The Union Budget 2024 emphasised capital expenditure, talent development, R&D, infrastructure development, and capital investment, which play a key role in India’s sustainable growth.
Insurance could be a whirlpool of confusion for someone new to the insurance space with terms like deductible, co-payment and Bancassurance leaving one utterly stumped. After navigating the aforementioned insurance terms, it’s time to tackle ‘Pre-Existing Diseases’. This term plays a significant role in the health insurance segment as it determines your coverage and risk factors. Before c...
The 5G network is going to be a whole lot faster.The era of hyperconnectivity is upon us and the 5G network rollout has ignited a digital revolution across industries, including insurance. The post-COVID world has grown accustomed to faster turnouts and convenience, which means under 10-minute deliveries, on-call consultations and unprecedented access to everything. For it, a consumer requires ...
With over 100 million Gen Z consumers in India, this demographic holds a significant sway over the country’s consumer landscape. As trailblazers of societal change, Gen Z’s dreams, ambitions, and values shape the very fabric of our society, challenging traditional norms and reshaping the future.
While in-patient medical expenses are comparatively higher than outpatient costs, the higher frequency of outpatient visits can disrupt finances. Outpatient Department (OPD) cover is commonly available with most health insurance policies and can turn out to be a lifesaver when it comes to saving on medical expenses incurred without hospitalisation. In recent years, OPD benefits have garnered...
Father's Day Special: From planning comprehensive savings ideas to making informed investment decisions, fathers play a pivotal role in building a solid financial foundation for their loved ones.
It is safe to assume that voice assistants could revolutionise the insurance space in India by making customer interactions more efficient and personalised.
As of 2019, India's urban population stood at just over 470 million, approximately 34.47% of the total population. In contrast, more than 65% of the population resides in semi-urban and rural areas, where access to digital services is significantly lower compared to major cities. - Pradhan Mantri Jan Dhan Yojana.
As predicted by the Swiss Re Institute, by 2028 we should anticipate a significant growth in total insurance premiums, with an estimated increase of 7.1% in real terms.