Page 16 - Sum Insured News Today : Breaking News, Live Updates & Top Stories | Vimarsana

ABC Everyday Amanda lost her home in a bushfire, but her insurance covered the costs. ( Print text only Amanda Scully's family always had a fire plan. But by the time the bushfire had ripped through their NSW town of Malua Bay on New Years Eve in 2019, plan A quickly became plan C. "Our home was completely destroyed. There was nothing left," she says. For Amanda, having insurance was worth it for the temporary accommodation cover alone. "We had to live somewhere else in a lease of $550 a week. So to have to pay that on top of doing the rebuild, that would just be too much."

The plan offers two benefit options wherein you have the flexibility to choose the type of Sum Insured at the inception.  Option I Level Sum Insured: The Basic Sum Insured shall remain unchanged throughout the policy term.  Option II Increasing Sum Insured: The Sum Insured increases by 10% of Basic Sum Insured each year for first five years starting from the first policy anniversary or until the diagnosis of first event of Cancer, whichever is earlier.  A waiting period of 180 days will apply from the date of issuance of policy or date of revival of risk cover, whichever is later, to the f...

Standard vector borne disease health insurance policy on cards Updated: Updated: IRDAI issues guidelines, advises general, health insurers to offer product Share Article IRDAI issues guidelines, advises general, health insurers to offer product Insurance regulator IRDAI on Wednesday issued guidelines on Standard Vector Borne Disease Health Policy, an insurance cover for diseases such as dengue and malaria that it wants general and health insurers to add to their portfolio of products. An insurance product whose features will be common, but priced differently with the insurers permitted to...

Youngsters often overlook Health Insurance due to multiple misconceptions or beliefs.  Representational Image  |  Photo Credit: BCCL Being in your 20s can be an exciting phase of one’s life. When they start their career, there are many aspirations, targets, goals, and liabilities that vie a piece of the salary-pie. On one hand, there could be impulse spending, while on the other hand, there may be student loans that are yet to be written off. This is a phase that thereby calls for financial planning. While the youngsters are aware that they should be putting their...

6 January 2021 10:11 am / Comments are Disabled Insuring your beloved Honda vehicle has never been easier and more complete than with the upgraded Honda Insurance Plus (HiP). The motor insurance plan from Honda Malaysia has now been enhanced to provide customers with coverage benefits you won’t find elsewhere. Why choose HiP for your Honda over insurance from other parties? Well, that’s because HiP is the most comprehensive car insurance package available for a Honda vehicle. What makes HiP special is its full range of benefits, be it from Rescue and Protection to Savings. For Res...