Health insurers provide fifteen days of ex -gratia period when the premium payment mode is monthly. In all other cases, they offer thirty days grace period to pay installment premium due to the policy. “During such grace period, coverage will be available, if the premium is paid in installments during the policy period,” the insurers…

Many South African motorists are unaware of the different values they can insure their vehicles for, leading to potential financial setbacks in the event of a total loss or major damage to their vehicles. When accidents occur, vehicle owners who do not have insurance on their cars run the risk of having to pay out…

Want to make your money work for you? It all begins with setting clear, actionable financial goals. In this episode of Invesco Mutual Fund we walk you through how to identify, categorize, and achieve your short, medium, and long-term financial goals using the power of mutual fund investing. Subscribe for more easy-to-understand investment explainers. [Read…

Medicare, the U.S. government’s health insurance program primarily for seniors, covers nearly 65 million Americans—but at what cost? Despite its massive scale, Medicare often pays significantly more for prescription drugs than health systems in other rich nations. In this infographic, we compare the prices for a 30-day supply of 10 prominent drugs using data from…

The insurance platform market is forecasted to expand from USD 116.16 billion in 2025 to USD 207.52 billion by 2030, growing at a CAGR of 12.3%. Key drivers include digital transformation trends, rising demand for personalized insurance policies, and the increasing adoption of cloud-based solutions for enhanced scalability and efficiency. Insurers are utilizing AI, data…

China to increase tariffs on US imports from 34% to 84% China says it will raise tariffs on U.S. imports from 34% to 84% in response to President Donald Trump's reciprocal tariff announcement this week. Chinese officials have vowed to fight "to the end" amid a trade war with the U.S. The new tariff level…

Republican Iowa Sen. Joni Ernst has asked Treasury Secretary Scott Bessent for the IRS to improve its technology so that people starting a business can apply for an employer identification number (EIN) all day every day. The senator, who chairs the Senate Department of Government Efficiency (DOGE) Caucus, made the request on Tuesday in a…

The Trump administration is building a case in court for its ability to send people in the United States to an overseas detention camp — and then refuse to bring them home even if they’re innocent. In a new court filing Tuesday night, the administration referred to a group of Venezuelan migrants and asylum seekers…

International brokerage Morgan Stanley included non-banking financial company Bajaj Finance and state-run defence player Hindustan Aeronautics in its Asia Pacific Ex-Japan and Global Emerging Markets focus lists. As Bajaj Finance's management transition has been outlined, with falling credit costs and a favourable interest regime, the investment case for Bajaj Finance is clear, noted the brokerage. On…

Munich Re said it has acquired Next Insurance, which will become part of the reinsurer’s major primary insurance business, Ergo. The agreement in place values Next Insurance at $2.6 billion. Ergo already owned nearly 30% of the digital insurance company’s shares. Munich Re was an early investor in Next Insurance. Closing is expected during the…