime. These stats are alarming, and every Indian internet user should be cognizant of them. Now that we are aware of the threat we face, what can we do to mitigate this threat?

    There are two measures that every internet user should take to ensure their online safety. They are using a high-quality antivirus, and the other is using a reliable VPN provider. Let us talk about the VPN aspect in this article and how Surfshark VPN can help you maintain anonymity and security online. Think of it like taking out an insurance policy for your digital self!

    This article will talk about the following:

    • What is Surfshark VPN
    • Benefits of using Surfshark VPN
    • Why Indians need to take their cybersecurity seriously
    • Some Surfshark Customer Reviews

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    InsuranceLiya.com is Featured in leading news publications like:

    The Week | Mid-Day | The Pioneer | APN News

    What is Surfshark VPN?

    SurfShark VPN is a cybersecurity firm offering a variety of cybersecurity products, but their flagship product is Surfshark VPN, a Virtual Private Network (VPN) that ensures anonymity, privacy, and security of its users.

    Users can surf the web without the threat of leaking their IP address online and making their data available to nefarious agents on the web.

    Users can access the web through thousands of Surfshark IP addresses covered across 3200+ servers worldwide, ensuring complete anonymity online. They do not need to show their own IP address to anyone.

    Connect to 100s of unique IPs to maintain your privacy and safety online.

    Benefits of using Surfshark

    Let us talk about some of the most important benefits of using a VPN like Surfshark, and how you can leverage this technology to increase your digital safety.

    • Anonymously Surf the Web: Your IP address is the equivalent of your fingerprint. Using a reliable VPN provider like Surfshark will ensure that your online fingerprint is not accessed by anyone.
    • Protects your Data: Using a reliable VPN will ensure that you access the open web with strong encryption technologies (AES 256 GCM Encryption). This essentially means that nefarious agents do not get access to your private data like Email IDs, Passwords, Credit Card details, and more. Say goodbye to Phishing!
    • Blocks Malware: Surfshark’s adblocker blocks annoying pop-up ads that spoils user experience. Further, blocking pop-ups also leads to safer browsing as it minimizes malware risks.
    • Email Protection: If you bundle Surfshark VPN with Surfshark Alert, you can increase the security of your Email Accounts, and the data within it.
    • No Logs: Surfshark also maintains a No Logs policy like certain other VPN providers like VyprVPN.
    • Access Censored Information: Access censored as well as Geo-specific content and information easily by selecting that country’s IP address.
    • Safe and Secure IPTV Access: Accessing IPTV content with a reliable and fast VPN will lead to an anonymous, secure, and fast viewing experience. IPTV content includes live sports, television programs, news, and more.
    Surfshark can be accessed through mobile.

    It’s an Award Winning VPN Provider

    Surfshark is an award winning VPN provider. Let us have a look at some of their awards and accreditation:

    • VPN Solution of the Year” – 6th annual CyberSecurity Breakthrough Awards
    • “Best Value VPN 2022” – CNET Editor’s Choice
    • Cybersecurity Excellence Award Gold 2021
    • Most popular VPN service 2022 – CanalTech
    • PCWorld Verified Product 2022

    Why Indian’s need to take their cybersecurity seriously?

    Let us now talk about why Indian internet users need to take their cybersecurity very seriously. Mentioned within are some alarming stats that every Indian internet user should take note of.

    • According to a Kaspersky Report, over 45% of Indian internet users were attacked in 2020 alone
    • There was a 300% increase in cybercrimes in India in 2020 (1,158,208 cyberattacks)
    • India is the second most vulnerable and targeted nation for Ransomware attacks in Asia-Pacific
    • Remote working has increased the risk of social engineering attacks, phishing, and pretexting

    Using a VPN provider like Surfshark can mitigate or even eliminate most of these risks.

    Additional Features of Surfshark

    There are some additional features and benefits of Surfshark, they are:

    • Two-factor authentication to increase security
    • RAM only servers increase the speed of their VPN
    • Blazing fast and secure protocols (OpenVPN UDP / TCP, WireGuard, IKEv2/IPsec)
    • AES 256 GCM data encryption
    • IP Rotator and Bypasser for additional security
    • 24/7 customer support (including Live Chat)
    • Ability to connect multiple devices using a single VPN account
    • 30-day money-back guarantee

    Some Notable Customer Reviews

    Existing customers seem to be talking highly of SurfShark’s customer support. Let us have a look at some of their customer reviews.

    Note: Reviews are taken from Trust Pilot.

    Sources:  

    • https://www.hindustantimes.com/india-news/almost-300-rise-in-cyber-attacks-in-india-in-2020-govt-tells-parliament-101616496416988.html
    • https://www.businesstoday.in/technology/story/india-second-most-targeted-country-by-ransomware-in-apac-and-japan-region-report-374338-2023-03-22
    • https://www.kaspersky.co.in/about/press-releases/2021_the-growing-cyber-threats-for-digital-india-kaspersky-report-reveals-that-35-of-indian-online-users-were-attacked-by-web-borne-threats-in-2020

    Disclosure: InsuranceLiya.com may receive remuneration on certain products mentioned on this page.

    Frequently Asked Questions

  • Does Surfshark offer a money back guarantee?

    Yes, Surfshark offers a 30 Day Money Back Guarantee.

  • Does Surfshark offer a free trial?

    Yes, the company offers a 7 day trial for Android, OS, and Mac users.

  • Can I avail a Surfshark subscription using UPI?

    Yes, Indian users can pay for their Surfshark subscription using UPI.

  • Editor's Choice VPN

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