#insurance-costs

Why NRIs Should Buy Health & Term Insurance in India: GST Refund, Tax Benefits & Secure Coverage
For Non-Resident Indians (NRIs), securing health and term insurance for themselves and their families back in India is more than just a financial obligation—it is a critical step toward safeguarding their loved ones and managing long-term security. As global citizens, NRIs often weigh the pros and cons of buying insurance in their country of residence versus opting for policies in India. What tips the scale in favor of Indian insurance are three strong reasons: affordability, extensive
Why NRIs Should Buy Health & Term Insurance in India: GST Refund, Tax Benefits & Secure Coverage
For Non-Resident Indians (NRIs), securing health and term insurance for themselves and their families back in India is more than just a financial obligation—it is a critical step toward safeguarding their loved ones and managing long-term security. As global citizens, NRIs often weigh the pros and cons of buying insurance in their country of residence versus opting for policies in India. What tips the scale in favor of Indian insurance are three strong reasons: affordability, extensive

Car Repairs, Prices, and Insurance Costs Set to Rise Due to Trump's Auto Tariffs
President Donald Trump's 25% tariffs on auto imports, which are set to take effect on April 3, are expected to have far-reaching effects on the automotive industry in the U.S. Even if you're not actively in the market for a new car, these new tariffs could impact the cost of owning and maintaining your vehicle. The tariffs, designed to boost domestic manufacturing and generate significant revenue, will raise the price of cars imported from foreign countries. But beyond the initial cos
Car Repairs, Prices, and Insurance Costs Set to Rise Due to Trump's Auto Tariffs
President Donald Trump's 25% tariffs on auto imports, which are set to take effect on April 3, are expected to have far-reaching effects on the automotive industry in the U.S. Even if you're not actively in the market for a new car, these new tariffs could impact the cost of owning and maintaining your vehicle. The tariffs, designed to boost domestic manufacturing and generate significant revenue, will raise the price of cars imported from foreign countries. But beyond the initial cos

Affordable Health Insurance for Seniors: Strategies to Lower Premium Costs
As people age, having a reliable health insurance plan becomes a critical component of financial and personal well-being. With medical expenses escalating and premiums on the rise, many senior citizens face the dual challenge of securing adequate coverage while managing their budgets. Fortunately, several practical strategies can help lower health insurance costs without compromising on the quality of care. This article explores effective methods to reduce premium expenses, enabling seniors t
Affordable Health Insurance for Seniors: Strategies to Lower Premium Costs
As people age, having a reliable health insurance plan becomes a critical component of financial and personal well-being. With medical expenses escalating and premiums on the rise, many senior citizens face the dual challenge of securing adequate coverage while managing their budgets. Fortunately, several practical strategies can help lower health insurance costs without compromising on the quality of care. This article explores effective methods to reduce premium expenses, enabling seniors t

IRDAI Limits Premium Hike for Senior Citizens to 10% Annually
The Insurance Regulatory and Development Authority of India (IRDAI) has issued a notification that seeks to limit the financial burden on senior citizens regarding health insurance premiums. The new directive mandates that insurers cannot increase premiums for individuals aged 60 years and above by more than 10% annually. This move addresses the concern that steep premium hikes for this vulnerable demog
IRDAI Limits Premium Hike for Senior Citizens to 10% Annually
The Insurance Regulatory and Development Authority of India (IRDAI) has issued a notification that seeks to limit the financial burden on senior citizens regarding health insurance premiums. The new directive mandates that insurers cannot increase premiums for individuals aged 60 years and above by more than 10% annually. This move addresses the concern that steep premium hikes for this vulnerable demog

TDP Sets All-Time Record with 1 Crore Registered Memberships
Telugu Desam Party (TDP) has made a remarkable achievement by registering over 1 crore members, a first in the party's history. The ongoing membership drive, which has seen a surge in registrations, has reached an impressive milestone of 1,00,20,065 members, with notable participation from both Andhra Pradesh and Telangana. The drive gained momentum under the leadership of Nara Lokesh, who introduced an insurance policy offering a Rs 5 lakh coverage, adding significant value for
TDP Sets All-Time Record with 1 Crore Registered Memberships
Telugu Desam Party (TDP) has made a remarkable achievement by registering over 1 crore members, a first in the party's history. The ongoing membership drive, which has seen a surge in registrations, has reached an impressive milestone of 1,00,20,065 members, with notable participation from both Andhra Pradesh and Telangana. The drive gained momentum under the leadership of Nara Lokesh, who introduced an insurance policy offering a Rs 5 lakh coverage, adding significant value for

