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Agents often influence customers into buying new products every year instead of continuing with their existing policies
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The new Insurance Bill may be implemented in 2015.
Group policies are more suitable for diabetics; these are negotiable & flexible.
After its successful launch of telecom business, Reliance is likely to revive its plans to foray into yet another green-field area -- life insurance -- by March this year.
The FIPB rejected two proposals -- Nigeria's Mokeme Chiwetal Izuchukwu and Lanarth Developers Pvt Ltd.
The amount for which free check-up is offered can be quite low, while in some policies it comes only after a considerable waiting period.
Insurance Regulatory and Development Authority has permitted Sahara Group to enter life-insurance segment, and issued 12 letters of intent to insurance broking entities, including three having foreign equity stake, to conduct business in India.
By April, operational guidelines for the scheme will be finalised and shared with states
According to Section 80D, the premium paid for medical insurance is deductible from your income up to Rs 15,000 a year
While there has been a rise in obesity reduction surgeries, it may still take time before health insurance cover is made available for these.
Some insurance companies offer zone-based pricing.
The three PSU insurers managed a meagre 2-4 per cent growth in business and eroded their market shares, while private players grew by 70 per cent to grab over 14 per cent of the general insurance market during 2003-04.
Industry favours a hike in foreign direct investment cap, a single regulator for insurance and pension sector and long-term debt papers among other reform measures to boost growth in the insurance segment, a FICCI survey said on Tuesday.
Educate yourself about your car insurance policy's terms and conditions before buying or renewing it, suggests Animesh Das, head of product strategy, ACKO General Insurance.
Ambani said, in the telecom space, the focus will be on debt reduction, and the virtual merger did away with the need for major capex and will help towards this
This October it would be three years since the first set of private companies were issued underwriting licences by the Insurance Regulatory and Development Authority.
"India's middle class, small traders and farmers are the lifelines of its economic growth. By catering to these ambitions #Budget2019 infuses hopes for millions of dreams."
The railways is expecting a revenue of Rs 1,84,820 crore during the current financial year (FY17).
The biggest surprise for customers, at the time of claiming, is the fact that they will get only depreciated value of the product.
The new service tax of 14% will jack up costs of shopping, travel, insurance premiums and property purchases
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