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life insurance
Guaranteed returns along with life cover! Check interest rate and key details of Aditya Birla Sun Life Insurance's new launch
Wed, Jul 13, 2022
Aditya Birla Sun Life Insurance on Wednesday said it has launched a fixed-maturity plan offering returns of up to 6.4percentnt to compete with fixed-deposit products offered by banks.
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Commission paid to agents to be mentioned on insurance cover note - What IRDAI proposed
Tue, Jul 12, 2022
Insurance Policy Commission: In order to prevent misselling and increase transparency in insurance policies, the committee formed by IRDAI has proposed a proposal in which the commission paid to agents will be mentioned on the insurance cover note. A source tells Zee Business Anurag Shah.
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Money Guru: What is ‘Use and File’ In Insurance? Should You Invest In NFO Or Not? Expert Decodes
Thu, Jul 07, 2022
If the life insurance company sells health insurance, the scope will increase. Use and file does not include individual pension product. Customers will get more options in life policy from use and file. New types of products will come according to the needs of the customers. Invest in NFO by looking at the target and portfolio. One can diversify portfolio from closed ended fund in NFO. NFO offers an opportunity to invest in new and innovative strategies. Invest only if the portfolio suits you: Venkatesh Naidu, CEO, Bajaj Capital Insurance Broker and Pratibha Girish, Founder, Finwise
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What is Pradhan Mantri Jeevan Jyoti Bima Yojana know how you can get Benefits
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.
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Life insurers' new premium income up 3% to Rs 21,957 cr in January, IRDAI data shows
Tue, Feb 08, 2022
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
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Economic Survey 2022: Covid brings life insurance penetration in India to global levels; industry logs Rs 628,731 crore premium income in FY21
Mon, Jan 31, 2022
India’s insurance penetration stood at 4.2 per cent as of 2020 and has seen a steady rise since 2001, when it was at 2.71 per cent, according to Economic Survey 2022, released on Monday.
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Aapki Khabar Apka Fayda: Why is there discrimination in getting a term insurance?
Wed, Dec 29, 2021
Term insurance plan is very important to protect loved ones in bad times. But an interesting case has come to the fore in the investigation of Zee Business, people are being discriminated against in getting term insurance, watch this report to know more
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Postal Life Insurance Scheme: Get assured benefits of Rs 5 lakh under Yugal Suraksha - Know age limit, policy details here
Tue, Dec 14, 2021
The individuals looking for a couple life insurance must be aware of the Yugal Suraksha scheme from India Post. A maximum of Rs 50 lakh is assured under this scheme.
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Online sale of term life insurance products gains traction: Max Life
Fri, Oct 15, 2021
Online sale is gathering momentum in the life insurance sector with one out of five term products being bought directly by customers are online rather than from agents and advisers, according to a Max Life Insurance senior official.
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LIC's Jeevan Shiromani Plan: Get minimum basic sum assured of Rs 1 crore; check benefits and other details
Wed, Oct 13, 2021
As per the information provided by LIC, Jeevan Shiromani is a limited premium payment money back life insurance plan with minimum basic sum assured of Rs 1 crore especially designed for targeted segment of high net-worth individuals.
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EPFO EDLI Alert – EPF account holders get Rs 7 lakh cover under EDLI scheme; file EPF/EPS e-nomination ONLINE to take advantage – HERE is how to do it
Mon, Aug 23, 2021
Big news for the account holders of the Employees' Provident Fund Organisation (EPFO). The retire fund organisation has increased the maximum assurance benefit under the ‘Employees’ Deposit Linked Insurance’ (EDLI) scheme up to Rs 7 lakhs this year in June. The increase in cover amount was done on 28th April 2021. Earlier it was Rs 6 lakh
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ICICI Prudential Life, HDFC Life, Max Finance, Tata AIA, Bajaj Allianz, Birla Sun Life - Private players' Individual WRP grows 3%
Mon, Jan 11, 2021
Motilal Oswal highlights that Individual weighted received premium (WRP) for private players (ICICI Prudential Life, HDFC Life, Max Finance, Tata AIA, Bajaj Allianz, Birla Sun Life) in Insurance space grew 3% YoY in Dec’20 (v/s a 7.1% YoY decline in Nov’20), in line with the industry, which poste
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PFRDA announces standard insurance term plan; Check out all the benefits here!
Fri, Oct 16, 2020
Zee Business was the first to inform its readers and viewers that the Insurance Regulatory and Development Authority (IRDAI) is introducing a standard term policy plan and the regulator has announced the Standard Term Plan or ‘Saral Jeevan Bima’. Different companies will have different term life insurance plans
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Life insurance buying tips: Planning to get a policy for yourself? Know these important Dos and Don’ts
Thu, Jul 16, 2020
Don’t forget to review your insurance policy from time-to-time: If you have a policy, you must consider reviewing it from time to time. The requirements may not remain same at all times. If you are planning to buy one, know your requirements and risks. It is also important to be clear about what you are getting from your policy
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EPFO Rules: Want to pay your insurance premium but short on cash? Get it from here!
Tue, Jun 30, 2020
Are you worried about cash as your insurance premium payment date is approaching? Don’t worry as Employees’ Provident Fund Organisation (EPFO) can do this for you. As per the Employees’ Provident Fund Scheme, 1952, account holders can pay premium due on a life insurance policy - taken by the member on his own life - financed from his EPFO account
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