Tag: insurance

From coverage limits to choosing right policy partner — here’s a guide on insurance plans for first-time home buyers

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Homeownership is a significant milestone for many Indians, embodying aspirations, stability, and security of owning a physical asset. However, along with the joy of owning a home comes the responsibility of safeguarding it against unexpected risks.

For first-time homebuyers, navigating the landscape of home insurance is crucial to protect their investment and make a prudent financial move.

Despite its profound significance, the penetration of home insurance in India remains remarkably low, standing at just about 1%.

While making a property purchase decision, buyers usually consider factors such as stamp duty, registration fees, etc. as add on charges. They miss out on buying home insurance, which is crucial in offering protection against natural calamities and sudden crises.

In this comprehensive guide, we’ll walk you through the essentials of home insurance, empowering you to make informed decisions and secure your newfound haven effectively.

Understand your home insurance policy’s coverage limits

Knowing what your policy covers is important. The most common home insurance offerings are structure insurance and content insurance.

While structure insurance covers the losses that arise from damages to the structure due to natural calamities and man-made perils, content insurance protects against damages to appliances, jewellery, furniture and more within your home.

Before choosing an insurance policy, you must carefully review what is included in and excluded from the policy’s scope.

Begin by assessing your home’s replacement cost, not just its market value.

This ensures financial protection in case of disaster. Next, choose coverage levels for both the structure and your belongings, considering valuable items like jewellery or collectables.

Understand common risks in your area – floods, earthquakes, or theft – and ensure the policy addresses them, or add riders for specific concerns. Research deductibles – the amount you pay before coverage kicks in – finding a balance between affordability and financial security.

Finally, compare quotes from reputable insurers, prioritising not just price, but claim settlement ratios and customer service to ensure peace of mind during unforeseen events.

Exploring additional coverage options

While standard home insurance offers essential protection for your property, consider exploring add-on covers to tailor your policy to your specific needs. These optional benefits provide additional financial security in unforeseen circumstances.

Popular add on options include earthquake insurance coverage, flood insurance and jewellery coverage. There are add-ons that enable you to cover the cost of temporary accommodation, meals and other living expenses while your home is being rebuilt.

Many insurers offer comprehensive “package policies” that combine various covers, including the above options, under a single plan.

These can be more convenient and potentially cost-effective compared to purchasing individual add-ons separately. However, the decision between a basic or a package policy ultimately depends on your risk tolerance and budget. You can always consult with an insurance provider to help you find the right add-ons.

Selecting the right insurance partner

Selecting the right insurance partner involves more than just finding the cheapest quote. You want an insurer that delivers on their promises, efficiently settles claims, and offers dependable support.

Essential considerations must include the insurer’s financial strength and stability, as evidenced by strong ratings from agencies like CRISIL, ensuring they can cover claims under difficult circumstances.

The claim settlement ratio is crucial, with a higher ratio indicating a better chance of prompt claim approval and settlement.

Additionally, an insurer with a broad network of surveyors and repair companies can offer quick assessments and repairs, reducing life disruptions.

Instead of settling for the first quote, comparing options from various reputable insurers is advisable, looking beyond price to find comprehensive coverage and superior service.

This is a problem that is easily solved when you are buying your home via a trustworthy seller or a platform.

Many of the modern proptech services now help you find the home insurance provider and package that fits your requirements.

Conclusion

Owning a home marks a momentous new chapter in your life.

While savouring the experience, it’s crucial to secure your investment and ensure peace of mind in the face of unforeseen circumstances. This is where home insurance comes in.

Remember, this is the first step towards protecting your dream – research, compare, and choose the home insurance plan that best meets your individual needs.

This way, you can truly relax and enjoy your new chapter, knowing that your haven is well-guarded and your peace of mind secured.

—The author, Amit Agarwal, is CEO & Co-founder at NoBroker.com. The views expressed are personal.

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IRDAI completes 25 years of inception: Here’s a look at recent reforms reshaping insurance landscape

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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The Insurance Regulatory and Development Authority of India (IRDAI) celebrates its Silver Jubilee on Friday (April 19). Over the past 25 years, IRDAI has been at the forefront of shaping India’s insurance ecosystem, fostering transparency, efficiency, and customer-centricity.

Inclusive approach recognised by experts

According to industry experts, IRDAI’s inclusive approach has been a hallmark of its regulatory efforts.

Vignesh Shahane, MD & CEO of Ageas Federal Life Insurance, commended IRDAI’s role in fostering a robust regulatory framework, driving transparency, and adapting swiftly to regulatory reforms under the leadership of Chairman Debasish Panda.

