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Read the fine print before accepting insurance policy
The purpose of which is to protect the interests of the customers. If you are not satisfied with the terms of the policy, then you can cancel the poli
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What has IRDA changed health cover holders in new rule?
Deadline for claim settlement, discounts in premium, easy cancellation. It's all there in the new rules.
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IBAI moots several proposals
IBAI proposed initiatives to IRDAI for enhancing insurance awareness, developing innovative products, and fostering career opportunities in the insura
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IRDA wants health claims paid in 3 hrs
Regulator wants settlement times to be brought down and cashless claims are honoured, leading to 100% cashless claim settlement
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LIC mulling health insurance entry
LIC’s move comes against a backdrop of the policy proposal to allow composite insurance companies in this domain
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IRDA mandates rural play for insurance cos
Each insurance company will be given a target to cover minimum gram panchayat. The market share of the insurance company can be used as the basis for
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Variable annuity plans to hit the market
Insurance companies can offer variable annuity plans that guarantees a minimum annuity amount. Annuity products for both group and individuals will ha
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Smart ULIPs now come with several advantages
How are the new ULIPs for investment, how different are they from the old ULIPs? Let us understand.
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Putting Insurance First
Often added to one’s financial portfolio as a tax-saving tool or because it was recommended by someone, life insurance is a less understood financia
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Irda eases surrender value rules
IRDA has recently implemented new rules for surrender of life insurance policies. The new rules are partially better than the previous rules for the p