TDP's Massive Membership Drive
The Telugu Desam Party (TDP), known for its strong presence among the masses in Andhra Pradesh, has achieved an extraordinary milestone with its ongoing membership drive. In less than a month, TDP has successfully enrolled 50 lakh new members, a feat that showcases the party's deep-rooted influence in the region. With Andhra Pradesh’s population in 2022 at 5.33 crore, this means 10% of the state's population is now registered as TDP members. This massive membership sur
TDP's Massive Membership Drive
The Telugu Desam Party (TDP), known for its strong presence among the masses in Andhra Pradesh, has achieved an extraordinary milestone with its ongoing membership drive. In less than a month, TDP has successfully enrolled 50 lakh new members, a feat that showcases the party's deep-rooted influence in the region. With Andhra Pradesh’s population in 2022 at 5.33 crore, this means 10% of the state's population is now registered as TDP members. This massive membership sur

Rising Construction Costs in India: Labour Surge and Material Price Shifts Impact Real Estate
The cost of real estate construction in India has risen by 11% over the past year, according to a recent report by Colliers India. This increase is largely attributed to a significant rise in labour costs, which have surged by 25% annually. Labour expenses now account for over 25% of total construction costs, placing additional strain on budgets and operational expenditures. A growing demand for skilled workers, along with costs associated with training, safety, and compliance, has further dr
Rising Construction Costs in India: Labour Surge and Material Price Shifts Impact Real Estate
The cost of real estate construction in India has risen by 11% over the past year, according to a recent report by Colliers India. This increase is largely attributed to a significant rise in labour costs, which have surged by 25% annually. Labour expenses now account for over 25% of total construction costs, placing additional strain on budgets and operational expenditures. A growing demand for skilled workers, along with costs associated with training, safety, and compliance, has further dr

Rs 5 lakh health insurance under Ayushman Bharat for senior citizens above 70 years: Who is eligible?
Prime Minister Narendra Modi is preparing to announce a significant expansion of the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) on October 29, as per official sources reported by PTI. This extension will offer health coverage to all citizens aged 70 and above, regardless of income level, aiming to benefit around six crore seniors across 4.5 crore households. What the Expanded Scheme Brings Under the enhanced Ayushman Bharat Pradhan Mantr
Rs 5 lakh health insurance under Ayushman Bharat for senior citizens above 70 years: Who is eligible?
Prime Minister Narendra Modi is preparing to announce a significant expansion of the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) on October 29, as per official sources reported by PTI. This extension will offer health coverage to all citizens aged 70 and above, regardless of income level, aiming to benefit around six crore seniors across 4.5 crore households. What the Expanded Scheme Brings Under the enhanced Ayushman Bharat Pradhan Mantr

"Delhi LG Proposes Tiered Vehicle Insurance Premiums Based on Traffic Violations"
Delhi Lieutenant Governor VK Saxena has proposed a tiered vehicle insurance premium system that would link costs directly to the number of traffic violations recorded against a vehicle. In a letter to Union Finance Minister Nirmala Sitharaman, Saxena emphasized that this system could incentivize safer driving habits, reduce accidents, and alleviate the financial burden on insurers from frequent claims. Citing alarming accident statistics, including over 4.37 lakh road accidents in 2022, Saxen
"Delhi LG Proposes Tiered Vehicle Insurance Premiums Based on Traffic Violations"
Delhi Lieutenant Governor VK Saxena has proposed a tiered vehicle insurance premium system that would link costs directly to the number of traffic violations recorded against a vehicle. In a letter to Union Finance Minister Nirmala Sitharaman, Saxena emphasized that this system could incentivize safer driving habits, reduce accidents, and alleviate the financial burden on insurers from frequent claims. Citing alarming accident statistics, including over 4.37 lakh road accidents in 2022, Saxen