Venkatachalam Iyer, MD & CEO of TATA AIA Life Insurance, emphasised IRDAI’s contribution to deepening insurance penetration and fostering entrepreneurial opportunities within the sector.

Chairman Debasish Panda’s commitment to ensuring ‘Insurance for All by 2047’ has been reiterated.

With India set to celebrate 100 years of independence in 2047, IRDAI has intensified efforts in the last 10-12 months to enhance the penetration and density of life cover plans across the country.

Sanjeev Mantri, MD & CEO of ICICI Lombard, highlighted IRDAI’s initiatives aimed at developing consumer-centric insurance products, while Rakesh Jain, CEO of Reliance General Insurance, stressed IRDAI’s role in safeguarding consumer interests within the sector.

Pankaj Gupta, MD & CEO, Pramerica Life Insurance further stressed on IRDAI’s initiatives like Bima Sugam, Bima Vistaar, and Bima Vahak.

Recent regulatory reforms aimed at policyholders benefit

In April 2024, IRDAI introduced several regulatory reforms aimed at benefiting policyholders:

Final rules on surrender value: Policies surrendered within three years saw a decrease in surrender value, while those surrendered between the fourth and seventh years witnessed a marginal increase.

Mandatory e-insurance: IRDAI mandated the digitisation of insurance policies across all categories to streamline processes, enhance efficiency, and improve accessibility for policyholders.

Under this directive, policyholders can access their insurance documents digitally, with physical copies available only upon request.

This initiative mirrors the system of holding shares in digital form within a demat account.

Similar to how investors open demat accounts to manage their shares, policyholders now need to establish an e-Insurance Account (eIA) to store and access their insurance policies electronically.

Revisions to health insurance regulations: Key revisions include trimming the pre-existing condition waiting period from four years to three and lowering the moratorium period from eight years to five.

From a customer standpoint, shorter waiting periods translate to reduced uncertainty and quicker coverage for illnesses or claims against them.

This waiting period refers to the duration during which policyholders are not eligible to claim benefits for any pre-existing health conditions they might have during the purchase of the insurance policy.

Shanai Ghosh, MD & CEO of Zuno General Insurance, lauded IRDAI for its balanced approach to regulation and development, promoting innovations and digital transformation within the industry.

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Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Life insurance March data: Total premiums rise 15.6%, annual premium equivalent down 4%

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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The life insurance sector witnessed an increase in total premiums in March, with a year-on-year growth of 15.6%. However, the Annual Premium Equivalent (APE) experienced a slight decline of 4% compared to the same period last year.

The surge in premiums can be attributed to heightened demand for enhanced insurance protection from individual and corporate consumers.

According to data released by the Life Insurance Council, the sector witnessed an increase in new business premium collections in March 2024, amounting to ₹60,213 crore.

This growth, particularly in group premiums, contributed significantly to the overall rise in new business premiums.

HDFC Life reported a 16% rise in total premiums, although its APE saw a drop of 20% year-on-year.

ICICI Prudential exhibited a similar trend with a 16% surge in total premiums and an 18% increase in APE compared to the previous year.

Max Life also witnessed a 16% growth in total premiums, while its APE saw a modest uptick of 3% year-on-year.

SBI Life demonstrated a strong performance, recording a 16% increase in total premiums and a rise of 37% in APE compared to the corresponding period last year.

The general insurance industry, meanwhile, witnessed a 10% rise in premiums in March and a 13% growth in the financial year 2024 (FY24). The key players in the industry showcased diverse performance metrics during this period.

ICICI Lombard reported an 18% increase in premiums for March and a 22% surge in the fourth quarter of FY24. The company sustained its momentum with an 18% growth for the full financial year, nearly double the industry average.

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Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

HDFC Life Q4 results: Net profit rises 15%, company misses FY24 guidance on VNB margin

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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HDFC Life Insurance on Thursday (April 18) reported 14.8% rise in net profit to ₹411 crore for the fourth quarter of FY24. In the same period last year, the company had recorded a net profit of ₹358 crore.

Despite this growth, the company’s Value of New Business (VNB) margin experienced a decline, dropping by more than 300 basis points year-on-year to 26.1%, slightly lower than the estimated 27.7%.

The VNB also saw a decline, standing at ₹1,234 crore compared to ₹1,511 crore in the same period last year.

In terms of total Annualised Premium Equivalent (APE) for Q4, HDFC Life recorded ₹4,727 crore, down from ₹5,162 crore in the previous year.

