Insurance

New India Assurance Pivots Toward Retail Segment to Drive Growth

News Desk5 days ago03 mins

Strategic Shift in Market Focus New India Assurance (NIA), the state-owned insurance giant, has officially announced a strategic shift to prioritize its retail insurance portfolio across India throughout the current fiscal year. By reallocating resources and refining its product distribution, the company aims to reduce its reliance on bulk corporate accounts and capture a larger…

Understanding the Free-Look Period: Your Safety Net Against Insurance Mis-selling

News Desk5 days ago5 days ago03 mins

The Critical Window for Policy Cancellation Policyholders in the insurance market possess a crucial, often overlooked, legal safeguard known as the ‘free-look period,’ which allows them to cancel a newly purchased policy within a 15-day window after receiving the documentation. This provision, mandated by regulatory bodies in various jurisdictions, serves as a vital cooling-off mechanism…