Get ready to shell out more premium for vehicle insurance. The Insurance Regulatory and Development Authority (IRDA) has proposed these hikes in an exposure draft on review of motor insurance premium rates for third party liability cover. The annual premium is set to go up as the … [Read more...] about Third party motor insurance premium rates set to rise
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ING launches Guaranteed NAV- ULIP Plan ‘Market Shield’
ING Life Insurance India today launched a new unique Unit Linked Insurance Product, which provides the customer the opportunity to participate in the equity market while protecting investments from its downside. Advantages of ING Market Shield Plan - Top-up Premium … [Read more...] about ING launches Guaranteed NAV- ULIP Plan ‘Market Shield’
Bharti AXA Life launches new whole life insurance plan – Aajeevan Anand
Bharti AXA Life Insurance today launched Aajeevan Anand plan that provides guaranteed regular of 25% of Sum Assured every 5 years, starting from the end of 10th year and life cover until the age of 100 years. What is whole life insurance? A whole life insurance policy covers … [Read more...] about Bharti AXA Life launches new whole life insurance plan – Aajeevan Anand
ING Life launches child plan – 'ING Aashirvad'
ING Aashirvad is a guaranteed child life insurance plan that pays out monies and helps you plan for the career and marriage of your children. In this plan the parent and child are the life insured/s during the policy term and once your child's future is adequately secured through … [Read more...] about ING Life launches child plan – 'ING Aashirvad'
Non-acceptance of Third Party Payments for mutual fund subscriptions effective November 15, 2010
As per guidelines issued by the Association of Mutual Funds in India (AMFI), mutual funds are required to put in place strong processes by November 15, 2010 to ensure that Third-Party payment instruments are not used for mutual fund subscriptions. When payment is made from a … [Read more...] about Non-acceptance of Third Party Payments for mutual fund subscriptions effective November 15, 2010
BajajAllianz launches health card to promote healthy lifestyle
The second largest general insurer Bajaj Allianz on Thursday launched a health card, JiyoFit, in association with Yes Bank, an initiative aimed to encourage customers to lead a healthy lifestyle. "Health insurance as a concept is associated with illness and hospitalisation. … [Read more...] about BajajAllianz launches health card to promote healthy lifestyle