Page 60 of Insurance

Currently, the permissible FDI limit in life and general insurance stands at 49% with ownership and management control with Indians.

The Max Life’s Saral Jeevan Bima plan offers a minimum sum assured of Rs 5 lakhs and a maximum sum…

Renewal payment can’t be deferred by six months as grace period offered to renew a health policy is 30 days.

Life insurance companies registered a 21 per cent rise in new business premium to Rs 22,425.21 crore in February 2021,…

Insurance ombudsman rules have been amended to allow policyholders to lodge complaints digitally and ensure faster resolution

Saral Jeevan Bima plans not only help improve insurance penetration but also its availability on digital platforms will help in…

The amended rules have enlarged the scope of complaints to Ombudsmen from only disputes earlier to deficiencies in services on…

In order to ensure flow of relevant information to policyholders, IRDAI has specified certain norms to be followed by insurers.

Group insurance policies have lower premium as compared to individual policies since they are standardized for the whole group with…

Aditya Birla Health will give a customer up to 100 per cent health returns if the insured earned enough health…

The survey was conducted on salaried, business and self-employed male and female in the age-group of 25-55 years through computer-aided…

The regulator is of the view that insurance companies should be involved with policyholders throughout the policy and not just…

Providing financial security and safety to the dependents requires careful evaluation of the working years as well as of the…

Before choosing the right insurance policy and covers, there are a few important things that need to be kept in…

In life insurance, one-on-one interaction is still an integral part of the sales process even for term assurance and guaranteed…

Bajaj Allianz Life Insurance on Wednesday launched an insurance plan offering a guaranteed regular deferred annuity during the post-retirement life.