Both public sector and private sector players saw a healthy growth in new premiums.
The proposed premium rates have been kept lower for small cars not exceeding 1000cc at Rs 1850 compared to last fiscal’s rate, which stood at Rs 2055. Under this scenarios, consumers will now save Rs 205 this year.
Not only are the tax structures different, entry and exit rules for the products differ as well.
The fourth quarter usually accounts for the largest chunk of new business premium for life insurers.
Only for bikes exceeding 350cc will there be a significant pinch from motor third party premium increase
Following are the five best health insurance policies in India that you can consider for yourself or for the protection of your family.
Canara HSBC Oriental Bank of Commerce Life Insurance operates a pure bancassurance model and has access to around 115 million customers.
PE-VC firms, unlike others, invest in companies with healthy business prospects and exit when the returns do not correlate to the investments.
The insurance payout enables family members of the deceased to sail through financial uncertainty and carry on with their lives.
The incumbent Puneet Satyawadi will take over as the Chief Operating Officer of JLT Americas
Even if IRDAI allows genetic diseases to be included in coverage, premiums will be very high in initial stages
He has been been appointed for a period of two years.
Pay less premium on your insurance policy and create lakhs of wealth, if you quit smoking!
Moneycontrol has attempted to demystify this debate for you in this guide on ULIPs vs. mutual funds.
Insurers and brokers said that banks need to take atleast covers that are five to ten times their current limits.
As internet adoption continues to rise in the country, it has become vital for insurers to embrace technology and provide enhanced services in the auto insurance industry.
Currently, tickets booked for events online cannot be cancelled by customers.
Cyber risk is now consistently rated as one of the top threats to businesses today as companies increasingly face new vulnerabilities due to exposure, including first and third party damages.
The best way to buy health insurance for parents, is by including them in the group health insurance provided by your employer.
In the current race, industry chiefs and bureaucrats are in tough competition to sit on the pedestral to lead the insurance sector
Touted as the first such reform globally, a repository aims to enable customers to have paperless policies.
While insuring a joyous occasion is still an afterthought, the youth of India is at the cusp of change to ensure financial security at every stage of life.
The Finance Ministry had in November invited applications to fill up the post of IRDAI chairperson, after Vijayan's term got over in February.
A note by Morgan Stanley had said that life insurance products, particularly Ulips (unit-linked insurance plans) could appear relatively attractive from a medium- to long-term perspective.
A nominee is just the receiver of the money. He has to eventually hand over the monies to the legal heirs.