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insurance
IRDAI issues draft notification on rules limiting expenses of life insurance companies – details
Fri, Aug 05, 2022
The insurance regulator IRDAI has asked the life insurance companies to reduce their expenses and pass on the benefits to the customers. It has also made provisions to stop allowances of the top management of the companies in the event of a violation of the IRDAI rules mandating the limit of expenditure.
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1st company to introduce usage-based motor insurance in India - Edelweiss General Insurance launches Switch ‘Pay as you Drive’ add on
Fri, Jul 29, 2022
EGI had launched Switch 2.0 earlier this month, which is the only product in India that combines pay as you drive and pay how you drive benefits in the country, a statement said.
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Wealth Guide: Why insurance needs to be included in your yearly financial plan - Expert cites reasons
Wed, Jul 20, 2022
Wealth Guide: A couple of months into the new financial year, most of us would have an idea of our financial plans for the year and would look for various investment options and tools to build our investment portfolio.
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Corner Room Conversations: growth momentum in New Business Premium to continue over next quarters; not at expense of end users, HDFC Life CFO Niraj Shah says
Wed, Jul 20, 2022
Policy premiums have gone up twice in 18 months and it is unlikely that they would go up again at least in the foreseeable future, Niraj Shah, CFO at HDFC Life Insurance Company says
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Even businesses need security like life and health – how can it be protected, decodes expert – know details here
Sun, Jul 17, 2022
Commercial insurance secures businesses from financial losses arising due to an adverse event. It enables businesses to run their operations smoothly despite the disruption.
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3 Important things to remember while taking a Health Insurance policy
Fri, Jul 15, 2022
Health insurance policy is a very important financial inclusion, It’s not an option anymore. People often overlook the importance of a health insurance, until you spend all your savings and earnings in tough times. There are 3 important things to remember before taking a health insurance.
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IRDAI extends 'Use and File' for insurance products for agriculture and allied activities
Thu, Jul 14, 2022
Indian insurance regulator has extended the ambit of 'Use and File' procedure to products covering agriculture and allied activities, a press release issued by the Insurance Regulatory and Development Authority of India (IRDAI) said on Thursday
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Senior citizens tend to take more time to intimate insurance companies about claims and insurers
Tue, Jul 12, 2022
Senior citizens tend to take more time to intimate insurance companies about claims and insurers need to assist such people for filing promptly filing claims, according to a survey.
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Wealth Guide: National Insurance Awareness Day 2022: Significance, importance of 'Financial Security' - Expert explains
Tue, Jun 28, 2022
National Insurance Awareness Day 2022: "Once you are convinced that the plan chosen can take care of your “NEEDS” / “Requirements” and only then choose a right insurance policy which will give you the much required “Peace of mind” in all circumstances. So, choose wisely and make an informed decision today."
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National Insurance Awareness Day 2022: Survey studies awareness levels, purchase triggers of contemporary insurance products - What it found
Tue, Jun 28, 2022
National Insurance Awareness Day 2022: The results revealed a great market opportunity for a new-age product like cyber insurance, especially in tier- 2 & 3 cities.
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'Insurance Score' could decide premiums of your policies; move to reduce bogus claims - details here!
Tue, Jun 21, 2022
People seeking loans get them at lower interest rates if their CIBIL score is high. In a similar vein, an insurance score is also likley to see a light of the day soon. Insurance buyers will get benefits of lower premiums if there insurance score is good. Anurag Shah reports citing his top sources
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RBI MPC Policy: Banking, financial stocks gain on expected rate hike announcement, insurance stocks defy trend – SBI, BoB top gainers
Wed, Jun 08, 2022
With the Reserve Bank of India raising the key interest rate as expected, the rate-sensitive sectors, mainly banking and financials, gained immediately after the monetary policy announcement.
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