Heavy discounts in segments like group health will soon come under the scanner of Insurance Regulatory and Development Authority of India (IRDAI). With IRDAI asking insurers to maintain higher solvency for segments,such as like health …
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 readingOpening New Account in New Pension System is Easy in year 2016
Opening New Account in the New Pension System (NPS) was once considered an uphill task. Now it takes just 25-30 minutes. If you have an account in any of the 17 banks empanelled with the …
Continue reading60% Women in Gujarat suffer from Sexual Dysfunction
60% Women in Gujarat suffer from Sexual Dysfunction More than 60% women in Gujarat suffer from sexual dysfunction according to study conducted on 500 patients by gynecology department of Institute of Kidney Disease and Research …
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 …
Continue readingNew Jeevan Anand Plan no 815
LIC New Jeevan Anand Jeevan Anand is one of the most sold endowment plans of LIC, which provides Risk Cover even after maturity up to 100 years of age. LIC has launched New jeevan Anand …
Continue readingLife Insurance
Life insurance or life assurance, especially in the Commonwealth, is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money …
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