Tap to Call

Category: Insurance

Do you also believe that Insurance Broker and Insurance Agent are the same?
The answer is No. Insurance Broking is an organization licensed and controlled by the Insurance Regulatory and Development Authority of India.
Insurance Broking has a wider scope of approach when it comes to selecting the right policy for you. Because an Insurance Broker can extend their approach to all the insurance companies. They act as your representative to the insurance company.
Whereas Agents act as Insurance Company’s representative for which they hold the license. Hence their approach is limited to the single insurance company.
Since Insurance Broking is an entity and not an individual, they have greater responsibilities towards their clients and dedicated teams to take care of them.
The support from an Insurance Broker is not restricted to just helping you buy the right policy. They help you throughout the policy life cycle including their dedicated support in settlement of the claim.

Personal Health Insurance : How to make it Affordable?

With growing lifestyle health risks, pandemic threats and inflation in medical treatment costs, the importance of having a comprehensive insurance coverage has become paramount. The health insurance premium is the amount paid by a policyholder to the health insurance provider to avail medical coverage and the benefits associated with a health insurance policy. People have […]

Read More

6 Steps to Reduce Health Insurance Premium Cost of your Company

Cost-cutting is a hard reality, especially in the post-pandemic era. As an employer, you want to do what is best for your employees while not losing sight of your company’s long-term goals. For your company to run smoothly and have a sustainable future, you must look at all possible ways to reduce your costs. Your […]

Read More

Mobile Phone Insurance : Is it just enough?

Who is the one person that knows you more than you know yourself? The answer is not a living being but an inanimate object – your smartphone. From your thoughts to your eating preferences and your political opinions, your smartphone is your personality condensed into digital data. With all the sensitive information such as your […]

Read More
vector image of couple with distance

Let us divorce | Ethika Insurance Broking Pvt Ltd

This will put an end to all your problems. He said sternly, hurrying out for his office. I sank into the sofa, stunned. Dumbfounded. What did I do for this? Don’t I deserve a good life, Happy relationships, Kids future, Some fun, and recreation? My joy, freedom, and peace of mind have no value, is […]

Read More
vector image of parents insurance cases

Getting our Parents health insurance is always an issue.

Most of our parents never insured their health when they were young. Now Insurance companies don’t want to cover them, as their current health conditions are not favorable to insurers underwriting guidelines. Ayushman Scheme launched by the government does not cover the middle class. Very few corporates (15%) cover employee’s Parents under group health insurance. […]

Read More
image of will - last will for nominee

Execute A Will For Your Nominee To Get The Proceeds Of Your Insurance Claim After Your Death

Like thousands of people, do you think that Nominee will get the proceeds of your Insurance Claim after your death? Then you are mistaken. The nominee is just a custodian of the claim amount. He can’t spend the amount. He will have to give the proceeds to the legal heir as per the succession law. […]

Read More
vector image of best life insurance

Which is the best private LifeInsurance in India?

Unlike health insurance, life insurance has limited criteria to compare the plans of various insurance companies. Once you finalize which plan type, there are only 2 things to check – one is premium and the other is the Company’s sustainability and claim settlement ratio. For the plan, I would suggest you go for a Term […]

Read More
save tax under section80D

How to use Section80D to save maximum tax?

We are allowed to claim a deduction of Rs.25K from our taxable salary for the Mediclaim Insurance premium. But so many of you will be covering yourself (including spouse and kids) within Rs.10K to 15K only. You can utilize the balance benefit by purchasing an Outpatient benefit Insurance policy. For example, let’s say your Mediclaim […]

Read More
vector image of people holding insurance papers - material fact in an insurance contract

What is a material fact in an insurance contract?

“A material fact under the insurance contract is -any situation or information which can increase the frequency and/or severity of loss which is covered under that particular insurance contract.” For example: A Dog bite could be a material fact for a health insurance contract which has to declared by the proposer to the insurance company. […]

Read More
vector image of drunk and drive accidental death

Why Insurance claims of accidental deaths caused by drunk and drive are denied?

I was having an interesting chat with one of the Corporate HR Leaders yesterday. His question was: “Why in Accidental Deaths, if the person died is found drunken driving, he is denied the insurance claim ” He continued “the proceeds of the claim are meant for his family members. Why punish family members for the […]

Read More
vector image of buildings - Gratuity to employees

How can Gratuity given early to employees can benefit them?