Despite these fluctuations, the net premium income of the insurer reached ₹20,488 crore, a 5.4% increase from ₹19,426 crore in the corresponding quarter of the previous year.

However, the company’s solvency ratio witnessed a decline, standing at 187% compared to 203% recorded a year ago.

HDFC Life noted positive growth in Tier 2/3 markets, exceeding industry-level growth by 13%.

Annuity and protection contributed nearly half of the new business premium.

Operating Return on Embedded Value (ROEV) stood at 17.5%, with Indian Embedded Value reaching ₹47,468 crore.

The company proposed a final dividend of ₹2 per share.

In a boardroom change, Deepak Parekh stepped down from the role of Chairman and Non-Executive Director, with Keki M Mistry appointed as the new Chairman of the Board.

Additionally, independent directors VK Viswanathan and Prasad Chandran will cease their roles after completing two consecutive terms of five years each on April 24, 2024.

Venkatraman Srinivasan has been appointed as an Independent Director to fill the vacancy.

Following the earnings announcement, shares of HDFC Life were trading nearly 0.95% up at ₹610.20 apiece on the BSE.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Mutual fund investments soar 86% in FY24, insurance premium payments up 56%: Report

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Mutual fund investments surged 86% in FY24, while insurance payments grew 56%, a recent report from Razorpay revealed. Additionally, trading saw a 62% jump in value, according to the report.

Razorpay, an omnichannel payments and banking platform for businesses, analysed over a billion transactions processed on its platform between April 1, 2023, and March 31, 2024, to derive these insights.

According to the report, these findings suggest the emergence of a more mature India, one that actively seeks to balance present-day expenditures with future financial security.

The report also highlighted other notable trends of the last financial year.

Indians displayed a growing emphasis on holistic wellness, with spending on dieticians increasing by 125%, and a significant rise in transactions related to health coaching and preventive healthcare products.

Furthermore, the data revealed a continued enthusiasm for travel and entertainment, with increases in payments for air travel, travel accommodations, multiplex transactions, and ticket sales for cinematic experiences.

Education also emerged as a priority, with growth in e-learning, distance education, and payments to vocational schools, Razorpay said.

Razorpay also pointed out specific days that stood out in terms of consumer spending patterns, such as April Fool’s Day, Dhanteras, and significant sporting events like the World Cup 2023.

ALSO READ | Mutual fund assets surge 35% to ₹53.4 lakh crore in FY24, flexi cap category leads growth

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Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Max Life Insurance AUM crosses ₹1.5 lakh crore for the first time

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Max Life Insurance has crossed the ₹1.5-lakh crore mark in assets under management (AUM) as of March 31, 2024. This reflects a growth rate of over 20% year-on-year.

The company has seen a 1.5x increase in AUM since September 2021, the company said in a statement.

The growth in AUM can be attributed to Max Life’s customer-centric approach, robust distribution channels, and continuous product innovation, supported by a tech-first strategy, the company said.

According to public disclosures, Max Life’s gross written premium grew by 16% to ₹18,793 crore in first nine months of FY24, with renewal premium increasing by 12% to ₹11,823 crore.

The total annual premium equivalent (APE) witnessed a growth of 23% to ₹4,561 crore.

The company’s claim settlement ratio for the period of 2022-23 stands at impressive 99.51%.

Max Life Insurance Company Limited operates as a joint venture between Max Financial Services Limited and Axis Bank Limited, with Max Financial Services Ltd being a part of the Max Group.

ALSO READ | Insurance regulator lowers moratorium and pre-existing condition waiting periods: How will policyholders benefit?

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Insurance regulator lowers moratorium and pre-existing condition waiting periods: How will policyholders benefit?

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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The Insurance Regulatory and Development Authority of India (IRDAI) has announced key revisions to health insurance regulations. Among these changes, the pre-existing condition (PED) waiting period has been trimmed from four years to three, while the moratorium period has been lowered from eight years to five.

From a customer standpoint, shorter waiting periods translate to reduced uncertainty and quicker coverage for illnesses or claims against them.

This waiting period refers to the duration during which policyholders are not eligible to claim benefits for any pre-existing health conditions they might have during the purchase of the insurance policy.

This move comes as a boon for health insurance buyers, as it addresses a prevalent concern regarding coverage for existing health issues.

Siddharth Singhal, business head of health insurance at Policybazaar.com, highlighted its positive impact on consumer confidence.

Moreover, any disease or condition diagnosed up to 48 hours before purchasing the policy is considered a pre-existing illness, according to IRDAI guidelines.

