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INSURANCE NEWS
New rule on market conduct does little to curb insurance mis-selling
Mon, Oct 21, 2019     Source : Mint
More than a decade ago, a senior citizen (then 64 years of age) bought a unit-linked insurance plan (Ulip) in anticipation of bumper market-linked returns on his investments with the added advantage of ins...
INSURANCE NEWS
Make sure insurance ads are clear, fair and not misleading: Irdai to firms
Mon, Oct 21, 2019     Source : Business Standard
The Irdai in a circular on 'insurance advertisements' has prescribed dos and don'ts for insurance companies to comply with.
INSURANCE NEWS
IRDAI tightens advertisement norms for insurers
Sat, Oct 19, 2019     Source : Business Line
The success of insurance sales' communication depends on public confidence and the faith they repose in the insurers, says the regulator.
INSURANCE NEWS
Concerns in covering alternative therapies in PM-JAY
Sat, Oct 19, 2019     Source : Business Line
Standardisation needed to include ayurveda, yoga, unani, siddha and homeopathy under Government’s cashless insurance scheme
INSURANCE NEWS
Health Insurance: Why you need a diabetes-specific health plan
Fri, Oct 18, 2019     Source : Financial Express
Another sad part of the story is that most people in India consider diabetes as an ailment with genetic predisposition and they rather fail to accept that over the years it has become a leading lifestyle d...
INSURANCE NEWS
Don’t forget to get an insurance policy for your second-hand vehicle
Fri, Oct 18, 2019     Source : Business Line
Buying a new policy makes more sense than getting it transferred from the first owner
INSURANCE NEWS
IRDAI issues circular on advertising rules for insurance companies
Fri, Oct 18, 2019     Source : Economic Times
Insurance buyers need to be aware that insurance companies are required to follow certain norms in advertising their policies.
INSURANCE NEWS
Monthly premium for health insurance now allowed: Can you claim after paying for 2 months?
Thu, Oct 17, 2019     Source : Economic Times
Till recently, health insurance policy premiums were only payable on annual basis.
INSURANCE NEWS
Why the slump in automobile sale hasn’t hit motor insurers
Wed, Oct 16, 2019     Source : Mint
The Insurance Regulatory and Development Authority of India (Irdai) on Monday released business figures which indicate a substantial growth in the premium income underwritten by general insurance companies...
INSURANCE NEWS
Life insurance: Private sector individual APE growth slows down in Sept
Tue, Oct 15, 2019     Source : Financial Express
Private sector players reported 3% y-o-y growth in overall APE in September 2019, with 3% growth in individual APE.
INSURANCE NEWS
LIC dominance of India's life insurance market nears three-fourth mark
Tue, Oct 15, 2019     Source : Economic Times
LIC registered a business growth of 18 percent in September against last year, and a very robust 42 percent in the first half of the financial year between April and September, the latest data released by ...
INSURANCE NEWS
Deposit insurance rates revised five times since 1961: a current 26-year break is the most extended lag
Tue, Oct 15, 2019     Source : Business Line
Took an average 1,425 days in 2018-19 between de-registration of a bank and claim settlement
INSURANCE NEWS
The menace of mis-selling in insurance and how to curb it
Mon, Oct 14, 2019     Source : Mint
The fact that life insurance policies are prone to mis-selling is now a well-documented fact, and with a fat commission structure that’s also front-loaded, intermediaries selling these plans have very litt...
INSURANCE NEWS
Irdai pulls up life insurers for under-reporting operating expenses
Sat, Oct 12, 2019     Source : Business Standard
The regulator, in 2016, had set a limit for managing expenses of life insurers
INSURANCE NEWS
Certain illnesses in 1st 3 months of health insurance policy to be treated as pre-existing disease
Sat, Oct 12, 2019     Source : Economic Times
A pre-existing disease is a condition, ailment or injury that already exists at the time you buy a health insurance policy.
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Sep 12 , 2018

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