The company was demerged from the IIFL Holdings in 2016 and was listed on the exchanges in November 2017
Industry must contemplate and introduce innovative products that addresses the core needs of the customers to take care of their present as well as future healthcare financing needs.
Under this policy, the insurer will cover risks related to non-physical damage, such as insufficient amount of sunshine and its impact on the performance of the project.
Your life insurance policy can be your lifeline if you avoid these mistakes…
The perception of ‘old age’ in India is among the lowest globally. Indians prefer to work even in their retirement years, to stay mentally and physically active rather than for money.
The committee has recommended that in areas like aviation, marine hull, cyber risk and life insurance, there should be no order of preference.
In February 2016, Edelweiss Tokio Life Insurance received Rs 527 crore in capital from Tokio Marine, while also increasing its holding in Edelweiss Tokio Life Insurance from 26 percent to 49 percent.
The chairperson, according to the IRDA Act 1999, can hold office for a term of 5 years from the date on which he enters upon his office and or till 65 years of age.
The net proceeds from the fresh issue will be utilised for augmenting the solvency margin and consequently increase the solvency ratio
Tata AIA Life has been featured among Aon Best Employers for 2017 in India.
Three life insurance companies are listed on the stock exchanges currently
Insurance is EEE on taxation meaning the investment, accumulated returns as well as the withdrawal amount is not taxed.
At the time of purchasing a life insurance policy, customers can register for this mandate by sharing their bank details and Aadhaar number.
Rising medical treatment costs can shatter finances of families.
While a rider is just as good as buying a new policy, it usually is a very economical addition to get the maximum coverage from a plan.
Before purchasing a policy, you should calculate your total liabilities such as EMI for a home loan and other borrowings.
The product offers Rs 2 lakh to Rs 50 lakh, across only 4 variants.
The general insurance company has a major portion of the business coming in from motor.
Policyholder needs to call the helpline number or check the website of the insurer and have a check if there are any services or offers are covered under his or her health insurance plan.
Among other public sector general insurers, General Insurance Corporation of India (GIC Re) and New India Assurance are already listed on the stock exchanges. They had brought out their IPOs in the last few weeks.
The Max Bupa ATH machines will let customers initiate their health assessment, choose the right health insurance plan for themselves and walk away with the policy document within three minutes.
The customer's buying behavior for life insurance is influenced by many factors, premium is only one of them.
Industry-level frauds are in the region of about 10-15 percent of claims, of which a large chunk comes from motor insurance
To combat the gigantic costs of health treatments there is need to have a financial arrangement in the form of “Fixed Benefit Health Insurance Plans.”
IRDAI has not yet given a deadline for linking existing insurance policies with the Aadhaar number.