Insurance companies always insist on an advance receipt from the insured. This gives them full and final discharge to coerce an insured into unconditionally accepting whatever is offered to him.

Full and final settlement?

Business Standard

Star Union Dai-ichi (SUD) Life Insurance Co Ltd, a joint venture of public sector Bank of India and Union Bank of India and Japanese insurance firm Dai-ichi Life Insurance Company, is looking at expanding its presence in south India by opening area offices for back-end support to its customers.

SUD Life looks to expand in south india

I have heard that those who drink and/or smoke have to pay a higher premium. I drink once or twice a week (around 180 ml a week) and smoke occasionally.

Life Insurance: Deepak Sood

Though they come at a cost, buying them with the insurance policy can make a lot of sense.

Riders make your claims easier

Despite the proposals in the new Direct Taxes Code (DTC), which are expected to hit the industry, and flat growth in renewal premiums, life insurance companies are looking at growth of 10-15 per cent in the current financial year. The life insurance industry had recorded growth of eight per cent last year.

Life insurance firms eye 10-15% growth in 2011-12

Star Union Dai-ichi (SUD) Life Insurance Co Ltd, a joint venture of public sector banks Bank of India and Union Bank of India and Japanese insurance firm Dai-ichi Life Insurance Company, is looking at expanding presence in South India by opening area offices for back end support to its customers.

Star Union Dai-ichi to widen presence

Free looking period and fund switches can help you pick the best and save more for the long term.

Use benefits to make most of Ulips

My wife and I are planning an international holiday next month.

General Insurance: Gaurav Garg

A special Central Bureau of Investigation judge in Bhopal on Tuesday sentenced one year rigorous imprisonment and a fine of Rs 1,000 to an ex-branch manager of United India Insurance, A K Jain for taking bribe of Rs 20,000 in a vehicle theft claim settlement case. Allegedly, the accused was caught red-handed while taking bribe from the complainant, one Mohammad Sajid of Bhopal, for settling a theft claim of his Toyota Qualis.

Insurance official sentenced in bribe case

Uncertainty continued to loom over the appointment of the chairman of Life Insurance Corporation (LIC) of India, the country's largest life insurance company.

D K Mehrotra appointed LIC's interim chairman

To issue biometric cards to 50 million people every year for the next four years.

LIC to offer UIDs to 40 mn policyholders this year

Bargaining on the cover premium can lead to lower value of your car.

Motor insurance discounts can land you in trouble

Diwali, the festival of lights, brings a smile to everybody&rsquo;s face. There are bright lights, brighter clothes and to top it all, fire crackers. But on the flip side, a little error in dealing with the lights and fire crackers can cause a lot of anguish. And sometimes, damage to oneself, neighbours and property, as well.

Cover for the festive fever

The group insurance scheme was introduced by the Centre for the landless agricultural labourers.

LIC for higher premium for Aam Aadmi scheme

Companies expect sales to pick up only in December-January.

Life insurers' net up on cost cuts, lower new business

Sequoia Capital to invest Rs 160 crore in holding firm to bypass 26% FDI rule.

Star Health promoters to dilute stake

Take into account current and future family expenses, inflation, investments and sum assured of existing policies.

Cover calculation

After life insurance products, the sector&rsquo;s regulator is now turning its attention to unit-linked insurance products (Ulips) that guarantee the highest net asset value over its term. Two life insurance companies that have filed for Ulips guaranteeing such NAVs have been questioned by the Insurance Regulatory &amp; Development Authority (Irda).

NAV-guaranteed products under Irda scanner

A comparison of hospitalisation cash and pure medical insurance plans.

Fixed cash policy: Not comprehensive enough

Bharti AXA General Insurance Limited, a joint venture between the Bharti group and AXA, is set to launch six more retail products in health, motor and travel insurance segments over the next six months.

Bharti AXA to launch 6 products

Life Insurance Corporation of India (LIC) brought down the cumulative &lsquo;notional loss&rsquo; in three of its pension plans by around five per cent from Rs 14,000 crore in the year ended March 2010, a senior LIC official said today.

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