New India Assurance to launch product for builders

The New India Assurance Company Ltd (NIAC), is ready with its new product of Title Insurance covers for the benefit of builders and developers, a top company official said today.

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Accidental insurance for Railways passengers: How you benefit by buying tickets online from IRCTC

Are you aware that the Indian Railways provides accidental insurance to its passengers and what is the procedure?

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Insurance companies to focus on IPOs, consolidation in 2018

More insurance companies are expected to hit the capital markets next year after successful IPOs of five insurers.

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Why Q4 sees highest insurance policy sales, explains ex MD and CEO of SUD Life Kamalji Sahay

The last quarter is always the most productive for the life insurance sector because during this quarter all concerned work hard to accomplish their respective targets and the potential buyers see lon

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Life insurance policy information, knowledge still low in India, says Aegon’s Martijn De Jong, reveals next growth area

Slowly but surely, Indian customers are becoming ready for disruptive technologies that are making its way into the Indian financial space, including insurance.

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Insurance: Business momentum persists

Most players remained strong except Max Life and ICICI Prudential Life, both up just about 10% — we don’t read much into this moderation. Private players’ broad focus on agency expansion remaine

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Mediclaim: Health insurance with IVF and fertility insurance plan available; see how

It is prudent to have a health insurance plan for your family.

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Health insurance policy: 5 amazing advantages that should make you buy mediclaim now

Following are five major advantages of purchasing a health plan

Health insurance, Health insurance policy, health plan News

Panel suggests host of changes in life insurance sector

A committee constituted by the Irdai has suggested host of changes in the life insurance sector, including in the investment norms to improve the returns generated by the funds.

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Life insurers’ new premium up 6% in November at Rs 16,995 crore

The first year premium of the life insurance companies grew by a marginal 5.8 per cent to Rs 16,994.95 crore in November, data from Irdai showed.

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Apollo Munich eyes 30 per cent growth in FY18 premium collection

Apollo Munich Health Insurance today said it expects 30 per cent growth in the premium collection to Rs 1,700 crore by the end of the current fiscal against Rs 1,300 crore in FY17.

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LIC’s H1 income grows 13 pct to Rs 2.22 lakh crore

Life Insurance Corporation of India (LIC), the country's largest life insurer, on Tuesday reported a 12.56% growth in its gross total income for the six months ending September 2017 to Rs 2.22 lakh cr

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Aadhaar number LIC linking fraud is happening via SMS! Here’s what policy holders must not do to save their money

BEWARE! This fraud is taking place by means of SMS. Fraudsters are cheating customers in the name of linking Aadhaar number with LIC insurance policies.

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IndiaFirst Life starts micro-cover plan

In a first, IndiaFirst Life Insurance—a joint venture between Bank of Baroda, Andhra Bank and UK-based Legal and General—on Monday launched a bespoke micro insurance product, mainly targettng cust

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Are you LIC policy holder? Your money may be lost if you don’t read this important notice

Reading this may save you from a big loss. LIC of India has issued an important notification. The notice by LIC has been issued so as to save their customers from fraudulent activities.

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Medical policy: How to pick the perfect health plan; 5 amazing points to know

Every health plan has a sum insured limit which you are required to decide, on the basis of your health condition, at the time of buying a health plan.

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New India Q2 net soars threefold to Rs 748 crore

The gross written premium was Rs 6,489.15 crore, a growth of 12.18% compared to Rs 5,784.61 crore during the same quarter in the previous financial year.

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Aadhaar-Insurance Policies Linking: How to do it and what will happen if you don’t do it?

Aadhaar, Insurance Policies Linking: In a communication to all life and general insurance companies, IRDAI said the rules have statutory force and as such they have to implement them without awaiting

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Home insurance policy: Why you must buy one fast; 4 must-know points

With overall non-life insurance penetration standing at just 0.7% in India, it is not surprising to see a dismal contribution made by home insurance.

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Can group medical insurance cover be converted into individual policy on retirement? Find out

Yes, you can continue by converting your group health insurance into individual policy only with the same insurer.

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You have car, bike or other vehicle but no insurance? Here is what Modi govt is doing to track you

If you have a car, bike or any other vehicle but no insurance, then this is a must-read for you.

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Will insurance plans change to better suit buyers’ long term interests? All you want to know

LIC and other major players have to lead insurers in asset management techniques, product development and cater to those who depend on insurance for meeting their long-term needs.

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Ulips among most demanded insurance scheme amid young recruits; check how it gained ground over mutual funds

Almost 90% of our young new recruits said they would be investing in unit-linked insurance plans (Ulips).

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Car insurance: What does zero depreciation offer cover? Find out here

The unique feature of a zero depreciation cover is to extend complete protection without any co-pay options. Zero depreciation cover is only offered to vehicle with a certain threshold that considers

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Insurance sector undergoing disruptions, trend to accelerate: Report

The insurance industry in the country is undergoing multiple disruptions in its functioning and the trend will accelerate in the future, a report says.

Insurance News

You can get no-claim bonus even if you change your insurer

– Manohar Bhat I am not satisfied with the services of my car insurer. If I change the insurer, will I get no claim bonus? – Ajit Pillai Yes, when you change your car insurer, you will be ent

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Why you must buy cancer insurance: These 3 reasons can save your life and money too

If you are the only breadwinner in your family, then you shouldn’t think twice before investing in a good insurance plan that covers you against life-threatening diseases such as cancer.

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