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Indiafirst Life Insurance

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Insurers likely to further tighten underwriting norms for term plans

Come October, life insurers may have to tighten their underwriting standards further for retail term plans at the behest of one of the largest reinsurers in the Indian insurance market, Munich Re.......

Life insurers shell out crores as Covid-19 death claims

As of March 25, life insurers have paid Rs 1,986 crore towards 25,500 Covid death claims. Illustration: Dominic Xavier/Rediff.com Life insurers, 24 in total, have spent crores on Covid-19 death......

Pay life insurance premium in advance and get a discount

The discount should be equal to interest rates on savings bank account deposit of State Bank of India. Illustration: Uttam Ghosh/Rediff.com Soon, you can pay your insurance renewal premium in......

Saral Jeevan Bima, a standard life product launched

The Saral Jeevan Bima product to be offered by all life insurance companies will be a non-linked non-participating individual pure-risk premium life insurance plan. Illustration: Uttam......

Insurers, MFs worried about impact of Sitharaman's tax 'sop'

While the proposed new tax regime is optional for taxpayers, the finance minister has said the government eventually wants to do away with all exemptions with a lower tax-rate simplified structure.......

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