Mahindra Insurance Brokers Limited (MIBL) is going to tap 300,000 villages through the Point of Sales Person (PoSP) model to distribute insurance products.MIBL is a subsidiary firm of Mahindra and Mahindra Financial Service, where 20% equity stake is held by AXA XL, a France based global insurer and reinsurer.MIBL will be training 100,000 people as certified PoSP across 300,000 villages in India by 2023 to sell insurance products in a digital as well as physical manner.Dr Jaideep Devare, MD, MIBL said, “Our major emphasis has been to provide value to under penetrated markets and under-served customers in rural markets.”Over the last 15 years, MIBL has been able to provide insurance cases to over 1.25 crore people out of 80% comes from rural India.Partnership ModelMIBL will be training 100,000 people as certified PoSPs to sell insurance using end-to-end digital processes in rural India under the ‘Sajhedaari’ model.Devare said, “The model will resolve the … [Read more...] about Mahindra Insurance Brokers to tap 300,000 villages through PoSP model
Means testing health insurance
Specialised cancer policies cover multiple types of cancers, including lung cancer, breast cancer, ovarian cancer and prostate cancer, and coverage is available at multiple stages of the disease. In most benefit policies, a lumpsum is paid on diagnosis and further premiums are waived under certain conditions. A monthly income is paid for a specified number of years for certain conditions. … [Read more...] about All about insurance policies for cancer treatment
State of Global Air 2019, published by Health Effects Institute (HEI), said exposure to outdoor and indoor air pollution contributed to over 1.2 million deaths in India in 2017. The report added that worldwide, air pollution was responsible for more deaths than many better-known risk factors such as malnutrition, alcohol abuse and physical inactivity. … [Read more...] about In India, air pollution is the third-highest cause of death among all health risks: report
There have been mounting concerns about the impact that continuing spread of the disease would have on China’s economy. One reason why, President Xi was reported to have cautioned officials to not go overboard with imposing restrictions. President Xi, according to a Reuters report, felt they had already gone too far. Any impact of the virus on the Chinese economy would have a ripple effect that would be felt far away including on, oil prices, as China is the world’s largest importer. … [Read more...] about What makes Covid-19 a global public health enemy?
On Wednesday, nineteen Chinese crew members of a vessel from China’s Shanghai was allowed to enter the Kolkata port after their ship was quarantined at Sagar Island in South 24 Parganas for several hours, port officials said. They were cleared by the doctors but will undergo thermal scanning on Thursday, officials added. … [Read more...] about 2 Indians on ship test positive, coronavirus spectre grows bigger