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
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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'
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
Max New York Life Launches ULIP ‘Fast Track Plan’
Max New York Life Insurance has launched ‘Fast Track Plan’, a highly customizable unit-linked life insurance plan that offers consumers the opportunity to catch up on lost time for those life needs they may have de-prioritised for more immediate needs. Fast Track helps plan their … [Read more...] about Max New York Life Launches ULIP ‘Fast Track Plan’
Chola MS launches Individual Healthline and Chola Total Home Protect
Chola MS General Insurance launches Individual Healthline (IHL) and Chola Total Home Protect. Chola Healthline mediclaim even covers dental care and ayurvedic treatment under an ‘advanced’ option. IHL is India’s first health insurance policy to cover hospitalization for Ayurveda … [Read more...] about Chola MS launches Individual Healthline and Chola Total Home Protect
Tata AIG Life launches two new products – InvestAssure Gold Supreme Maximizer
Tata AIG Life Insurance launches two new products - Tata AIG Life Insurance’s InvestAssure Gold Supreme, a non-participating whole-life unit-linked insurance plan, and Tata AIG Life Insurance’s InvestAssure Maximizer, a non-participating endowment unit-linked insurance … [Read more...] about Tata AIG Life launches two new products – InvestAssure Gold Supreme Maximizer
LIC launches non-linked health insurance plan – Jeevan Arogya
LIC’s Jeevan Arogya plan offers comprehensive hospitalisation benefits for the whole family. A unique feature of this plan is that it also offers to cover the parents in-law of the principal insured besides spouse, minor children and parents. There is a provision for inducting … [Read more...] about LIC launches non-linked health insurance plan – Jeevan Arogya
Canara HSBC Oriental Bank of Commerce Life Insurance Launches Life Insurance Simulator
Canara HSBC Oriental Bank of Commerce Life Insurance Launches Life Insurance Simulator (LIS). What is Life Insurance Simulator (LIS)? LIS is an interactive financial need assessment software that takes the customer through a series of simple steps to assess the amount he … [Read more...] about Canara HSBC Oriental Bank of Commerce Life Insurance Launches Life Insurance Simulator
IDBI Federal Life launches 'IDBI Federal Retiresurance Milestone Pension Plan'
IDBI Federal Life Insurance has launched single premium pension product 'IDBI Federal Retiresurance Milestone Pension Plan'. Salient features of Retiresurance Milestone Pension Plan 1- Guaranteed Maturity Value 2- Guaranteed Loyalty Additions 3- Guaranteed and Special … [Read more...] about IDBI Federal Life launches 'IDBI Federal Retiresurance Milestone Pension Plan'