Companies may be required to give a gratuity to employees after just one year of completed service (presently it is 5 years). The parliamentary panel has recommended this proposal to the government. Most of the companies currently pay the gratuity portion from the companies P&L. If this proposal gets implemented, Life Insurers might see a […]

Read More
Ethika Insurance Broking awarded in the ICICI Udaan event as the top emerging Broker

Ethika Insurance Broking awarded in the ICICI Udaan event as the top emerging Broker

Ethika Insurance Broking awarded in the ICICI Udaan event as the top emerging broker. We like to thank ICICILombard for acknowledging us. Our focus on the happiness of our clients, employees and our partner drives us to success.

Read More
vector image of 2 people talking -Difference between insurance agent and insurance broker

Insurance Broker Vs Insurance Agent

I was traveling to Vizag by train. During journey the person beside me seemed very knowledgeable. We immediately became friends. During our conversation, he asked me, what I do for a living. I said, “I am an insurance broker”. His attitude toward me immediately changed. He hardly spoke to me later. “What happened ?”, I […]

Read More
vector image of group of people - UNLOCK 1.0


I am sure every reader of this blog can relate himself/herself to one of the below situations. Finally, the day arrived when we decided to live with it rather than choosing death for those who are unable to continue their source of livelihood due to lockdown. Lucky are the ones who are yet having the […]

Read More
vector image of Insuring the risk

Insuring The Risk of Insuring The Risks

Customer – I want to claim my laptop theft. Insurer Claim Manager -Oh I am so sorry? How did you lose it? Customer – I actually lost my car key in during parking and someone stole the laptop from my car. Claim manager – Oh I am so sorry. It is not covered as it […]

Read More
vector image of health workers - Health Insurance for Workers is made mandatory by Government

Health Insurance for Workers is made mandatory by Government

In the guidelines released by the Ministry of Home Affairs, it has been made mandatory to have health insurance for workers, when restarting of operation starts from 20th April. Normally in a Factory/ Manufacturing premises, the workers are covered under Workmen Compensation for occupational hazard and not for medical insurance. Some Workers covered under ESI may […]

Read More

How to be prepared to have hassle free treatment & claims process in health insurance

An insured purchases a health insurance policy after thorough understanding and comparisons. But the job does not end there. A health insurance policy is a good deal only if you get your claim settled hassle-free. But the insurance company alone is not responsible to get this done for you. There are a couple of steps […]

Read More
image of lockdown - Don’t allow lockdown to lock your insurance cover as well

Don’t allow lockdown to lock your insurance cover as well

IRDA has given relaxation of 30 days in addition to the grace period of 30 days in the policy, for the payment of life insurance and health insurance premiums falling due during the lockdown time. So, your policy will not lapse. However, claims falling due after the expiry is not considerable till the payment of […]

Read More
image of man walking on rope blindfolded - risk while insuring the risk

Risks while insuring Risks

Today insurance is turning its picture from a noble social security option to a business of Fear. Instead of how humanity can benefit from this pooling of risks, insurers started looking at how the company can benefit. Having this vision has to lead them to behave in a self-securing mode in designing products, policy terms, […]

Read More
image of a woman watching out of window - ALL ABOUT LOCKDOWN AND ITS IMPACT ON INSURANCE

All about Lockdown and its impact on Insurance

The impact is not the same for all the lines of insurance. life insurance is staring at huge claims due to the sudden and increased number of deaths, whereas the increased risk of falling sick has made people more conscious to buy health insurance. We will look in detail the impact on commonly purchased lines […]

Read More

Terms & conditions in Health Insurance Policy should not be used for marketing tactics

When it’s a question of simply pooling the money for one who would actually incur a loss, then why there are so many terms & conditions? Why it can’t be as simple as, in case of hospitalization total bill amount up to the sum insured is payable. All I want to say is, wherever there […]

Read More
vector image of hands protecting people - Mera Naam hai Insurance and I am not an Investment

Mera Naam hai Insurance and I am not an Investment

Reasons why we ignore Insurance in India “Ignorance is bliss”, till the time it’s not- Indian culture is rich in a lot of things, but financial consciousness is not one of them. Children and young adults are educated in social do’s and don’ts, but not in matters of financial planning. All of us have seen […]

Read More
image of employees working - Insurance Right place to build your career

Insurance – Right place to build your career

The insurance Industry is presently seeing many reforms. A recent amendment to the Insurance Act and the opening of FDI to 49% is making this sector very lucrative. The whole world is looking at India to eat the cake of Insurance. The current market penetration in Insurance is only 3% which is half of other […]

Read More