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
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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'
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'
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