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The regulator also said that from end-September, they would allow systematic withdrawal, a feature that would enable depositors to withdraw funds at pre-determined intervals from their National Pension System
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Insurance is also available with the train ticket for just 35 paise
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The road to getting your rightful claims, even if you have all your insurance papers and documents in place, is a long, arduous one
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The increase in demand for life insurance policies came mainly towards the end of the fiscal year, with private life insurance companies emerging as winners.
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The corporation has eased the process of claim settlement for the victims of the rail tragedy at Balasore
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Insurance regulator IRDA has received applications from 20 companies for approval. About a dozen of these insurance companies are expected to start business this year.
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There are now 25 companies in the life insurance business and 34 in the general insurance sector in the country.
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After two years of high claims, insurance companies are planning to raise premium rates this year. This means policyholders may have to pay more for premiums
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Effective April 1, 2023, IRDA has set a ceiling on the total expenditure an insurance company can incur while paying its agents and other service intermediaries.
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IRDA has instructed to cover the cost of surrogacy within its health insurance plans, a move that is expected to provide relief to thousands who are forced to choose surrogacy to rear a family
