General Insurance Council, the industry body representing non-life insurers, plans to create a common empanelment platform for hospitals to simplify and boost the cashless claims process.
The Life Insurance Corporation of India has announced in a public notice that it does not charge any penalty if a customer fails to update the KYC details in a life insurance policy. Advisory comes in wake of fake social...
Dematerialisation of insurance policies will streamline access, support, as well as expedite claims by collating all information of all insurance policies of an individual – life, health, travel, motor and group at one...
There are several myths associated with the term insurance plan. Knowing them is important to make a wise choice for yourself and your family. Read on to find more.
Care Health Insurance’s new product Care Supreme eliminates any sublimit on treatment or technology used, with unlimited recharge of the sum insured for treating the same illness.
Dematerialisation or ‘Demat’ allows a policy holder to create a portfolio of insurance policies and store them in an electronic form with an insurance repository
The Department of Financial Services has received complaints that fraudulent and unethical practices are adopted by banks and life insurance companies for procuring policies from the bank customers, a letter addressed to...
The newly-launched savings plan offers survival benefit in the form of regular income for a fixed period of time, along with death benefit
An unemployed student is an unlikely candidate for a life insurance policy. But given that nowadays many of them go abroad for higher studies, a life...
Though the growth in the total number of policies sold jumped 32 per cent, the growth in premium collection was just 4.15 per cent, shows data released by...
The Irdai Chairman said all these initiatives will help in furthering the goal of insurance penetration and reaching out to more and more people
This comes days after Insurance Regulatory and Development Authority of India (Irdai) extending similar relaxations to health insurance products as well as...
