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INSURANCE NEWS
After all the noise, traditional insurance still isn’t customer-friend
Tue, Jul 23, 2019     Source : Mint
Other than reasons of lack of transparency and complicated structures, a high exit load—charge levied for early exit—is what makes traditional bundled life insurance plans the least favourite among financi...
INSURANCE NEWS
IRDAI relaxes repayment terms in suicide cases within 12 months
Tue, Jul 23, 2019     Source : Financial Express
Earlier, in case of the policyholder's death by suicide, during the first year of policy issuance, there were no regulatory provisions for any refund to a policyholder
INSURANCE NEWS
Home to car to health insurance: How to be monsoon-ready
Mon, Jul 22, 2019     Source : Mint
Monsoons have almost reached the length and breadth of the country.
INSURANCE NEWS
Private insurance firms got Rs 46 crore premium in 2 years
Mon, Jul 22, 2019     Source : Economic Times
While the national transporter bore the insurance premium till August 31, 2018, the cost was transferred to passengers since and the premium was revised to Rs 0.49 per passenger in Oct 2018.
INSURANCE NEWS
DHFL crisis: Insurers seek Irdai nod to be part of inter-creditor agreement
Fri, Jul 19, 2019     Source : Business Standard
Sources say that insurance companies have already held preliminary talks with Irdai on the matter
INSURANCE NEWS
SBI General Insurance net falls to Rs. 75 crore
Fri, Jul 19, 2019     Source : Business Line
SBI General Insurance registered a drop in net profit at Rs. 75 crore for the quarter ended June 30, 2019, compared to Rs. 113 crore in the same period a year ago.
INSURANCE NEWS
Premium income of non-life insurers falls marginally to Rs 12,937 crore in June
Thu, Jul 18, 2019     Source : Financial Express
On a cumulative basis, the premium of all non-life insurance companies rose 9.91 per cent to Rs 41,063.61 crore during April-June period of 2019-20.
INSURANCE NEWS
Are insurtech users compromising on their data privacy for convenience?
Thu, Jul 18, 2019     Source : Mint
"Let’s chat insurance," prompts the chatbot of an emerging insurtech, offering bite-sized, customized insurance plans.
INSURANCE NEWS
IRDAI may relax rules for pension plans & ulips, make surrenders easy
Wed, Jul 17, 2019     Source : Economic Times
Now, minimum sum assured on death can be seven times the annualised premium.
INSURANCE NEWS
Why you should not expect your insurance policy to make money for you
Tue, Jul 16, 2019     Source : Mint
I am really upset that I paid the premiums on my term plan for 20 years and I am not even dead!" I stared unbelievingly as I heard X utter these words.
INSURANCE NEWS
Cost of early exit from life insurance may cost a little less, but will still hurt
Tue, Jul 16, 2019     Source : Mint
The cost of ditching your bundled insurance plan—traditional policies that club investment with insurance—is high and, according to the new product regulations notified on 10 July 2019 , will continue to h...
INSURANCE NEWS
Life insurance can be a good investment bet in BFSI space, says expert
Tue, Jul 16, 2019     Source : Business Standard
Strong individual business growth and market share gains are positives
INSURANCE NEWS
5 Factors to consider while buying a new car in India
Tue, Jul 16, 2019     Source : Economic Times
Buying a car is one of the most crucial decisions that we make.
INSURANCE NEWS
Factors that may hike your insurance premium
Mon, Jul 15, 2019     Source : Mint
At some point in your life you will buy an insurance plan.
INSURANCE NEWS
Life insurance: High individual premium drives growth for private insurers
Mon, Jul 15, 2019     Source : Financial Express
The company has increased focus on ULIPs in the past two years. Its ticket size in individual non-single segment was up moderately by 13% y-o-y/m-o-m.
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Sep 12 , 2018

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