Khuntia has vast experience across the agriculture, petroleum, human resource development, finance and railway ministries.
In some NULIPs you can increase or decrease the policy term, increase or decrease the premium payment term, choose to discontinue premium payment after 5 years and retain or reduce the original sum assured level.
Khuntia was the former chief secretary of Karnataka and has held several government positions.
The crop insurance scheme compensates farmers if any of the notified crops fail due to natural calamities, pests and diseases
The Emirates-based businessman has group company who has invested in the health insurer
The insurer's new business premium rose by 5 percent to Rs 833 crore in FY18.
Ask any insurance company executive and they will tell you that looking at quarterly profits is not the right way to measure their performance
The fine print may have more exclusions or limits in a cheaper variant as compared to a costlier one.
Agency channel is the primary source of distribution in insurance, accounting for almost 55 percent of sale of the total insurance policies in India.
The net premium income rose by 25.7 percent in the fourth quarter driven by new collections and renewals
Combined ratio, which is a measure of an insurance company’s claims performance, improved to 100.2 percent in FY18 as compared to 103.9 percent in FY17.
The annualised premium equivalent of the life insurer rose by 17.6 percent in FY18 to Rs 7792 crore
Value of new business (VNB) rose by 93.1 percent to Rs 1286 crore in Q4
When an individual decides to buy a term life insurance policy, his estimation of his insurance needs is also important
A standard motor insurance policy only pays the claim amount after deduction of depreciation on the part being replaced or repaired.
The chairman’s post has been lying vacant since the end of February 2018 after former regulator TS Vijayan’s tenure came to an end
As of March 31, there were 587 individual products and 189 group products available in the Indian market.
The private sector companies beat LIC in terms of growth in new premium collection
Santosh Agarwal – Head of Life Insurance, Policybazaar says the EEE tax structure applied on ULIPs makes it attractive with negligible charges
The online insurance broking firm said that it will use the funds to deepen their coverage in smaller cities
ULIPs are expected to maintain the uptrend, with more and more insurers innovating and finding the best investment proposition for their customers.
Rising medical cost could burn a huge hole in your finances. It is high time to look beyond health insurance cover bought by you or provided by your employer.
Insurers believe the annual premium for a Rs 2 lakh cover under Pradhan Mantri Jeevan Jyoti Bima Yojana is not sustainable
A report by Spark Capital said that they expect full year APE growth of HDFC Life to be ~35 percent year-on-year for FY18.
Sources told Moneycontrol that the foreign players are also open to approaching the finance ministry for a clarification