Now, workers in unorganised sector under health insurance scheme

NEW DELHI: The union cabinet Thursday brought workers in the unorganised sector under the cover of
Rashtriya Swasthya Bima Yojana through which they are entitled to smart card-based cashless health insuranc cover of Rs.30,000 per family every year.

Buying insurance for wedding can cover its risks

the concept of wedding insurance has not taken off in a big way, we did receive proposals for certain high-profile weddings last year. Usually, those spending over 10 crore on weddings opt for wedding insurance," informs Anuj Tyagi, head, corporate and rural agri-business, HDFC ERGO General Insurance.

Age barrier for health policies may go

The Insurance Regulatory and Development Authority (Irda) is looking to do away with the age limit for purchasing insurance policies. By allowing policyholders to renew policies at any age, Irda has already taken the first step to make health policies ‘age free’. It had recently made it mandatory for policies to have a “life long” renewal clause. This means once a health insurance policy is issued, insurers would be obliged to continue renewing such policies during the policyholder’s lifetime.

Sachin Tendulkar buys Rs 100 cr cover

Having moved into his "dream house", ace cricketer Sachin Tendulkar has now secured his five-story Bandra residence with a staggering Rs 100 crore insurance cover, one of the biggest insurance deals by an individual.