Car insurance policies can be divided into two categories on the basis of insurance coverage – a. Third-party Liability Car Insurance b. Comprehensive Car Insurance Who is third party? As per insurance terminology, the first party is the insured person or the owner of the … [Read more...] about What is covered in ‘Third Party Liability’ car insurance?
IDBI Federal Life Insurance launches ULIP – Wealthsurance Dreambuilder
IDBI Federal Life Insurance launches new ULIP called Wealthsurance Dreambuilder Insurance Plan. Wealthsurance Dreambuilder Insurance Plan offers various investment options as per the needs of customer depending upon his or her risk appetite. For instance, conservative customers … [Read more...] about IDBI Federal Life Insurance launches ULIP – Wealthsurance Dreambuilder
Irda issues draft ALM stress testing norms for insurers
IRDA has laid down draft framework for asset liability management (ALM) and stress testing to guard investment activities of insurance companies against fall in the equity market and movement in the interest rate market. Irda has asked insurers to submit investment details in … [Read more...] about Irda issues draft ALM stress testing norms for insurers
IndiaFirst launches Money Back Health Insurance Plan
IndiaFirst Life Insurance has launched Money Back Health Insurance Plan. The plan would offer health cover as well as savings option to the customer. How does IndiaFirst’s Money Back Health Insurance Plan will work? A part of the premium, depending on the age and health of … [Read more...] about IndiaFirst launches Money Back Health Insurance Plan
IRDA issues new grievance redressal guidelines to insurers
The Insurance Regulatory and Development Authority (Irda) has issued grievance redressal guidelines for insurance companies, which needs to be implemented from August 1. Insurance companies should also have a system and procedure for receiving, registering and disposing of … [Read more...] about IRDA issues new grievance redressal guidelines to insurers
Sebi : MF investors to pay Rs. 100-150 fee to invest
SEBI announced new guidelines for the mutual fund industry. New investors will now have to shell out an additional Rs 150 for investment of Rs 10,000 and above in mutual funds, while the existing investors will be charged Rs 100 as transaction fees. SEBI had banned the entry load … [Read more...] about Sebi : MF investors to pay Rs. 100-150 fee to invest
Travel Insurance – If something goes wrong on holiday, what should you do?
Policy Coverage Always check your policy document so you know what’s covered and what’s not, and be sure to declare any pre-existing conditions beforehand in proposal form. Take photocopies of Important Documents Take photocopies of important documents, such as your … [Read more...] about Travel Insurance – If something goes wrong on holiday, what should you do?
Aviva Life introduces Dynamic P/E fund option for ULIP
Aviva Life Insurance has launched its 9th fund, called Dynamic Price/Earning Fund. The new fund is based on the simple mantra of encashing investments when the market is on high and buying when the market is low, thereby maximizing opportunities for the customers in the long-run … [Read more...] about Aviva Life introduces Dynamic P/E fund option for ULIP
Future Generali simplifies Motor Insurance claims with – Future Xpress and Future Xpress+
Future Generali has simplified Motor Insurance claims process with - Future Xpress and Future Xpress+. The company has introduced Future Xpress schemes initially in Chennai and Mumbai and Future Xpress+ in Ahmedabad, Kolhapur, Hyderabad, Bangalore and Trivandrum of the 47 … [Read more...] about Future Generali simplifies Motor Insurance claims with – Future Xpress and Future Xpress+
How to buy car insurance online?
What is online insurance buying? As the name suggests, online insurance buying is buying insurance online . Online insurance buying is as easy as paying your utility bills online, booking a ticket through a travel portal or doing internet banking. If you can do the latter, the … [Read more...] about How to buy car insurance online?