An insurance broker or corporate agent/agent, web aggregator or insurance marketing firm etc. are recognised as intermediaries in the insurance industry.
The company's agency channel has become one of the the fastest-growing channels with a 23% year-on-year growth in December. The company added over 3,000 agents in the month alone.
The group has recommended inserting a fifth section to motor insurance called "Traffic Violation Premium" in addition to motor own damage insurance, basic third party insurance, additional third party
The IRDAI has directed all insurers to ensure that reimbursement claims under a health insurance policy should be settled as per the terms and conditions of the respective policy contract.
Union Budget 2021 Expectations for Insurance Sector: A relook at GST on term, pension and annuity products is needed even as tax deduction for life insurance premium should be made available under the
Budget 2021 Expectations for Insurance Industry: While most lenders force the borrowers to insure the assets, purchased on loan for financial security, relaxations in taxes may make people take insura
Consumer surveys and sales data this year show that the pandemic has rapidly raised public awareness about both health risk and insurance in India – and insurance purchases are shifting rapidly to o
Standard Fire Insurance: The Insurance Regulatory and Development Authority of India has issued guidelines to insurers to offer three standard products covering the risk of fire and allied perils from
Instanda CEO and Founder Tim Hardcastle said the partnerships play a key role in the insurance industry, not merely for the growth and expansion of the business involved, but also for the transformati
If you’re looking to purchase a term insurance plan, here are the approximate annual premium costs for policies with a sum assured of Rs 1 crore currently being offered by 21 insurers in our country
Never mix your insurance needs with your investment needs. If you are buying an insurance policy only to save taxes, there is a strong chance it will be a costly mistake in the long run
To encourage individuals to continue their risk cover amid the coronavirus pandemic, LIC on Thursday launched a campaign where lapsed policies can be revived.
The regulator said the Standard Fire and Special Perils (SFSP) Policy will be replaced by the three standard products -- Bharat Griha Raksha, Bharat Sookshma Udyam Suraksha and Bharat Laghu Udyam Sura
Union Budget 2021 expectations for health, life insurance: In the wake of COVID-19 pandemic, the insurance sector is hopeful that Finance Minister Nirmala Sitharaman will announce measures that will h