Additionally, the shorter moratorium period is poised to support customer trust in health insurance policies.

Previously, IRDAI stipulated that once premiums had been paid continuously for eight years, insurers were obligated to pay all claims as per the policy limits. In instances where claims exceeded policy limits in multiple policies, policyholders could select the insurer from whom they wished to claim the remaining amount.

With the recent revision, this period for insurers to pay all claims as per policy limits has been reduced from eight years to five years.

This means that now, policyholders who have paid premiums continuously for five years will be entitled to have all their claims paid by the insurer up to the policy limits.

ALSO READ | How to convert your existing physical insurance policies to electronic format?

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Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

7 in 10 opt for cost-effective health insurance in FY24: Key things to note when buying ‘no-frills’ policies

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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As healthcare expenses continue to rise, the demand for affordable health insurance has witnessed a surge, with 7 in 10 individuals opting for cost-effective coverage in the financial year 2024, according to a recent survey by Policybazaar.

The data, collected from health insurance policies sold during FY24, sheds light on the evolving preferences of consumers, particularly among the elderly age groups.

Out of the total customers opting for affordable plans, 60% are first-time insurance buyers.

Notably, individuals aged 55 and above constitute the largest percentage of affordable health insurance buyers, accounting for 34% of the total, closely followed by the age group of 41-55 at 29%.

An interesting trend observed is the reduction in co-payment among senior citizens, with at least 25% choosing to eliminate it entirely.

Traditionally, co-payment was mandatory for those entering plans after the age of 60 to keep premiums low. However, many plans now offer the option to reduce co-payment to 0% by paying an additional premium.

Additionally, 60% of affordable health insurance buyers opt for at least one rider while purchasing any plan.

Policyholders typically opt for a minimum sum insured of ₹5 lakh, with popular choices ranging between ₹5 to 7 lakh. Furthermore, 15% of customers have also opted for the ‘Preferred Hospital Network’ option, allowing for up to a 15% discount on the premium, Policybazaar report said.

Commenting on the rise in affordable insurance plans, Indraneel Chatterjee, Co-founder of RenewBuy said “The demand for affordable health insurance is progressively growing from smaller towns and cities, where almost 700 million people are still under-insured. Rising medical inflation and the prevalence of lifestyle diseases are significant reasons for this growing demand.”

Understanding affordable health policies

Affordable health insurance plans typically offer coverage for medical expenses incurred due to hospitalisation, surgeries, doctor consultations, and sometimes even outpatient services, depending on the plan.

One can also refer these plans as “no-frills insurance plans.”

In the context of health insurance, “no-frills insurance plans” would emphasise affordability and simplicity, offering basic coverage without the added benefits that might be found in more comprehensive or expensive plans.

However, amidst the affordability, there are certain considerations consumers should bear in mind:

Waiting periods: Most health insurance plans have waiting periods for pre-existing diseases, maternity benefits, and certain specific treatments.

Sub-limits: Some policies impose sub-limits on certain medical expenses like room rent, doctor’s fees, etc., which may not cover the full cost of treatment.

Exclusions: These health insurance plans may not cover certain pre-existing conditions, cosmetic treatments, alternative therapies, and other specific exclusions mentioned in the policy document.

Co-payment: Some policies may require the insured to bear a certain percentage of the claim amount, known as co-payment, which increases the out-of-pocket expenses.

Renewal age limits: Certain plans may have age limits for renewal, especially senior citizen health insurance policies.

Network hospitals: Coverage is often limited to a network of hospitals enlisted by the insurance provider, restricting the choice of healthcare facilities.

Before purchasing affordable data insurance, it’s essential to carefully review the policy, understand the coverage, exclusions, and limitations.

Additionally, comparing different plans and considering factors like claim settlement ratio and network hospitals can ensure a well-informed decision aligned with one’s needs and budget.

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Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

How to convert your existing physical insurance policies to electronic format?

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

Listen to the Article (6 Minutes)

The Insurance Regulatory and Development Authority of India (IRDAI) has mandated that all new insurance policies issued from April 1, 2024, be in electronic form. Under this directive, policyholders can access their insurance documents digitally, with physical copies available only upon request.

This initiative mirrors the system of holding shares in digital form within a demat account.

Similar to how investors open demat accounts to manage their shares, policyholders now need to establish an e-Insurance Account (eIA) to store and access their insurance policies electronically.

The transition to e-insurance promises an array of benefits for policyholders, ranging from heightened convenience to more security measures.

