Birla Sun Life has launched two term plans - BSLI Protector Plan and BSLI Protector Plus Plan. These term plans has an option for insured to hike their sum assured over a period. Customers, who opt for an increase in sum assured, will have the option of increasing it by 5 per … [Read more...] about Birla Sun Life launches Term Plans – Protector Protector Plus
Life Insurance
Bharti AXA Life launches – 'Monthly Income Plan'
Bharti AXA Life has launched money-back plan - 'Bharti AXA Life Monthly Income Plan'. Sailent Features of 'Bharti AXA Life - MIP' - 1- Guaranteed Monthly Income Guaranteed Monthly Income after the completion of the Premium Payment Term, until maturity, provided the policy is … [Read more...] about Bharti AXA Life launches – 'Monthly Income Plan'
SBI Life launches Variable Insurance plan- Flexi Smart Insurance
SBI Life has launched a variable plan - 'Flexi Smart', which aims to provide stable returns to investors. Flexi Smart Plan would give investors an option to change the sum assured and flexibility of premium payment and interim and additional interest rates. Salient Features of … [Read more...] about SBI Life launches Variable Insurance plan- Flexi Smart Insurance
Tata AIG Life launches IInd 'InvestAssure Apex Supreme Plan'
Tata AIG Life Insurance has launched the second series of its 'Tata AIG Life Insurance InvestAssure Apex Supreme ULIP Plan'. Tata AIG Life Insurance InvestAssure Apex Supreme is a 5-year limited-pay plan with a policy term of 10 years and comes with the benefit of Guaranteed … [Read more...] about Tata AIG Life launches IInd 'InvestAssure Apex Supreme Plan'
IDBI Federal launches Termsurance Seniors Insurance Plan
IDBI Federal launches medical tests free - Termsurance® Seniors Insurance Plan for seniors, which can be bought after the age of 50, with premiums as low as Rs. 100 per month. The plan can be bought by those up to the age of 85 years and comes with a no-questions-asked, … [Read more...] about IDBI Federal launches Termsurance Seniors Insurance Plan
File your insurance complaints online with IRDA’s IGMS
What is IGMS? The Integrated Grievance Management System(IGMS) facilitates online registration of policyholders’ complaints and helps track their status. How do you use IGMS? A policyholder can make optimum use of this system by giving accurate information about the … [Read more...] about File your insurance complaints online with IRDA’s IGMS
IRDA releases draft IPO Guidelines for Life Insurance Companies
IRDA has released a draft IPO guidelines for Life Insurance Companies. When can Life Insurers apply for an IPO? 1. Only on completion of 10 years from the date of commencement of operations by the Insurer or such other period as may be prescribed by the Central Government. 2. … [Read more...] about IRDA releases draft IPO Guidelines for Life Insurance Companies
Tata AIG Life launches – 'Gyan Kosh'
Tata AIG Life Insurance Company Limited launches of 'Gyan Kosh', a non-participating unit linked endowment insurance plan. This plan comes with in-built benefits to ensure financial protection of one’s goals for children’s education, important milestones of life like marriage, … [Read more...] about Tata AIG Life launches – 'Gyan Kosh'
How to check LIC policy’s ‘Surrender Value’ and ‘Loan Eligibility’ online?
How to check the 'Surrender Value' and 'Loan Eligibility' of your LIC policy online? 1. Visit licindia and register as a new user. If you are already registered login here 2. Login to your account and click “Enrol Policies” in the left menu. 3. Click “Click to Enrol New … [Read more...] about How to check LIC policy’s ‘Surrender Value’ and ‘Loan Eligibility’ online?
IRDA imposes penalty of 5 lakhs on Six General Insurers
Insurance Regulator, IRDA, imposed a penalty of Rs 5 lakhs each on six general insurers - National Insurance Company, New India Assurance Company, ICICI Lombard, IFFCO Tokio, Royal Sundaram Alliance and Bajaj Allianz General Insurance Company, for appointing various outfits of … [Read more...] about IRDA imposes penalty of 5 lakhs on Six General Insurers