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Lic finds difficult to manage and grow policyholders
In the year before, in FY11, the total inflows into policyholders account had stayed stagnant, with a nominal 0.2 per cent increase, while the total outflows from it had shot up by 35.7 per cent, on a YoY basis. More >>
No better change on ulip after cost caps
Latest draft of product design has been proposed to IRDA that bring cheer to prospective policyholders. More >>
The Government of Meghalaya has launched the universal medical health insurance for all residents of the State. More >>
Lic will insure aadhar holders
The strong insurance player Life Insurance Corporation (LIC) aims to provide insurance to Aadhar holders. Government’s Aadhar programme which aims to provide unique ID to 120 crore odd population. More >>
International travel insurance product by icici lombard
Private non-life insurer ICICI Lombard added International Travel Insurance product to its Travel Insurance category. The policy offers coverage to individuals up to 85 years of age without medical check-up. More >>
First minimum monthly premium plan by bajaj allianz
Bajaj Allianz Life Insurance private insurance company launched a new unit linked endowment plan - Life Assure Insurance Plan that offers the benefit of protection along with financial planning. More >>
Immediate annuity plan from hdfc life
HDFC Standard Life Insurance Company Ltd (HDFC Life) will launch an immediate annuity plan in December, a top company official has said. More >>
Irda make insurance policies more investor friendly
The Insurance Regulatory and Development Authority (IRDA) is looking at making insurance policies more investor-friendly by introducing tax exemptions on insurance policies.While IRDA is still considering a proposal by Life Insurance Corp to link tax relief to the term of the life insurance policy, More >>
Get the best out of your insurance policy
Its not easy when someone in the family expires. Its even worse when one has to go through complicated procedures to claim the sum assured. No wonder, most complaints filed with the Insurance Regulatory and Development Authority (IRDA) are to do with late settlement of death claims. More >>
India first focus on health and pension plans
IndiaFirst Life Insurance Company expecting its new business premium to touch Rs 1200 cr in this financial year on health and pension products and enhanced channel distribution. Last year in 2010-11 the company recorded new premium income of about Rs 980 cr in the challenging economic environment. More >>
Kotak mahindra launches assured protection plan
Kotak Mahindra Old Mutual Life ( Kotak Life Insurance) launched the Assured Protection Plan for long term protection against major eventualities besides lump sum benefit at the end of policy term. More >>
Idbi federal life launches suvidha savings insurance plan
Private insurer IDBI Federal Life Insurance today launched 'Suvidha Savings Insurance Plan' that is affordable plan with no medical tests and simple documentation More >>
Religare plans quiet entry into health insurance
Religare Enterprises is all set to buck this trend with its new health insurance business. It has decided to roll out its first health insurance product in a day or two but the full-fledged operations will start in the last quarter of this calendar year. More >>
Life insurance products may go missing from oct
Come October, the life insurance industry may be left with only a handful of products, as the regulator wants companies to refile all existing products according to its new product design guidelines. More >>
Cbse launched a new website for academics
CBSE launched a new website (www.cbseacademic.in) for academics More >>
Calcutta university admissions to ug courses starts from june 28
Admissions for UG courses in all affiliated colleges of Calcutta University will start from 28 June after the declaration of the result of higher secondary examination. More >>
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