Fri, Apr 12, 2024
The newly appointed MD & CEO of Future Generali India Life Insurance expresses confidence in the company's progress towards the three-year goal of attaining a 15–18 per cent compound annual growth rate (CAGR). According to the MD, the company has reduced losses by 34–37 per cent and hopes of achieving a growth rate of 9 to 10 per cent compared to the previous year.
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Tue, Mar 26, 2024
Good news for life insurance companies, big relief from IRDAI to life insurers on surrender value, surrender value will be decided by the policy surrender period, know complete details.
Mon, Mar 18, 2024
The government increased the permissible FDI limit from 26 per cent in 2014 to 49 per cent in 2015 and then to 74 per cent in 2021, he told ANI in an interview.
Wed, May 11, 2022
PMJJBY is a one-year life insurance scheme renewable from year to year offering coverage for death due to any reason. Individuals in the age group of 18-50 years having a savings bank or a post office account can enroll under the scheme. People who join the scheme before 50 years of age can continue to have the risk of life covered up to age of 55 years upon payment of premium.
Tue, May 10, 2022
Did you know that every LPG customer automatically comes under an insurance cover? And they don't need to pay for the premium. Yes! This LPG gas insurance policy is an insurance policy made by Oil Marketing Companies (OMC). If a gas cylinder explodes customer can actually claim for compensation. Amount varies depending upon the situation. This applies to all customers of any of the oil marketing companies. Personal accident insurance: Rs.5 lakh per person, per event, in case of demise. Per event: Rs.50 lakh. Per person: Rs.10 lakh. Per year: Rs.100 crore.
Thu, Apr 28, 2022
Bajaj Allianz General Insurance Company reminds us why we need a health insurance policy covering all the nooks and crannies to secure us from future pandemics.
Wealth Guide: Family Health Insurance - Purchasing a family Health Insurance policy can be a difficult task. Hence, it is advised to consider a few factors that will help you choose the correct plan for your family.
Tue, Apr 19, 2022
"Home insurance covers all kinds of damages on the property and protects the owners against sudden losses occurred due to an array of threats like burglary, loss of valuable possessions and catastrophes like flood, earthquake or even fire."
Mon, Apr 11, 2022
According to LIC, LIC's Tech-Term is provides financial protection to the insured's family in case of his/her unfortunate demise.
Thu, Mar 31, 2022
A life insurance investment plan can help a working woman build a corpus to fund such dreams and ambitions.
Tue, Mar 22, 2022
Life insurance is one of the most important products an individual purchases to protect oneself and one’s family members from various uncertainties of life.
Wed, Mar 16, 2022
Most people are unaware of the fact that insurance policies can also help in saving taxes. Moreover, with the rising healthcare cost, everyone requires sufficient insurance cover or medical coverage.
Tue, Mar 08, 2022
"Financial independence for women can be viewed from two vantage points, a homemaker and a woman with a professional career."
“While your life insurance plan is active, you should be able to keep paying the premiums according to your schedule of payments as outlined in your policy document."
Fri, Feb 18, 2022
Insuremile has raised pre-seed funding of USD 35,000 from two Kolkata based investors with an aim to take insurance services to the hinterland while empowering over 200 million gig-workforce in the country
Thu, Feb 17, 2022
LIC IPO: The initial public offering of over 31.6 crore shares or 5 per cent government stake is likely to hit the D-street in March and employees and policy holders of the insurance behemoth would get a discount over the floor price.
Wed, Feb 16, 2022
As per the Draft Red Herring Prospectus (DRHP) filed by the Life Insurance Corporation of India (LIC), the unclaimed amount was at Rs 18,495 crore at the end of March 2021 and Rs 16,052.65 crore at the end of March 2020
Tue, Feb 15, 2022
Amid the much-anticipated launch of LIC IPO, questions are rife from LIC employees and policyholders about whether there will be any reservation, discount for them?
Fri, Feb 11, 2022
The insurance behemoth has issued a detailed press release in this regard. Here are top things a LIC policyholders must know in order to revive the lapse LIC policy:-
Tue, Feb 08, 2022
LIC IPO: The central government is expected to file draft papers for the mega IPO of LIC with market regulator Sebi this month.
Country's largest and the only state-owned insurer LIC registered a decline of 1.58 per cent in new premium income at Rs 12,936.28 crore in January 2022, as against Rs 13,143.64 crore in the same month a year ago
Wed, Feb 02, 2022
Budget 2022: Surety bonds could now be used for government procurements which augurs well for the insurance sector and infrastructure sector, Zee Business’ Anurag Shah reported. The announcement was made by Finance Minister Nirmala Sitharaman in her Union Budget 2022
Sat, Jan 29, 2022
Axis Securities believes that the government might provide further tax incentives to enable people to buy adequate health insurance which has gained importance amidst the pandemic. A separate bucket for investment in life insurance for tax rebates under section 80 (C) is expected, it observes
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