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).
Oct 20, 2017
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
Oct 18, 2017
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.
Sep 24, 2017
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
Sep 12, 2017
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.
Aug 28, 2017
Individuals, marketing companies to soon be part of Irdai database
The Irdai-backed central database unveiled recently will shortly bring individual agents as well as insurance marketing firms under its ambit.
Aug 27, 2017
General insurance companies register 9% growth in July
Compared to the first three months of the current financial year, when the growth was in double digits, sales slowed down in July largely due to negative growth in three large public sector insurers.
Aug 15, 2017
Insurance policy: Here is how you are now protected even more
Irdai has ordered insurance companies to mention important policy conditions like guaranteed surrender value, types of bonuses to be declared, details of revival schemes in the policy document itself.
Aug 15, 2017
General Insurance Corporation of India files draft papers for IPO
General Insurance Corporation of India (GIC Re) on Monday filed a draft red herring prospectus (DRHP) for an initial public offering (IPO) with the Securities and Exchange Board of India (Sebi).
Aug 08, 2017
Birla Sun Life Insurance MD Pankaj Razdan explains why insurance is very challenging
The business of insurance allows me to deal with people either as customers, employees, distributors or advisers.
Aug 08, 2017
Irdai working with government to create a simple platform for KYC
Insurance Regulatory and Development Authority of India (IRDAI) today said though Aadhar is not a mandatory requirement for Know Your Customer (KYC) in the insurance sector, it is the most simple form
Aug 07, 2017
How digitisation is helping insurance firms reduce the points of failure
As customers prefer instant solutions, digitisation has played a pivotal role. It is also making a noticeable impact in insurance.
Aug 07, 2017
Telematics can cut motor insurance cost for good drivers, says Irda
Motor insurance premium in future may be determined through black box-based real-time monitoring of driving habits, vehicle usage and even distances covered, as per a proposal mooted by regulator Irda
Aug 06, 2017
15 insurance companies offer products covering Ayush treatment
At least 15 insurance companies are offering products that cover various systems of AYUSH treatment, the government said today.
Jul 28, 2017
LIC aims new business on individual basis at Rs 38,000 cr in FY18
State-run insurance behemoth Life Insurance Corporation (LIC) has set a premium collection target from new business on individual basis at Rs 38,000 crore in the ongoing fiscal, a top official said.
Jul 26, 2017
FICCI launches insurance policy to promote use of ATA Carnets among start-ups and SMEs in India
Federation of Indian Chambers of Commerce & Industry (FICCI) in association with The New India Assurance Company Limited (NIA), Besso Limited (London Insurance Brokers) and JB Boda Reinsurance Brokers
Jul 20, 2017
Non-life insurers’ premium income grows 22% in Q1: Irdai
Thirty non-life insurers posted a 21.95 percent increase in their gross premium income to Rs 33,302.89 crore in the first three months of the current fiscal as compared to Rs 27,309.59 crore in the sa
Jul 10, 2017
Insurance sector needs comprehensive overhaul: Report
The insurance industry needs a comprehensive overhaul across segments to boost performance as compliance cost is high and regulatory policy is less development oriented, says a report by former Irdai
Jul 09, 2017
National Insurance gross premium rises 19% in FY17
State-owned National Insurance Company has recorded 18.8 per cent growth in gross premium collection at Rs 14,282 crore for the fiscal ended March 2017.
Jul 04, 2017
Health insurance: A defined benefit plan or indemnity based plan; which one you should opt for
Health insurance needs vary from person to person and largely depend on the age and lifestyle of the individual.
Jul 04, 2017
Irdai spent only 40 per cent of advertisement budget in 2016-17
Unable to spend even 50 per cent of earmarked funds for insurance awareness last fiscal, Irdai is looking for innovative methods to utilise this year's advertisement budget that has been raised to Rs
Jun 25, 2017
Why it is important to go for office package policy for insurance cover against all perils
If you want comprehensive fire policy for your office, you can look at office package policy. Such policies are designed to cater to all insurance requirements.
May 31, 2017
Irdai to modify insurance policy covers for shops, hotels
Regulator Irdai has proposed changes in fire and allied policy covers to increase insurance penetration for dwellings, offices, hotels and shops that suffer big economic losses due to natural calamiti
May 23, 2017
Here’s all you need to know about the taxability of life insurance policy payouts
The general public has a common notion that the premium paid towards life insurance policies is entirely free of tax.
Apr 14, 2017
Crisis insurance: How to protect yourself against natural disasters
As India is vulnerable to natural disasters such as earthquakes, tsunamis and cyclones, here are some insurance covers which you must have to protect yourself and family during any natural calamity.
Apr 12, 2017
Health insurance among women growing: Survey
Even as 95 per cent of women are aware of health and fitness, only 74 per cent go for a checkup when they are unwell, according to a recent survey.
Mar 27, 2017
Non-life insurers’ February premium up 33 per cent at Rs 10,287.74 cr
Non-life insurance companies' total premium grew 33.4 per cent to Rs 10,287.74 crore in February this year.
Mar 12, 2017
Seven things to do before rocking the OnePlus Music Festival
Too busy cooking your own Khayali Pulao? Here's what you might be missing out
Music For Never Settlers: Six Artists Who Will Rock the OnePlus Music Festival
Poisonous enough to choke - How are you planning on tackling the bad air this year?
Luxury and comfort in the lap of the sky; Godrej Nest Kandivali launches Sky Residences
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