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  Life insurance companies register 11.4 pc growth in premium income in FY20

  Business | April 27, 2020 16:08 IST

  India's life insurance companies clocked 11.36 per cent growth in their collective premium income at Rs 48.26 lakh crore during the fiscal ended March 2020, data from Irdai showed. The 24 life insurance companies' collective premium income stood at Rs 43.33 lakh crore during fiscal year 2018-19.

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  Are you LIC policyholder? Important! Life insurance policy rules to change from today

  Business | February 02, 2020 8:57 IST

  LIC policy new rules: Life insurance policy will witness changes in rules from today as new guidelines for unit-linked insurance plans (Ulips) and traditional life insurance policies will come into effect. The Insurance Regulatory and Development Authority of India, (IRDAI), has instructed the insurers to make changes in Ulips and traditional life insurance policies.

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  Want to buy life insurance policy? Here's why waiting till December 1 is a good idea

  Business | November 27, 2019 14:28 IST

  Life insurance distributors are pushing their policyholders to buy more policies before November 30, 2019, as the Insurance Regulatory and Development Authority of India (Irdai) life insurance product guidelines will come into force from December 1 onwards. This means insurers will withdraw non-compliant products before that.

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  Max Bupa launches solely online insurance scheme

  January 22, 2013 16:58 IST

  New Delhi, Jan 22: Insurance firm Max Bupa on Tuesday launched its Health@Companion insurance scheme online to reach customers in smaller cities and towns.The product can only be bought online and would help the company