With the disastrous COVID-19 pandemic and the subsequent stringent lockdown, various small businesses, industries, income opportunities and jobs had to face a sudden jolt. The drastic measures are taken by the Indian government to control the spread of the infection resulted in several unprecedented shutdowns and lay-offs. To bring some semblance of normalcy in the […]
Novel Coronavirus, commonly known as COVID-19, has permeated the country exponentially, causing health upshots and havoc and leaving the citizens in financial distress. Given the meagre extent of health insurances in India’s semi-urban and rural areas, the rift for insurance companies racing to bridge the gap has also increased. While the effort to do by […]
Insurance is not an interesting topic of discussion when you are young and have just joined employment.When you have no responsibilities of a family, children’s education or dependents, you might not feel the need to start a life insurance policy.But, today more and more young people, as early as in their 20’s, are looking to […]
Payworld is an Indian multimode payment solutions company that has been catering to businesses and general customers for quite some time now. Now, we have also set foot in the insurance sector with the aim of providing customers with the best value for money insurance plans they can get. Currently, in India, insurance is a […]
Introduction As per a report released by the Insurance Regulatory and Development Authority of India ( IRDAI ), the penetration of life insurance in India is as low as 3.9% as against the world average of 6.3%. (Here the value of premiums is expressed as a percentage of the national GDP). Unfortunately, only about 20% […]