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PM to launch Modicare nationwide from Jharkhand, National Insurance bags state’s hybrid account

Jharkhand has opted for a hybrid account where National Insurance will provide cover for Rs 1 lakh while the rest will be managed by the state government. NIC has signed MoU with the Government of Jharkhand to extend health insurance to 57 lakh families for a total premium of Rs 535 crores. The PSU general insurer is charging an annual premium  of Rs 900/- per family in the state..

Compulsory personal accident cover hiked to Rs 15 lakh, premium rises to Rs 750

Earlier while giving verdict while disposing a  MACT(Motor Accident Claims Tribunal)  case in Oct 2017, the Madras High Court had asked the IRDAI to enhance the CPA  cover from the existing Rs 1 lakh to at least not less than Rs.15 lakh so that the amount of will add to  some succor or solace to the victims of road accidents, who are the owner of the vehicle, who may incidentally sustain bodily injury or death

 

Suresh Prabhu orders safety audit of all airlines, airports

Prabhu has directed officials concerned to prepare a comprehensive safety audit plan, which involves assessment of safety parameters of all scheduled airlines, aerodromes, flying training schools and MROs immediately, an official statement said.

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