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Premium Calculation by Health Insurance Companies

This article gives an insight as to how healthcare insurance policy premiums are collected by Insurance companies which will be useful for any layman.

Mumbai , Maharashtra , India , Kolkata , West-bengal , Chennai , Tamil-nadu , Hyderabad , Andhra-pradesh , Development-authority , Or-modified-community-rating

Insurance Concepts and IRDA [Insurance Regulatory and Development Authority]

Insurance is a federal subject in India. It is a subject matter of solicitation. The legislations that deal with insurance business in India are Insurance Act, 1938 and Insurance Regulatory & Development Authority Act (IRDA), 1999.

India , Insurance-regulatory-development-authority , Brief-introduction , Insurance-act , Insurance-regulatory , Development-authority-act , Risk-management , Insurance , Ndia , Rda , Nsurance-regulatory-and-development-authority

Fraudulent Health Insurance Claims

To educate the public regarding hazards of committing fraud in healthcare insurance claims and its implication on the economy.

United-states , India , Healthcare-provider , Health-insurance-fraud , Raudulent-claims , Ealth-insurance , Nsurance , Nsurance-companies , Xaggerated-claims , Olicyholder , Alse-documents

Irdai tells insurers to step up efforts to trace rightful recipients as unclaimed funds pile up

Among measures, it suggests holding agents, intermediaries, group master policyholders, and other in the distribution channel accountable for tracing customers and updating their details

India , Development-authority-of-india-irdai , Insurance-regulatory , Development-authority , Account-aggregators , Unclaimed-amount , Olicyholder , Olicy , Remium , Oney , Ncome

Irdai tells insurers to provide simplified policy information document starting January 1

Says since a policy document may be fraught with legalese, it is imperative to have a document that explains, in simple words, the basic features of the policy

Development-authority-of-india-irdai , Insurance-regulatory , Development-authority , Insurance , Olicy-documents , Rdai , Olicyholder , Nformation , Nsurance-documents ,

How Is My Life Insurance Policyholder Dividend Income Taxed?

Life insurance policy dividends are returns on premiums that a policyholder receives from the insurance company when it has surplus earnings. As a general rule, life insurance policy dividends are not taxable as these are considered as return of premium. This means that policyholders can receive dividends without worrying about an added tax burden. However, […] The post How Is Life Insurance Policyholder Dividend Income Taxed? appeared first on SmartReads by SmartAsset.

Life-insurance , Life-insurance-that-receive , Receive-your , Financial-advisor , Ife-insurance-policy , Olicyholder , Ax-implications , Nsurance-policies ,

Stunned by a Citizens Insurance 'depopulation' letter? Here's what you need to know.

Tens of thousands of customers of state-owned Citizens Property Insurance Corp. are getting a stunning surprise in their mailboxes. It’s a letter from Citizens’ “Depopulation Unit” stating their policies have been assumed by a private-market company. Cause for celebration? Not if the private company’s estimated annual premium is higher than what the policyholder is paying Citizens. Delores ...

Florida , United-states , Palm-beach-gardens , Deerfield-beach , Jeff-torrey , Michael-peltier , Brian-murphy , Delores-smerkers , Steve-rogosin , Safepoint-insurance-co , Citizens-property-insurance-corp , Citizens-property-insurance

Trade Credit Insurance Market to hit USD 23.9 billion by

Trade Credit Insurance Industry is projected to witness a CAGR of 10.2% during the period 2023-2032. This growth can be attributed to the expansion of...

India , Sweden , Delaware , United-states , Spain , Ukraine , Germany , Brazil , Singapore , Canada , Selbyville , American

Farmers Insurance pulls out of Florida, angering Patronis

TALLAHASSEE — Farmers Insurance Group announced Tuesday that it would no longer write new policies or renew existing homeowner, auto and umbrella policies, a day after Florida Chief Financial Officer Jimmy Patronis took to Twitter to threaten to take action if it did. “Hearing rumors @WeAreFarmers might pull out of Florida,” Patronis tweeted Monday afternoon. “If that’s true my office is going ...

United-states , Orlando , Florida , Miami , Tampa-bay , Palm-beach , American , Jeff-brandes , Samantha-bequer , Jimmy-patronis , Anna-eskamani , Cnn

Insurance company pulls out of Florida; 100K policyholders affected

The Florida insurance market took a hit Tuesday, as Farmers Insurance said it will end residential, auto and umbrella policies in the state, forcing tens of thousands of customers to look elsewhere for coverage.

Florida , United-states , California , Ania-beach , Trevor-chapman , Samantha-bequer , Hilary-cassel , Casualty-insurance-co , Farmers-insurance , Twitter , Insurance-co , Farmers-casualty-insurance-co