Despite a large base, new business premia of life insurers increased by 18 per cent, indicating robust demand for life insurance
Aegon Life has launched a new website where consumers get to play ‘Game of Life’ to understand importance of insurance. Website also features unique tools to help select right policy cover.
A lot of life and health insurance players are looking to raise charges that are likely to be passed on to consumers. Higher premiums may mean profitability to insurers, but this could hit policyholders hard.
LIC has come out with a new pension plan that provides retirement income through purchase of an annuity upon completion of the policy term
Against 16,20,78,067 shares on offer, 29,08,27,860 bids were received, according to the data posted on stock exchanges at 7 pm.
Named Guaranteed One Pay Advantage, this policy has been designed keeping in mind hassle-free and one-time premium payment option for a non-linked non-participating savings-oriented insurance plan