LIC of India launches Bachat Plus, may be taken to avail LTC Scheme benefit The Life Insurance Corporation (LIC) of India has launched Bachat Plus, a non-linked, participating, individual life assurance savings plan. By Amitava ChakrabartyMarch 15, 2021 22:19 IST
IndiaFirst Life considers premium hike amid rising claims ratio Amidst rising claims ratio and higher re-insurance cost, IndiaFirst Life Insurance is contemplating a hike in premium from the next… By PTIMarch 14, 2021 13:05 IST
Life Insurance: Pvt insurers see strong growth in premiums Individual APE for private players increased 23% y-o-y in February, higher than -7% to 15% y-o-y change since June By FE BureauMarch 12, 2021 01:45 IST
How much does a Rs 2 crore term insurance policy cost? It might be a better idea to buy a term insurance policy instead of traditional policies like endowment plans as… By Sanjeev SinhaMarch 11, 2021 11:01 IST
Cabinet clears amendments to Insurance Act for raising FDI to 74% Currently, the permissible FDI limit in life and general insurance stands at 49% with ownership and management control with Indians. By PTIMarch 10, 2021 22:01 IST
Max Life Saral Jeevan Bima – A standard term insurance plan that offers simplified financial protection The Max Life’s Saral Jeevan Bima plan offers a minimum sum assured of Rs 5 lakhs and a maximum sum… By Priyadarshini MajiMarch 10, 2021 17:57 IST
Your Queries (Health Insurance): Can’t pay full premium for policy renewal? Do this Renewal payment can’t be deferred by six months as grace period offered to renew a health policy is 30 days. By GuestUpdated: March 10, 2021 09:22 IST
Life insurance companies see 21% rise in new business premium to Rs 22,425 cr in February Life insurance companies registered a 21 per cent rise in new business premium to Rs 22,425.21 crore in February 2021,… By PTIMarch 9, 2021 16:04 IST
Insurance: Better resolution of policyholders’ complaints Insurance ombudsman rules have been amended to allow policyholders to lodge complaints digitally and ensure faster resolution By Saikat NeogiMarch 8, 2021 02:00 IST
Aegon Life Insurance launches Aegon Life Saral Jeevan Bima – Check Features Saral Jeevan Bima plans not only help improve insurance penetration but also its availability on digital platforms will help in… By Sunil DhawanMarch 3, 2021 17:48 IST
Deficiency in Insurance Services: Govt amends Insurance Ombudsman Rules for better resolution of policyholders’ complaints The amended rules have enlarged the scope of complaints to Ombudsmen from only disputes earlier to deficiencies in services on… By Sanjeev SinhaMarch 3, 2021 15:32 IST
IRDAI directs insurers to periodically notify health insurance policyholders In order to ensure flow of relevant information to policyholders, IRDAI has specified certain norms to be followed by insurers. By Sunil DhawanMarch 2, 2021 10:57 IST
Group and individual health insurance policies: Check out how they differ Group insurance policies have lower premium as compared to individual policies since they are standardized for the whole group with… By GuestMarch 1, 2021 13:50 IST
Private health insurers offering 80-100 pc discounts on renewal premia Aditya Birla Health will give a customer up to 100 per cent health returns if the insured earned enough health… By PTIFebruary 28, 2021 15:20 IST
Survey finds insurance as most preferred financial product to protect family post-COVID The survey was conducted on salaried, business and self-employed male and female in the age-group of 25-55 years through computer-aided… By PTIFebruary 28, 2021 12:15 IST
How health insurance can keep your financial planning journey on the track In your quest for financial independence, make health insurance your travelling companion. The plan would protect your finances and ensure… By GuestFebruary 27, 2021 15:30 IST
Insurance firms adapt to challenges posed by Covid: Irdai chief The regulator is of the view that insurance companies should be involved with policyholders throughout the policy and not just… By FE BureauFebruary 27, 2021 02:00 IST
Should youngsters, working couples buy term insurance plans? Providing financial security and safety to the dependents requires careful evaluation of the working years as well as of the… By Sunil DhawanFebruary 26, 2021 16:02 IST
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