Mobile-only insurance could be a reality in coming years.Imagine if an insurance agent comes to your home and suggests a insurance policy which is suitable for your needs.And after the payment a unique identity number …
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Which insurance policy suits for you and your family ?
The basic need for taking the insurance policy is protection.There are many products available in the market for the policy holder to use it as a long term savings and a wealth- creation. Nowadays,it is …
Continue readingInsurance claims crosses Rs 2,000 Crores due to the effect of Cyclone Fani.
After the cyclone Fani effect, Insurers are sending their surveyors to the affected regions in odisha and some regions of West Bengal. Cyclone Fani had made a huge damage in several areas of odisha reporting …
Continue readingHow to Choose Term Insurance Plan
According to recent survey conducteed by Max Life Insurance and Kantar IMRB only 45% of well educated and tech savvy people aged 25-35 have heard of pure protection term plans and barely 17% bought such …
Continue readingLIC Continues to be the Leader with 77 Percent Total Market Share
Life insurers reported a growth of 22.6 per cent in first year premium collection for the period ended March 2016 as compared to same period last year, shows data released by IRDA. Individual non-single premium …
Continue readingIndiafirst Life Insurance expects 30 percent growth in Next Financial Year
IndiaFirst Life Insurance which is a joint venture of Bank of Baroda , Andhra Bank and Legal & General, announced that it is targeting Rs 10,000 crore of assets under management (AUM) in the 2015-16 …
Continue readingIndians invest more in Bank Deposit Gold Real Estate and less on Equity Products
Indians invest more in Bank Deposit Gold Real Estate and less on Equity Products According to study more than 64 percent of Indians are still risk averse and prefer traditional insurance covers over ULIPs (19%), …
Continue reading30 percent claims in PMJJBY launched by Modi in 2015
More than 30% life insurance claims in a social security cover that Prime Minister Narendra Modi launched in 2015 were made within the first 30 days of a person joining Pradhan Mantri Jeevan Jyoti Bima …
Continue readingHunter Fraud Management Services for Life Insurance Sector in India
Experian India announced the launch of Hunter Fraud Management Services for the life insurance sector in India. This offering will help life insurance companies to be a part of the Hunter Closed User Group (CUG) …
Continue readingAxis Bank Bought Stake in Max Life Insurance
Axis Bank has Bought 4.99% stake in Max Life Insurance for Rs 95.75 Crore. India’s 3rd largest private lender now owns 5.99% stake in Max life Insurance. Axis Bank bought 3.99% stake from Max Financial …
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