You don’t need to do anything for this free Travel Accident Insurance (free travel accident insurance cover of up to Rs 10 lakh), it’s automatic. While booking a train ticket online via IRCTC, the option to choose travel insurance will be pre-select by default. After buying the … [Read more...] about How to get Free IRCTC Travel Accident Insurance Policy?
Following withdrawal of legal tender character of old Rs. 500 and Rs. 1,000 denomination notes from November 9, government has put restrictions on cash withdrawals from banks and ATMs. People are facing cash crunch, so IRDAI has asked life insurance companies to provide an … [Read more...] about IRDAI – Policyholders get 30 days more to pay premium
OCARE has launched first ever Dental Insurance Product in India. Dental Insurance is a Group Insurance product, which offers a sum assured of Rs 25,000/‐. Coverage: OCARE Dental Insurance provide following coverage: 1. Covers pre‐existing conditions 2. No waiting period 3. … [Read more...] about OCARE launches Group Dental Insurance product in India
Bajaj Allianz has launched a new car insurance program named Drive Smart. Drive Smart is a telematics (long-distance transmission of information). Drive Smart will decide the price of insurance renewal premium based on your driving habits. This is a new way of motor insurance … [Read more...] about Bajaj Allianz launched a new Car Insurance – Drive Smart
1. New health protection scheme will provide health cover up to One lakh per family. For senior citizens an additional top-up package up to 30,000 will be provided. 2. General Insurance Companies owned by the Government to be listed in the stock exchanges. 3. Exemption of … [Read more...] about Budget 2016 – Changes to Insurance Industry
General 1. Implementation of Direct tax code has again been deferred and won’t be applicable from 1st April, 2012. 2. Service tax rate increased from current 10% to 12%. This would mean life insurance premium will go up. Life Insurance Currently it is necessary that in … [Read more...] about Budget 2012 – Changes to Insurance Industry
One out of every four people do not think that life insurance is important, reveals an IRDA sponsored study. Salient Points of Study 1. The study also suggested that private sector and the government should work together in Public-Private Partnership (PPP) mode to enhance … [Read more...] about IRDA Study : One out of every four people don't think that life insurance is important
ING Life Insurance has launched three new traditional products - ING Secured Income Insurance Plans, ING STAR Life and ING Critical Illness Riders. ING Secured Income Insurance Plans There are two new endowment plans available under ING Secured Income Plans - 1- Secured … [Read more...] about ING Life launches 'ING Secured Income', 'ING STAR Life' 'ING Critical Illness Riders'
Reliance Life Insurance launches traditional money back plan - "Guaranteed Money Back Plan" How does Reliance Life's Guaranteed Money Back Plan work? The Life Insured would receive 15% of the Sum Assured at the end of every year in the last 4 policy years before maturity and … [Read more...] about Reliance Life launches – 'Guaranteed Money Back Plan'
Bharti AXA Life Insurance has launched online term insurance product - Bharti AXA Life iProtect. Features of iProtect 1- Affordable life insurance premium rates 2- Life Insurance Benefit 3- Reward for non-smokers, premium discounts on the term insurance policy 4- Hassle … [Read more...] about Bharti AXA Life launches online term plan 'iProtect'