Page 62 - Insurance

Jan Dhan Yojana: Clarity awaited on insurance

So far, more than 25 million bank accounts have been opened under the Jan Dhan Yojana and all these individuals will be eligible for life covers of Rs 30,000 by LIC

Marketing, not FDI limit, important: Irda chairman

Irda chairman comments come a day before meeting of select committee of Parliament on Insurance Laws (Amendments) Bill, 2008

Bharti AXA Life launches Elite Advantage

Plan provides with guaranteed regular income payouts

With regulatory action rising, drug makers opt for larger covers

Stricter norms by the FDA will lead to higher compliance costs for Indian companies and it will remain high over the medium term

LIC seeks clarity on insurance under Pradhan Mantri Jan Dhan Yojana

LIC which will offer the cover holds meetings with finance ministry; decision on premium payment in next 2-3 days

LIC launches single premium policy

Jeevan Shagun offers multiple benefits

HDFC Life launches modified Health Assure Plan

Available in two variants, Gold Plan and Silver Plan

Insurers make unclaimed money info easier to access

Irda has said insurance companies would be required to display information about any unclaimed amount above Rs 1,000 on their websites

Reliance General Insurance to pay around Rs 35,000 to man

Ravinder Singhal had claimed co deducted money while paying bills for the repair of his damaged car

Jan Dhan cover: FinMin calls LIC top brass for meeting on Monday

LIC has been asked to submit details on structuring the Rs 30,000-life cover to be offered under the scheme

Banks face new consumer liability issue

Ganpati mandals in Mumbai secure bumper insurance

Estimates suggest coverage worth Rs 450 crore taken

Two-wheeler insurance policies to get cheaper, easier to buy

Irda has introduced long-term motor third-party insurance policy for two-wheelers, with a three-year term

Paperless insurance to gain traction

LIC is on board after tying up with all five insurance repositories; 1,50,000 e-Insurance Accounts opened across India till date

Irda asks insurers to display unclaimed amount info of above Rs 1,000

Policyholders would be given an option to check whether any amount is lying due with insurance co

Accident insurance cover for masses: A tough road ahead

The Pradhan Mantri Jan Dhan Yojana will provide accident insurance of Rs 1 lakh to all people who open bank accounts under this scheme

Irda allows insurers to invest in onshore rupee bonds of ADB, IFC

IFC had sent a representation to Irda to permit insurers to invest in onshore rupee bonds to be issued by it

Max Bupa to reduce exposure in group health portfolio

The insurer has introduced a new edition of its flagship product Heartbeat Health Insurance Plan, offering a comprehensive health insurance plan

State-run non-life insurers' unions seek merger of all 4 cos

These cos are New India Assurance (Mumbai), National Insurance (Kolkata), United India Insurance (Chennai) and Oriental Insurance (New Delhi)

IRS may launch health, motor insurance by December

At present, Insurance Repositoriesonly convert life insurance into e-insurance