With all insurance policies eligible for electronic storage and accessible through an e-insurance account, managing insurance plans becomes more streamlined and efficient.

Furthermore, digitisation is expected to facilitate smoother communication between insurers and policyholders, thereby enhancing the claims settlement process and overall customer experience.

For policyholders looking to convert their existing physical policies into electronic format, the process involves these steps:

Fill conversion form

Policyholders are required to fill out a conversion form providing essential details such as the policyholder’s name, policy number, e-insurance account number, and company name.

Submission of form

The completed conversion form can be submitted along with the eIA opening form to the insurance branch or an approved person.

Confirmation

Upon successful conversion, policyholders receive confirmation via SMS and email, indicating the completion of the process.

It’s important to note that opening an eIA and converting policies incur no charges, and the physical policy certificate becomes invalid once the conversion is completed.

To initiate the process of opening an eIA, policyholders must download and fill the eIA form from their chosen repository and submit it along with Know Your Customer (KYC) documents, including a recent passport-size photograph, Permanent Account Number (PAN) card, proof of date of birth, identity proof, and address proof.

Once the application is received, it will undergo verification and processing, with the eIA becoming operational within seven days of submission.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

National Pet Day 2024: Insurance policies for your cats & dogs, coverage options and more

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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National Pet Day is celebrated on April 11 every year. For many, pets are not just animals but cherished family members, deserving of the best care and attention. However, as any pet owner knows, unforeseen medical expenses can quickly accumulate, leading to financial strain and emotional stress.

Recognising this need, HDFC ERGO General Insurance has unveiled a new solution — Paws & Claws, a comprehensive insurance plan tailored specifically for pet dogs and cats.

Paws & Claws aims to provide end-to-end pet care, covering everything from diagnostic procedures to medications.

This policy offers flexibility, allowing pet owners to include up to five pets under a single policy, with an option for commercial breeders to cover up to 10 pets aged between six months to five years, renewable for up to seven years.

While HDFC ERGO’s Paws & Claws stands out as a comprehensive option, several other insurance providers in India also offer various pet insurance policies.

Here are some insurance policies available for pets in India:

(Source: Policybazaar)

Parthanil Ghosh, President Retail Business at HDFC ERGO General Insurance, emphasised the importance of pet insurance for comprehensive medical care without financial worries.

He suggests that pet insurance is suitable for pet owners who seek peace of mind, knowing their pets are covered for medical expenses.

Vivek Chaturvedi, CMO and Head of Direct Sales at Digit General Insurance, breaks down the coverage options available under pet insurance plans:

OPD cover

An OPD cover aids in paying for expenses incurred at a veterinary clinic. There are various illnesses a pet can be susceptible to.

These include ear or skin infections, respiratory issues, infections due to common viruses, bacteria, parasites, among others. All such common illnesses may require pet owners to visit a vet clinic. Expenses occurring out of such visits can be met by taking an OPD cover.

Specific illness cover

Just like humans, a pet animal can also be prone to various serious illnesses, treatment of which could be expensive.

A specific illness cover can provide coverage to various ailments such as benign tumours, gall bladder stones, hepatitis, cataracts, among others. This also covers expenses related to diagnostic procedures, medications, chemotherapy, dialysis, blood transfusions, among other medical necessities.

Critical illness cover

One can also take a critical illness cover for pets to cover more serious illnesses and conditions.

Under this cover, the insurer pays up a lump sum amount up to the sum insured if the pet is diagnosed with any of the eight critical illnesses, including heart disorders, malignant tumours, renal or kidney failure, liver failure, cirrhosis, pulmonary fibrosis, and radial nerve paralysis.

The illnesses covered can vary from insurer to insurer.

Third-party liability cover

A non-health cover that is often available under a pet insurance cover is the third-party liability cover.

This cover serves to protect pet parents from any legal liability to pay for damages in case of any third-party civil claims of bodily injury or property damage resulting from any unruly behaviour of the pet.

Who should buy and how much coverage?

According to Chaturvedi, CMO and Head of Direct Sales at Digit General Insurance, as pets age, they may become prone to common diseases. So, opting for pet insurance coverage can mitigate the financial burden of health-related expenses.

“The sum insured may vary based on healthcare expenses in the city and the pet’s age. Typically, pet owners can secure coverage starting from ₹40,000, up to ₹1.5 lakh. However, this varies among insurers. It’s essential to note that the premium depends on factors such as the chosen plan type, pedigree, age, breed, and selected sum insured,” he told CNBC-TV18.com.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow