DOCTRINE OF SUBROGATION

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Created on 29 January 2013 Last Updated on 14 March 2013 Published Date
Written by Bimabazaar- Adminstrator

Importance

Doctrine of subrogation is one of the most important ingredient and essential features of the principles of Indemnity, which, distinguish an ordinary commercial contract from an insurance contract. This is one of the additional features of contract of indemnity not found in other contracts.

Introduction

A contract of insurance is a contract of indemnity. Each and every contract of indemnity had the elements of subrogation, which is based on the fundamental principle that in case of loss, the insured shall be indemnified to the extent of loss and nothing beyond the loss.

Thus, the doctrine of subrogation is an automatic, inbuilt, inherent, implied and incidental to the principles of indemnity, applicable to all property and liability insurance but not applicable to personal accident and life insurance policies, since these are not contract of indemnity. Every rule of insurance law is adapted to carry out this fundamental rule.

Property and liability insurance are based on the principle of indemnity-an insured should not be allowed to profit from his losses. If an insured could sue and collect damages for a loss and collect insurance for the same loss, then the insured would profit from the loss.

Subrogation prevents this. Subrogation in insurance is the substitution of the insurer as a claimant for a loss suffered by the insured. Thus, the right to sue for the losses sustained by the insured is transferred to the insurance company, which can seek reimbursement for the payment to the insured from the party who caused the loss.

Concept

The loss/damage to the goods covered by a policy of insurance, may be caused either due to an act for which the owner (assured) may not have a remedy against any third party (as for example when the loss is on account of an act of God) or due to a wrongful act of a third party, for which he may have a remedy against such third party (as for example where the loss is on account of negligence of the third party).

In both cases, the assured can obtain reimbursement of the loss, from the insurer. In the first case, neither the assured, nor the insurer can make any claim against any third party. But where the damage is on account of negligence of a third party, the assured will have the right to sue the wrongdoer for damages; and where the assured has obtained the value of the goods lost from the insurer in pursuance of the contract of insurance, the law of insurance recognizes as an equitable corollary of the principle of indemnity that the rights and remedies of the assured against the wrong-doer stand transferred to and vested in the insurer. The equitable assignment of the rights and remedies of the assured in favour of the insurer, implied in a contract of indemnity, known as `subrogation', is based on two basic principles of equity:

  • No tort-feasor should escape liability for his wrong;
  • No unjust enrichment for the injured, by recovery of compensation for the same loss, from more than one source.

The doctrine of subrogation will thus enable the insurer, to step into the shoes of the assured, and enforce the rights and remedies available to the assured.

Origin

The term subrogation is derived from latin term sub (under) and rogare (to ask). The denovative sense has been transmuted from an asking under to a substitution or succession with respect to the right of payment.

Meaning

While, Universal Dictionary, provides the meaning of the word subrogation as 'The substitution of one person for another especially for one creditor for another', Legal & Commercial Dictionary, by A. N. Saha, 5th Edition, Eastern Law House provides the same as 'The substitution of another person in place of a creditor to whose rights he succeeds in relation to the debt.'

"Subrogation simply means substitution of one person for another; that is, one person is allowed to stand in the shoes of another and assert that person's rights against the defendant. Factually, the case arises because, for some justifiable reason, the subrogation plaintiff has paid a debt owed by the defendant."

Dan B. Dobb's Law of Contract (2nd Edn. - # 4.3 at 404)

Thus, in its literal sense, subrogation is the substitution of one person for another, however, so far as the insurer is concerned Subrogation means 'acquirement by underwriters on settling a loss of their rights and remedies of the insured in the thing insured. The term really means "standing in the shoes of another'.

Business terms and phrases and Abbreviations by D. W. Fiddes, 14th Edition, Pitman Publishing

The term `subrogation' in the context of insurance, has been defined in Black's Law Dictionary thus :

"The principle under which an insurer that has paid a loss under an insurance policy is entitled to all the rights and remedies belonging to the insured against a third party with respect to any loss covered by the policy."

The doctrine of subrogation confers upon the insurer the right to receive the benefit of such rights and remedies as the assured has against third parties in regard to the loss to the extent that the insurer has indemnified the loss and made it good. The insurer is, therefore, entitled to exercise whatever rights the assured possesses to recover to that extent compensation for the loss, but it must do so in the name of the assured.

Subrogation as defined under marine insurance act, 1963

Right of Subrogation' is statutorily recognized and described in section 79 of the Marine Insurance Act, 1963 as follows:

  • Where the insurer pays for a total loss, either of the whole, or in the case of goods of any apportionable part, of the subject- matter insured, the thereupon becomes entitled to take over the interest of the assured in whatever may remain of the subject-matter so paid for, and he is thereby subrogated to all the rights and remedies of the assured in and in respect of that subject-matter as from the time of the casualty causing the loss.
  • Subject to the foregoing provisions, where the insurer pays for a partial loss, he acquires no title to the subject matter insured, or such part of it as may remain, but he is thereupon subrogated to all rights and remedies of the assured and in respect of the subject 1 matter insured as from the time of the casualty causing the loss, in so far as the assured has been indemnified, according to this Act, by such payment for the loss".

Characteristics

The characteristics of subrogation are aligned with the principle and purpose of insurance, which is to cover losses suffered by the insured.

Every contract of Marine or Fire insurance is a contract of indemnity and of indemnity only, the meaning of which is that the assured in case of lose is to receive a full indemnity but is never to receive more. Every rule of Insurance Law is adapted in order to carry out this fundamental rule and if ever any proposition is brought forward the affect of which is adopted  in order to carry out this fundamental rule and if ever any proposition is brought forward the effect of which is opposed to this fundamental rule, it will be found to be wrong……. The doctrine in Marine Insurance Law of Constructive Total Loss is adopted solely in order to carry out the fundamental rule. It is a doctrine which is in favour of the assured, because where the loss is not an actual total loss but in what as a matter of business treated as equivalent to a total loss, this rule is adopted to carry out the fundamental doctrine and give the assured a full indemnity.

Grafted on this doctrine came the doctrine of abandonment, which is only applicable to cases of CTL and is introduces in favour of the underwriter so that they may have to pay no more than an indemnity. So it appears that these two doctrine were introduced in order to carry out the two limits of the fundamental doctrine, namely that the assured shall get a full indemnity and that he shall got no more. Castellain vs. Preston and others : (1881-5) All ER Rep 483  : (1883) 11 QBD 380CA

An assured under a policy insuring him against loss or damage to a chattel on being indemnified by his insurers for a loss he has sustained does not thereby loss his right of action against the wrongdoer who caused the loss. Under the doctrine of subrogation he must bring an action against the wrongdoer if he is called on by his insurer to do so and is indemnified against the cost. But it is his own cause of action not that of his insurer that he sue on as against the wrongdoer the insurer has no cause of action of his own. Hobbs vs. Marlowe (1977) 2-241 HL

Practice

Subrogation is an equitable assignment, is inherent, incidental and collateral to a contract of indemnity, which occurs automatically, when the insurer settles the claim under the policy, by reimbursing the entire loss suffered by the assured.

It need not be evidenced by any writing. But in practice, to avoid any dispute with the assured as to the right of subrogation and extent of its rights, the insurer usually reduce the terms of subrogation into writing  in the form of a letter of subrogation which enables and authorizes the insurer to recover the amount settled and paid by the insurer, from the third party wrong-doer as a subrogee-cum-attorney.

In India, insurance companies statutory corporations and banks use standardized forms to cover all types of situations and circumstances and several of the clauses in such forms may be wholly inapplicable to the transaction intended to be covered by the document. As a result of which many a times the subrogation is construed as an assignment of actionable claim.

Law is well settled to the effect that, when the insurer obtains an instrument from the assured on settlement of the claim, whether it will be a deed of subrogation, or subrogation-cum-assignment, would depend upon the intention of parties as evidenced by the wording of the document.

The title or caption of the document, by itself may  not be conclusive. It is possible that the document may be styled as subrogation but may contain in addition an assignment in regard to the balance of the claim in which event it will be a deed of subrogation-cum-assignment.

It may be a pure and simple subrogation but may inadvertently or by way of excessive caution use words more appropriate to an assignment. If the terms clearly show that the intention was to have only a subrogation, use the words "assign" transfer and abandon in favour of would  in the context be construed as referring to subrogation and nothing more.

Types

In view of the foregoing, subrogation can be broadly classified into three categories:

  1. subrogation by equitable assignment;
  2. subrogation by contract; and
  3. subrogation-cum- assignment.

In the first category, the subrogation is not evidenced by any document, but is based on the insurance policy and the receipt issued by the assured acknowledging the full settlement of the claim relating to the loss.

Where the insurer has reimbursed the entire loss incurred by the assured, it can sue in the name of the assured for the amount paid by it to the assured. But where the insurer has reimbursed only a part of the loss, in settling the insurance claim, the insurer has to wait for the assured to sue and recover compensation from the wrongdoer; and when the assured recovers compensation, the assured is entitled to first appropriate the same towards the balance of his loss (which was not received from the insurer) so that he gets full reimbursement of his loss and the cost, if any, incurred by him for such recovery. The insurer will be entitled only to whatever balance remaining, for reimbursement of what it paid to the assured.

In the second category, the subrogation is evidenced by an instrument. To avoid any dispute about the right to claim reimbursement, or to settle the priority of inter-se claims or to confirm the quantum of reimbursement in pursuance of the subrogation, and to ensure co-operation by the assured in suing the wrongdoer, the insurer usually obtains a letter of subrogation in writing, specifying its rights vis-`-vis the assured. The letter of subrogation is a contractual arrangement which crystallizes the rights of the insurer vis-`-vis the assignee. On execution of a letter of subrogation, the insurer becomes entitled to recover in terms of it, a sum not exceeding what was paid by it under the contract of insurance by suing in the name of the assured.

Even where the insurer had settled only a part of the loss incurred by the assured, on recovery of the claim from the wrongdoer, the insurer may, if the letter of subrogation so authorizes, first appropriate what it had paid to the assured and pay only the balance, if any, to the assured.

The third category is where the assured executes a letter of subrogation-cum-assignment enabling the insurer retain the entire amount recovered (even if it is more than  what was paid to the assured) and giving an option to sue in the name of the assured or to sue in its own name.

In all three types of subrogation, the insurer can sue the wrongdoer in the name of the assured. This means that the insurer requests the assured to file the suit/complaint and has the option of joining as co-plaintiff. Alternatively the insurer can obtain a special power of Attorney from the assured and then to sue the wrongdoer in the name of the assured as his attorney.

The assured has no right to deny the equitable right of subrogation of the insurer in accordance with law, even whether there is no writing to support it. But the assured whose claim is settled by the insurer, only in respect of a part of the loss may insist that when compensation is recovered from the wrongdoer he will first appropriate the same, to recover the balance of his loss.

The assured can also refuse to execute a subrogation-cum-assignment which has the effect of taking away his right to receive the balance of the loss. But once a subrogation is reduced to writing, the rights inter-se between the assured and insurer will be regulated by the terms agreed, which is a matter of negotiation between the assured and insurer.

Analysis :

For illustration, when the loss to the assured is Rs.1,00,000/-.    The insurer settles the claim of the assured for Rs.75,000/-.       The wrong-doer is sued for recovery of Rs.1,00,000/-.

 

  1. If the suit filed for recovery of Rs.100,000/- is decreed as prayed, and the said sum of Rs.1,00,000/- is recovered, the assured would appropriate Rs. 25,000/- to recover the entire loss of Rs. 100,000/- and the doctrine of subrogation would enable the insurer to claim and receive the balance of Rs.75,000.
  2. If the suit filed for recovery of Rs.100,000/- is decreed as prayed for, but the assured is able to recover only Rs.50,000/- from the Judgment-Debtor (wrong-doer), the assured will be entitled to appropriate Rs.25,000/- (which is the shortfall to make up Rs.100,000/- being the loss) and the insurer will be entitled to receive only the balance of Rs. 25,000/- even though it had paid Rs. 75,000/- to the assured.
  3. Where, the suit is filed for recovery of Rs.100,000/- but the court assesses the loss actually suffered by the assured as only Rs.75,000/- (as against the claim of the assured that the value of goods lost is Rs.100,000/-) and then awards Rs.75,000/- plus costs, the insurer will be entitled to claim and receive the entire amount of Rs.75,000/- in view of the doctrine of subrogation. Where the assured executes a letter of subrogation entitling the insurer to recover Rs. 75,000/- (The suit is filed in the name of the assured or jointly by the assured and insurer).
  4. If the suit is filed for recovery of Rs.1,00,000/-, and if the court grants Rs.1,00,000/-, the insurer will take Rs.75,000/- and the assured will take Rs.25,000/-.
  5. If the insurer sues in the name of the assured for Rs.75,000/- and recovers Rs.75,000/-, the insurer will retain the entire sum of Rs.75,000/- in pursuance of the Letter of Subrogation, even if the assured has not recovered the entire loss of Rs.1,00,000/-. If the assured wants to recover the balance of the loss of Rs.25,000/- as he had received only Rs. 75,000/- from the insurer, the assured should ensure that the claim is made against the wrongdoer for the entire sum of Rs.100,000/- by bearing the proportionate expense. Otherwise the insurer will sue in the name of the assured for only for Rs. 75,000;/-.
  6. If the letter of subrogation executed by the assured when the insurer settles the claim of the assured uses the words that the "assured assigns, transfers and abandons 3 unto the insurer, the right to get Rs.75,000/- from the wrong-doer", the document will be a `subrogation' in spite of the use of words `transfers, assigns and abandons'. This is because the insurer has settled the claim for Rs.75,000/- and the instrument merely entitles the insurer to receive the said sum of Rs.75,000/- which he had paid to the assured, and nothing more.  Where the assured executes a letter of subrogation-cum- assignment for Rs.100,000/- .
  7. If the document executed by the assured in favour of the insured provides that in consideration of the settlement of the claim for Rs.75,000/-, the assured has transferred and assigned by way of subrogation and assignment, the right to recover the entire value of the goods lost and retain the entire amount without being accountable to the assured for any excess recovered (over and above Rs.75,000/-) and provides that the insurer may sue in the name of the assured or sue in its own name without reference to the assured, the instrument is a subrogation-cum-assignment and the insurer has the choice of either suing in the name of the assured or in its own name. Where the assured executes a letter of assignment in favour of a third party to sue and recover from the carrier, the value of the consignment.
  8. If the assured, having received Rs.75,000/- from the insurer, executes an instrument in favour of a third party (not being the insurer) assigning the right to sue 3 and recover from the carrier, damages for loss of the consignment, such a document will be an Assignment. The assignee cannot file a complaint before the consumer fora, as he is not a `consumer'. Further, such a document being a transfer of a mere right to sue, will be void and unenforceable, having regard to section 6(e) of Transfer of Property Act, 1882. It is well settled that a right to sue for unliquidated damages for breach of contract or for tort, not being a right connected with the ownership of any property, nor being a right to sue for a debt or actionable claim, is a mere right to sue and is incapable of being transferred.

 

Conclusion:

The principles relating to subrogation can therefore be summarized thus :

 

  1. Equitable right of subrogation arises when the insurer settles the claim of the assured, for the entire loss. When there is an equitable subrogation in favour of the insurer, the insurer is allowed to stand in the shoes of the assured and enforce the rights of the assured against the wrong- doer.
  2. Subrogation does not terminate nor puts an end to the right of the assured to sue the wrong-doer and recover the damages for the loss. Subrogation only entitles the insurer to receive back the amount paid to the assured, in terms of the principles of subrogation.
  3. Where the assured executes a Letter of Subrogation, reducing the terms of subrogation, the rights of the insurer vis-`-vis the assured will be governed by the terms of the Letter of Subrogation.
  4. A subrogation enables the insurer to exercise the rights of the assured against third parties in the name of the assured. Consequently, any plaint, complaint or petition for recovery of compensation can be filed in the name of the assured, or by the assured represented by the insurer as subrogee-cum-attorney, or by the assured and the insurer as co-plaintiffs or co-complainants.
  5. Where the assured executed a subrogation-cum- assignment in favour of the insurer (as contrasted from a subrogation), the assured is left with no right or interest. Consequently, the assured will no longer be entitled to sue the wrongdoer on its own account and for its own benefit. But as the instrument is a subrogation- cum-assignment, and not a mere assignment, the insurer has 3 the choice of suing in its own name, or in the name of the assured, if the instrument so provides. The insured becomes entitled to the entire amount recovered from the wrong- doer, that is, not only the amount that the insured had paid to the assured, but also any amount received in excess of what was paid by it to the assured, if the instrument so provides.

 

Afterthought:

It should be borne in mind, that a document should be transaction-specific. Or at least an effort should be made to delete or exclude inapplicable or irrelevant clauses. But where a large number of documentation is required to be done by officers not- conversant with the nuances of drafting, use of standard forms with several choices or alternative provisions is found necessary.

The person preparing the document is required to delete the terms/clauses which are inapplicable. But that is seldom done. The result is that the documents executed in standard forms will have several irrelevant clauses.

Computerisation and large legal departments should have enabled insurance companies, banks and financial institutions to (i) improve their documentation processes and omit unnecessary and repetitive clauses; (ii) avoid incorporation of other documents by vague references; and (iii) discontinue pasting or annexing of slips. But that is seldom done. If documents are clear, 4 specific and self-contained, disputes and litigations will be considerably reduced.

By: M. K. DAS, B.A.Hon's & Distinction, B.Ed, M. A., L.L.B., Dip in Cyber Law, Law Officer, New India Assurance Company Ltd.,  Mumbai, Published in “The Insurance Times” October, 2012

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Honeywell (NYSE: HON) has announced the launch of its leading remote monitoring solution,...

Repay Personal Loan Conveniently with Tata Capital
Repay Personal Loan Conveniently with...

Getting a personal loan is easy, especially with online applications, minimal paperwork and...

New India Assurance company chief gets two-year extension
New India Assurance company chief...

The tenure of New India Assurance Company's CMD, G Srinivasan was today extended for little over...

Tractor Finance – A Boon for Farmers
Tractor Finance – A Boon for Farmers

Agriculture has been and continues to be the largest sector of the Indian economy. This sector...

New India Assurance, GIC gets nod for IPO
New India Assurance, GIC gets nod for...

New India Assurance and General Insurance Corporation have obtained approval from their...

Car Insurance from Bharti AXA General Insurance
Car Insurance from Bharti AXA General...

Key benefits Instant policy 24 X 7 Claims help Get Cashless claims at 2700+ garages Get No Claim...

My Home Insurance Cover from Bajaj Allianz General Insurance
My Home Insurance Cover from Bajaj...

My Home Insurance All Risk Policy will protect not only home, but also the belongings inside it,...

Pravasi Bhartiya Bima Policy from IFFCO Tokio general insurance
Pravasi Bhartiya Bima Policy from...

What the Policy Cover? Section – 1 : Personal Accident-This Section covers for a Sum Insured of...

BHARTI AXA LIFE FUTURE INVEST PLAN
BHARTI AXA LIFE FUTURE INVEST PLAN

It is an Investment Plan where one can invest money for a limited time-frame and reap good...

IDBI Federal Termsurance Life Protection Insurance Plan
IDBI Federal Termsurance Life...

It is a non-linked, non-participating insurance plan that protect the family in case of an...

Edelweiss Tokio Life – Income Replacement
Edelweiss Tokio Life – Income...

An ideal plan to ensure continuity of monthly income for the family after death of bread winner....

What Is Solvency Ratio in Life Insurance?
What Is Solvency Ratio in Life...

Solvency Ratio is a key metric used to determine the ability of a life insurance company to meet...

Save Assure Traditional Endowment Plan from Bajaj Allianz
Save Assure Traditional Endowment...

Key Features Bajaj Allianz Save Assure is a Limited Premium Payment, Non-Participating, Non...

LIC to get 1.6 million shares on discount
LIC to get 1.6 million shares on...

LIC will get 1.6 million shares at Rs 96.63 each, a slight discount to the market price of Rs...

LIC increases stake in Auto industry
LIC increases stake in Auto industry

Life Insurance Corporation increased its stake in all the three listed automobile companies,...

LIC's Gulf arm tops overseas chart
LIC's Gulf arm tops overseas chart

LIC has had a good run in the Gulf countries with its Bahrain-based arm LIC International that...

Salient features of Bajaj Allianz Car Insurance Policy
Salient features of Bajaj Allianz Car...

Car insurance policy is very important to keep your luxurious asset safe and sound. You do not...

IRDAI gives approval to 23 cross-border reinsurers
IRDAI gives approval to 23...

The Insurance Regulatory and Development Authority of India has granted special approval to 23...

Analytics must for expanding reach of insurance: IRDAI
Analytics must for expanding reach of...

Use of data analytics will improve product design and distribution which will expand the reach...

Best pension plans in India-How to choose them?
Best pension plans in India-How to...

Retirement planning is not only important for your security but the comfortable sunset years....

IRDAI may allow insurers to invest in banks' AT-1 bonds
IRDAI may allow insurers to invest in...

The additional tier-1 (AT-1) bond market, which has been witnessing subdued demand, is likely to...

IRDAI gives a nod to 16 FDI proposals worth Rs 14,592 cr
IRDAI gives a nod to 16 FDI proposals...

IRDAI has approved as many as 16 proposals amounting to Rs 14,591.9 crore as foreign investment....

United India gets Rs. 45-crore claim from FICCI for gutted Delhi building
United India gets Rs. 45-crore claim...

United India Insurance has received a claim from the Federation of Indian Chambers of Commerce...

National Insurance and New India Assurance keen on strategic sale
National Insurance and New India...

Finance minister Arun Jaitley may have cleared the way for public listing of state-owned general...

New India Assurance targets global premium of Rs 20,800 crore in current fiscal
New India Assurance targets global...

Country's largest non-life insurer New India Assurance is targeting to achieve a global premium...

Nuclear plants insured by New India Assurance
Nuclear plants insured by New India...

India’s first insurance policy covering public liability to an atomic power plant operator has...

Jan Suraksha insurance schemes see no premium hikes in FY 17
Jan Suraksha insurance schemes see no...

Insurance schemes under the Pradhan Mantri Jan Suraksha Yojana will not see any premium increase...

Directors' & Officers' cover gaining popularity
Directors' & Officers' cover gaining...

With the authorities tightening the screws on directors and senior corporate bosses after...

Insurers using drones to check crop yields
Insurers using drones to check crop...

Private insurance companies are using drones to photograph farms and if permitted by the...

Myths about SME Finance
Myths about SME Finance

Small and medium enterprises (SMEs) play an important part in the growth of the economy. The...

My: Asset-Insta Home Insurance from L & T General Insurance Company
My: Asset-Insta Home Insurance from L...

With the Insta home insurance Plan, the customer doesn't have to deal with time consuming...

Health Secure Plan from Aviva Life Insurance Company
Health Secure Plan from Aviva Life...

OverviewDue to the current lifestyle and stress levels, incidents of critical illnesses,...

College of Insurance Aviation...

Relevance of the program: - Aviation insurance policies are distinctly different from those for...

Certificate course on "Compliance,...

III is pleased to inform that they have introduced a Certificate Course on "Compliance,...

POST GRADUATE DIPLOMA IN HEALTH INSURANCE
POST GRADUATE DIPLOMA IN HEALTH...

The College of Insurance, the training arm of the Insurance Institute of India, in association...

LIC uses market volatility to raise stake in companies
LIC uses market volatility to raise...

Life Insurance Corporation of India has used market volatility during the March quarter to raise...

LIC wants Axis bank to sell its life products
LIC wants Axis bank to sell its life...

LIC owns about 15% in Axis Bank, but now it's pushing Axis bank to sell insurance policies...

LIC eyes to double policy sales at 4 crore; intends to hire 2 lakh agents
LIC eyes to double policy sales at 4...

LIC is aiming to double its business in terms of new policy issuance to four crore in the...

IRDAI squeezes norms for insurance IPOs
IRDAI squeezes norms for insurance IPOs

Insurance Regulatory and Development Authority of India (IRDAI) will make certain changes to its...

IRDAI instruct insurers not to depend on banks for selling policies
IRDAI instruct insurers not to depend...

The insurance regulator has warned life companies against overdependence on banks for selling...

IRDAI asks Universal Sompo General Insurance's Japanese MD to step down
IRDAI asks Universal Sompo General...

The Insurance Regulatory & Development Authority of India has ordered Universal Sompo...

Insurers may have to lower agent commission for certain products
Insurers may have to lower agent...

Insurers may soon have to lower commissions to insurance agents in certain product categories,...

Companies rope in global travel risk firms
Companies rope in global travel risk...

  Most companies have mailers sent out by the central travel desk that advise employees on the...

Future Generali eyes 30% growth in rural, micro insurance business
Future Generali eyes 30% growth in...

Future Generali is expecting 30 per cent growth in India's rural and micro insurance sector in...

Mistakes to Avoid While Buying Health Insurance Plans Online
Mistakes to Avoid While Buying Health...

  Health insurance is an investment towards a healthier, more secured future. Health insurance...

Life Insurance & Married Women’s Property Act (MWP Act) - Details and Benefits
Life Insurance & Married Women’s...

  The Married Women’s Property Act aims to protect properties of women from creditors. Under this...

Issues Faced by Home Loan Seekers
Issues Faced by Home Loan Seekers

  There are people who save up all through their lives to buy their houses using only their own...

M Ravichandran expresses views on IRDAI norms for selling and servicing of insurance policies through e-commerce platform
M Ravichandran expresses views on...

  Mr. M Ravichandran, President-Insurance of Tata AIG General Insurance has expressed his views...

Want to Send Your Child Overseas For Studies?
Want to Send Your Child Overseas For...

  For most parents, one of their most important goals is to educate their children in best...

Tax Benefits of Health Insurance
Tax Benefits of Health Insurance

  Insurance policies not only protect your life and health but also give you tax benefits for the...

Relevant Motor Insurance for Your Monsoon Adventures
Relevant Motor Insurance for Your...

  The scorching summers have almost come to an end now. It's time to cool off in the monsoon...

Benefits of Having Fixed Deposit Accounts
Benefits of Having Fixed Deposit...

  Any investment portfolio should have the right mix of safe, moderate and risky investments....

How an Emergency Fund Can Make You Happier
How an Emergency Fund Can Make You...

  What will you do if you lost your job tomorrow? Will you be able to pay the rent for next...

Features and Benefits of Availing Used Car Loan from Tata Capital
Features and Benefits of Availing...

  In last few years, there has been a growing trend among the people to regularly upgrade...

Why is it Important for You to Buy a Life Insurance Policy
Why is it Important for You to Buy a...

  'It is health that is real wealth and not pieces of gold and silver' - Mahatma Gandhi echoed...

Features and Benefits of Availing New Car Loan from Tata Capital 
Features and Benefits of Availing New...

  Thinking of buying your first car? We can tell you straight away that its one of life’s...

Financing a Tractor Purchase
Financing a Tractor Purchase

  The Indian agriculture sector has a very long history and even today it accounts for the bulk...

Health Insurance for Seniors - Summary of Budget 2016
Health Insurance for Seniors -...

  Government in its budget of 2016 has introduced a new health insurance scheme that targets...

New India Assurance preps for FY17 listing
New India Assurance preps for FY17...

New India Assurance, is all set to go public in the next fiscal year, said a top company...

Remedinet Technologies - simplifying back-end of Cashless Health Insurance Claims
Remedinet Technologies - simplifying...

  Remedinet is a cloud-based platform simplifying the back-end of cashless health insurance...

List of Investment Options under ...

Most people start thinking about tax savings during the last quarter of the financial year....

NPS is an Investment Option for Low Income Earners
NPS is an Investment Option for Low...

In effect since January 2004, the National Pension System(NPS) is a cohesive plan designed to...

Title insurance to come to the aid for property buyers
Title insurance to come to the aid...

To provide relief to 2nd hand property buyers facing legalities for property ownership, the...

IRDAI issues first R1 licence to ITI Reinsurance
IRDAI issues first R1 licence to ITI...

IRDAI has given its first phase of licence to ITI Reinsurance, thus clearing the first ever...

IRDAI bans life insurers from offering indemnity-based health products
IRDAI bans life insurers from...

The insurance regulator has banned life insurers from offering indemnity-based health products,...

New India, GIC get nod for IPO, Govt may earn Rs. 10k cr
New India, GIC get nod for IPO, Govt...

New India Assurance and General Insurance Corporation have obtained board approval from their...

Lloyd's Chairman offers support for insurance penetration in India
Lloyd's Chairman offers support for...

Lloyd's of London chairman John Nelson has said the 325-year old insurance giant can help support...

CAG eyes over Crop insurance schemes in 9 states
CAG eyes over Crop insurance schemes...

The Comptroller and Auditor General (CAG) will conduct a performance audit of crop insurance...

SMART LIFELONG PLAN
SMART LIFELONG PLAN

ABOUT THE PLAN   Our Smart Lifelong plan is unit linked life insurance plan with the objective of...

Exide Life Smart Term Plan
Exide Life Smart Term Plan

What is Exide Life Smart Term Plan?   Building a solid foundation for your family’s financial...

ULIPs - Boon or Bane?
ULIPs - Boon or Bane?

Unit-linked insurance plans (ULIPs) are products that provide risk cover as well as an...

Do You Have Enough Health Insurance for Retirement?
Do You Have Enough Health Insurance...

Most people fail to understand the importance of post-retirement health coverage. Young adults...

Savings and Investment Plans
Savings and Investment Plans

Our Savings and Investment plans are life insurance plans that offer you multiple avenues to save...

Personal Accident Insurance
Personal Accident Insurance

Undisputedly, Personal Accidents can wreak havoc on anyone’s life. Being financially prepared is...

PLANS FOR FAMILIES / EXTENDED FAMILIES
PLANS FOR FAMILIES / EXTENDED FAMILIES

HEARTBEAT FAMILY FLOATER   Heartbeat Family Floater plan protects your family through...

Travel Insurance Plans
Travel Insurance Plans

Easy Travel - Individual   Coverage for Medical Treatment + Dental Treatment + Repatriation of...

Underwriting Public Liability Insurance (Professional Liability Insurance)
Underwriting Public Liability...

Evolution of Professional Liability Insurance Professional Liability Insurance is available to...

Climate change and mitigation measures by Insurance Industry
Climate change and mitigation...

Introduction: The Earth's average temperature warmed by about 0.76°C over the past 100 years with...

SBI Life launches HNI focused ULIP - 'Smart Privilege'
SBI Life launches HNI focused ULIP -...

SBI Life Insurance has launched higher income individual focused market-linked life insurance...

Insurance arms of ICICI and HDFC seek to raise $1 billion
Insurance arms of ICICI and HDFC seek...

Two of India's leading private-sector insurers are looking to raise over $1 billion this...

Banks selling life products can be a boost for insurance sector
Banks selling life products can be a...

Insurers, particularly those promoted by non-banking companies, are likely to see a major boost...

Edelweiss gets nod from IRDAI to set up business in  India
Edelweiss gets nod from IRDAI to set...

Edelweiss General Insurance Company (EGIC) cleared the first step in becoming an insurance...

E-insurance mandatory for Rs. 10,000 or above annual premium in life insurance: IRDAI
E-insurance mandatory for Rs. 10,000...

Electronic insurance will become mandatory for annual premium equal to or above Rs 10,000...

Online insurance is the talk of the day for agents
Online insurance is the talk of the...

IRDAI is planning to put in place an insurance self-network platform which could be used by an...

Online insurance broker Coverfox to sell Oriental's Motor policies
Online insurance broker Coverfox to...

Oriental Insurance has for the first time tied up with a private online insurance broker...

Insurance Cos thrilled for  e-commerce selling and servicing of policies
Insurance Cos thrilled for ...

Insurance companies are enthusiastic about the proposed guidelines on selling and servicing of...

'Adventure Sports' - a new insurance window
'Adventure Sports' - a new insurance...

With an increase in number of Indian tourists indulging in Adventure Sports like bungee jumping,...

Shriram New Shri Raksha Plan
Shriram New Shri Raksha Plan

What is Shriram New Shri Raksha Plan? Shriram Life New Shri Raksha Plan (UIN-128N052V01) is a non...

Protection Plan
Protection Plan

We live in a world which is uncertain at every step. It becomes all the more important to ensure...

Kotak Income Protection plan
Kotak Income Protection plan

In this uncertain world, we all are striving to make one thing certain that the future of ours...

Family Health Optima Insurance Plan
Family Health Optima Insurance Plan

Highlights   Single policy, wider coverage for whole family at an affordable premium. Get extra...

Health Insurance Plan
Health Insurance Plan

WHY HEALTH INSURANCE   Life is a surprise package of joys, happiness, challenges and setbacks....

Car Insurance
Car Insurance

BENEFITES : Drive away with Reliance Private Car Insurance policy to get made-to-order protection...

3 Smart Ways to Use Personal Loans

Sometimes borrowing credit may become inevitable given a certain financial crunch. At such times,...

Home Loans: Frequently Asked Questions

  Most people require finance while buying a home. With an increase in the number of institutions...

Life Insurers' New Premium up 27% in May
Life Insurers' New Premium up 27% in...

The new premium collected by life insurers rose by 26.6 per cent in May to Rs 10,610.10 crore....

Reliance Life Insurance CEO Anup Rau quits
Reliance Life Insurance CEO Anup Rau...

Reliance Life Insurance's chief executive of three years, Anup Rau has quit the company, said...

Mahendra Singh Dhoni selected as brand ambassador of Exide Life
Mahendra Singh Dhoni selected as...

Exide Life Insurance has announced India cricket team captain Mahendra Singh Dhoni as its brand...

Heavy discounts raise brows of IRDAI
Heavy discounts raise brows of IRDAI

Heavy discounts in insurance segments such as group health would soon come under the scanner of...

IRDAI gives approval to 23cross-border reinsurers
IRDAI gives approval to...

IRDAI has granted special approval to 23 Cross Border Reinsurers (CBR) for the year 2016-17. This...

IRDAI issues fresh corporate governance guidelines
IRDAI issues fresh corporate...

IRDAI has released comprehensive corporate governance guidelines, including a cap on salary of...

Ships plying in Indian ports will not pay additional premiums
Ships plying in Indian ports will not...

Ships entering or leaving Indian ports are not required to pay a piracy-related additional...

After MFs, Insurance Cos to disclose pay of MD, CEO
After MFs, Insurance Cos to disclose...

Close on the heels of mutual funds (MFs) disclosing remuneration of its top executives following...

Over 50,000 farmers in Gujarat buys crop insurance online
Over 50,000 farmers in Gujarat buys...

Having faced the worst of droughts, farmers have started taking crop insurance seriously with...

Corp Bank, New India Assurance sign MoU for renewal of corporate agency
Corp Bank, New India Assurance sign...

An apex-level coordination committee meeting was organized between Corporation Bank and The New...

BELOVED AGENTS PLEASE LISTEN AND BE PROACTIVE IN THIS AGGRESSIVE CURRENT COMPETITION IN INDIA
BELOVED AGENTS PLEASE LISTEN AND BE...

1. Introduction: In Indian Life Insurance Sector there is an urgent crying need to boost the...

MERGER DAYS ARE HERE AGAIN !
MERGER DAYS ARE HERE AGAIN !

Mergers and Acquisitions (M&A) activity is broadly driven by larger economic themes as...

THE ISSUES & PERSPECTIVES OF GROUP LIFE INSURANCE POLICY / SCHEMES AS AVAILABLE IN INDIA
THE ISSUES & PERSPECTIVES OF GROUP...

1. Introduction: 1.1. Group Life insurance was initially first conceived & practised on a...

AGENTS ARE INFLUENTIAL AND  WIDELY ACCEPTED INSURANCE INTERMEDIARIES
AGENTS ARE INFLUENTIAL AND WIDELY...

The life insurance segment is struggling with a high rate of agent attrition. Over the past three...

Max Life Future Genius Education Plan
Max Life Future Genius Education Plan

What this plan offers you   Complete financial security through immediate payout/s & future...

Women's Insurance Plans
Women's Insurance Plans

HDFC Life presents special solutions catering to different financial needs of women. Women’s...

Health And Wellness
Health And Wellness

Medical costs have skyrocketed over the years, and often we find ourselves struggling to arrange...

Motor Insurance
Motor Insurance

A vehicle in today’s world is an inseparable part of life. It gives an exclusiveness &...

Health Insurance
Health Insurance

Health Insurance Policies from Royal Sundaram Royal Sundaram offers affordable health insurance...

UNDERSTAND TWO WHEELER INSURANCE POLICY COVERAGE
UNDERSTAND TWO WHEELER INSURANCE...

  Your policy covers:   Loss or damage to your vehicle against natural calamities -Fire,        ...

FEATURES OF MARINE RISKS AND...

Introduction "There is no virtue in not knowing what can be known", says Aldous Huxley. Insurance...

IMPACTS OF VARIOUS IRDAI INITIATIVES, ENDEAVOURS & NEW REGULATIONS BEING IN PLACE FOR INDIAN INSURANCE SECTOR
IMPACTS OF VARIOUS IRDAI INITIATIVES,...

Introduction:IRDA (currently referred as IRDAI) came in existence after the enactment of IRDA...

LIC to set up credit enhancement fund shortly
LIC to set up credit enhancement fund...

LIC will "shortly" announce setting up of a credit enhancement fund to provide guarantees for...

Customers loyal to LIC the most, followed by Kotak Life
Customers loyal to LIC the most,...

Life Insurance Corporation of India (LIC) has held on to its position as a brand that customers...

LIC Chairman S K Roy resigns before term ends
LIC Chairman S K Roy resigns before...

S.K. Roy, the head of Life Insurance Corp (LIC), the biggest single investor in the country, has...

Revised IPO guidelines for raising fund to come soon
Revised IPO guidelines for raising...

Revised initial public offering (IPO) guidelines will be issued soon for insurers as some of them...

IRDAI grants 16 FDI proposals worth Rs. 14,592 crore
IRDAI grants 16 FDI proposals worth...

Insurance regulator IRDAI has approved as many as 16 proposals amounting to Rs 14,591.9 crore as...

Maharashtra, Gujarat and Uttar Pradesh rapid in agri-schemes implementation
Maharashtra, Gujarat and Uttar...

Expressing concern over slow implementation of farm schemes in some states, Agriculture Minister...

Selling of policies via e-commerce not accepted by all
Selling of policies via e-commerce...

Recently, Insurance Regulatory and Development Authority of India (IRDAI) had delivered...

Health Guard Individual Policy from Bajaj Allianz
Health Guard Individual Policy from...

Complete Health Insurance for You Bajaj Allianz's Health Guard Individual option plan is...

CEO Wake-up Call: Frauds & Abuse in the Insurance Industry
CEO Wake-up Call: Frauds & Abuse in...

IntroductionGood performance of an insurance company determines the position and the growth of...

Use analytics for better product design and distribution: Vijayan
Use analytics for better product...

Use of data analytics will improve product design and distribution which expands reach of...

Telangana govt. orders to recheck assessing agricultural losses
Telangana govt. orders to recheck...

The Telangana government wants insurance companies to review the manner in which they assess...

HONEYWELL INTRODUCES MAXPRO CLOUD ALARM MONITOR FOR REAL-TIME REMOTE MONITORING
HONEYWELL INTRODUCES MAXPRO CLOUD...

Honeywell (NYSE: HON) has announced the launch of its leading remote monitoring solution,...

Repay Personal Loan Conveniently with Tata Capital
Repay Personal Loan Conveniently with...

Getting a personal loan is easy, especially with online applications, minimal paperwork and...

New India Assurance company chief gets two-year extension
New India Assurance company chief...

The tenure of New India Assurance Company's CMD, G Srinivasan was today extended for little over...

Tractor Finance – A Boon for Farmers
Tractor Finance – A Boon for Farmers

Agriculture has been and continues to be the largest sector of the Indian economy. This sector...

New India Assurance, GIC gets nod for IPO
New India Assurance, GIC gets nod for...

New India Assurance and General Insurance Corporation have obtained approval from their...

Car Insurance from Bharti AXA General Insurance
Car Insurance from Bharti AXA General...

Key benefits Instant policy 24 X 7 Claims help Get Cashless claims at 2700+ garages Get No Claim...

My Home Insurance Cover from Bajaj Allianz General Insurance
My Home Insurance Cover from Bajaj...

My Home Insurance All Risk Policy will protect not only home, but also the belongings inside it,...

Pravasi Bhartiya Bima Policy from IFFCO Tokio general insurance
Pravasi Bhartiya Bima Policy from...

What the Policy Cover? Section – 1 : Personal Accident-This Section covers for a Sum Insured of...

BHARTI AXA LIFE FUTURE INVEST PLAN
BHARTI AXA LIFE FUTURE INVEST PLAN

It is an Investment Plan where one can invest money for a limited time-frame and reap good...

IDBI Federal Termsurance Life Protection Insurance Plan
IDBI Federal Termsurance Life...

It is a non-linked, non-participating insurance plan that protect the family in case of an...

Edelweiss Tokio Life – Income Replacement
Edelweiss Tokio Life – Income...

An ideal plan to ensure continuity of monthly income for the family after death of bread winner....

What Is Solvency Ratio in Life Insurance?
What Is Solvency Ratio in Life...

Solvency Ratio is a key metric used to determine the ability of a life insurance company to meet...

Save Assure Traditional Endowment Plan from Bajaj Allianz
Save Assure Traditional Endowment...

Key Features Bajaj Allianz Save Assure is a Limited Premium Payment, Non-Participating, Non...

LIC to get 1.6 million shares on discount
LIC to get 1.6 million shares on...

LIC will get 1.6 million shares at Rs 96.63 each, a slight discount to the market price of Rs...

LIC increases stake in Auto industry
LIC increases stake in Auto industry

Life Insurance Corporation increased its stake in all the three listed automobile companies,...

LIC's Gulf arm tops overseas chart
LIC's Gulf arm tops overseas chart

LIC has had a good run in the Gulf countries with its Bahrain-based arm LIC International that...

Salient features of Bajaj Allianz Car Insurance Policy
Salient features of Bajaj Allianz Car...

Car insurance policy is very important to keep your luxurious asset safe and sound. You do not...

IRDAI gives approval to 23 cross-border reinsurers
IRDAI gives approval to 23...

The Insurance Regulatory and Development Authority of India has granted special approval to 23...

Analytics must for expanding reach of insurance: IRDAI
Analytics must for expanding reach of...

Use of data analytics will improve product design and distribution which will expand the reach...

Best pension plans in India-How to choose them?
Best pension plans in India-How to...

Retirement planning is not only important for your security but the comfortable sunset years....

IRDAI may allow insurers to invest in banks' AT-1 bonds
IRDAI may allow insurers to invest in...

The additional tier-1 (AT-1) bond market, which has been witnessing subdued demand, is likely to...

IRDAI gives a nod to 16 FDI proposals worth Rs 14,592 cr
IRDAI gives a nod to 16 FDI proposals...

IRDAI has approved as many as 16 proposals amounting to Rs 14,591.9 crore as foreign investment....

United India gets Rs. 45-crore claim from FICCI for gutted Delhi building
United India gets Rs. 45-crore claim...

United India Insurance has received a claim from the Federation of Indian Chambers of Commerce...

National Insurance and New India Assurance keen on strategic sale
National Insurance and New India...

Finance minister Arun Jaitley may have cleared the way for public listing of state-owned general...

New India Assurance targets global premium of Rs 20,800 crore in current fiscal
New India Assurance targets global...

Country's largest non-life insurer New India Assurance is targeting to achieve a global premium...

Nuclear plants insured by New India Assurance
Nuclear plants insured by New India...

India’s first insurance policy covering public liability to an atomic power plant operator has...

Jan Suraksha insurance schemes see no premium hikes in FY 17
Jan Suraksha insurance schemes see no...

Insurance schemes under the Pradhan Mantri Jan Suraksha Yojana will not see any premium increase...

Directors' & Officers' cover gaining popularity
Directors' & Officers' cover gaining...

With the authorities tightening the screws on directors and senior corporate bosses after...

Insurers using drones to check crop yields
Insurers using drones to check crop...

Private insurance companies are using drones to photograph farms and if permitted by the...

Myths about SME Finance
Myths about SME Finance

Small and medium enterprises (SMEs) play an important part in the growth of the economy. The...

My: Asset-Insta Home Insurance from L & T General Insurance Company
My: Asset-Insta Home Insurance from L...

With the Insta home insurance Plan, the customer doesn't have to deal with time consuming...

Health Secure Plan from Aviva Life Insurance Company
Health Secure Plan from Aviva Life...

OverviewDue to the current lifestyle and stress levels, incidents of critical illnesses,...

College of Insurance Aviation...

Relevance of the program: - Aviation insurance policies are distinctly different from those for...

Certificate course on "Compliance,...

III is pleased to inform that they have introduced a Certificate Course on "Compliance,...

POST GRADUATE DIPLOMA IN HEALTH INSURANCE
POST GRADUATE DIPLOMA IN HEALTH...

The College of Insurance, the training arm of the Insurance Institute of India, in association...

LIC uses market volatility to raise stake in companies
LIC uses market volatility to raise...

Life Insurance Corporation of India has used market volatility during the March quarter to raise...

LIC wants Axis bank to sell its life products
LIC wants Axis bank to sell its life...

LIC owns about 15% in Axis Bank, but now it's pushing Axis bank to sell insurance policies...

LIC eyes to double policy sales at 4 crore; intends to hire 2 lakh agents
LIC eyes to double policy sales at 4...

LIC is aiming to double its business in terms of new policy issuance to four crore in the...

IRDAI squeezes norms for insurance IPOs
IRDAI squeezes norms for insurance IPOs

Insurance Regulatory and Development Authority of India (IRDAI) will make certain changes to its...

IRDAI instruct insurers not to depend on banks for selling policies
IRDAI instruct insurers not to depend...

The insurance regulator has warned life companies against overdependence on banks for selling...

IRDAI asks Universal Sompo General Insurance's Japanese MD to step down
IRDAI asks Universal Sompo General...

The Insurance Regulatory & Development Authority of India has ordered Universal Sompo...

Insurers may have to lower agent commission for certain products
Insurers may have to lower agent...

Insurers may soon have to lower commissions to insurance agents in certain product categories,...

Companies rope in global travel risk firms
Companies rope in global travel risk...

  Most companies have mailers sent out by the central travel desk that advise employees on the...

Future Generali eyes 30% growth in rural, micro insurance business
Future Generali eyes 30% growth in...

Future Generali is expecting 30 per cent growth in India's rural and micro insurance sector in...

Mistakes to Avoid While Buying Health Insurance Plans Online
Mistakes to Avoid While Buying Health...

  Health insurance is an investment towards a healthier, more secured future. Health insurance...

Life Insurance & Married Women’s Property Act (MWP Act) - Details and Benefits
Life Insurance & Married Women’s...

  The Married Women’s Property Act aims to protect properties of women from creditors. Under this...

Issues Faced by Home Loan Seekers
Issues Faced by Home Loan Seekers

  There are people who save up all through their lives to buy their houses using only their own...

M Ravichandran expresses views on IRDAI norms for selling and servicing of insurance policies through e-commerce platform
M Ravichandran expresses views on...

  Mr. M Ravichandran, President-Insurance of Tata AIG General Insurance has expressed his views...

Want to Send Your Child Overseas For Studies?
Want to Send Your Child Overseas For...

  For most parents, one of their most important goals is to educate their children in best...

Tax Benefits of Health Insurance
Tax Benefits of Health Insurance

  Insurance policies not only protect your life and health but also give you tax benefits for the...

Relevant Motor Insurance for Your Monsoon Adventures
Relevant Motor Insurance for Your...

  The scorching summers have almost come to an end now. It's time to cool off in the monsoon...

Benefits of Having Fixed Deposit Accounts
Benefits of Having Fixed Deposit...

  Any investment portfolio should have the right mix of safe, moderate and risky investments....

How an Emergency Fund Can Make You Happier
How an Emergency Fund Can Make You...

  What will you do if you lost your job tomorrow? Will you be able to pay the rent for next...

Features and Benefits of Availing Used Car Loan from Tata Capital
Features and Benefits of Availing...

  In last few years, there has been a growing trend among the people to regularly upgrade...

List of Investment Options under ...

Most people start thinking about tax savings during the last quarter of the financial year....

NPS is an Investment Option for Low Income Earners
NPS is an Investment Option for Low...

In effect since January 2004, the National Pension System(NPS) is a cohesive plan designed to...

Title insurance to come to the aid for property buyers
Title insurance to come to the aid...

To provide relief to 2nd hand property buyers facing legalities for property ownership, the...

IRDAI issues first R1 licence to ITI Reinsurance
IRDAI issues first R1 licence to ITI...

IRDAI has given its first phase of licence to ITI Reinsurance, thus clearing the first ever...

IRDAI bans life insurers from offering indemnity-based health products
IRDAI bans life insurers from...

The insurance regulator has banned life insurers from offering indemnity-based health products,...

New India, GIC get nod for IPO, Govt may earn Rs. 10k cr
New India, GIC get nod for IPO, Govt...

New India Assurance and General Insurance Corporation have obtained board approval from their...

Lloyd's Chairman offers support for insurance penetration in India
Lloyd's Chairman offers support for...

Lloyd's of London chairman John Nelson has said the 325-year old insurance giant can help support...

CAG eyes over Crop insurance schemes in 9 states
CAG eyes over Crop insurance schemes...

The Comptroller and Auditor General (CAG) will conduct a performance audit of crop insurance...

SMART LIFELONG PLAN
SMART LIFELONG PLAN

ABOUT THE PLAN   Our Smart Lifelong plan is unit linked life insurance plan with the objective of...

Exide Life Smart Term Plan
Exide Life Smart Term Plan

What is Exide Life Smart Term Plan?   Building a solid foundation for your family’s financial...

ULIPs - Boon or Bane?
ULIPs - Boon or Bane?

Unit-linked insurance plans (ULIPs) are products that provide risk cover as well as an...

Do You Have Enough Health Insurance for Retirement?
Do You Have Enough Health Insurance...

Most people fail to understand the importance of post-retirement health coverage. Young adults...

Savings and Investment Plans
Savings and Investment Plans

Our Savings and Investment plans are life insurance plans that offer you multiple avenues to save...

Personal Accident Insurance
Personal Accident Insurance

Undisputedly, Personal Accidents can wreak havoc on anyone’s life. Being financially prepared is...

PLANS FOR FAMILIES / EXTENDED FAMILIES
PLANS FOR FAMILIES / EXTENDED FAMILIES

HEARTBEAT FAMILY FLOATER   Heartbeat Family Floater plan protects your family through...

Travel Insurance Plans
Travel Insurance Plans

Easy Travel - Individual   Coverage for Medical Treatment + Dental Treatment + Repatriation of...

Underwriting Public Liability Insurance (Professional Liability Insurance)
Underwriting Public Liability...

Evolution of Professional Liability Insurance Professional Liability Insurance is available to...

Climate change and mitigation measures by Insurance Industry
Climate change and mitigation...

Introduction: The Earth's average temperature warmed by about 0.76°C over the past 100 years with...

SBI Life launches HNI focused ULIP - 'Smart Privilege'
SBI Life launches HNI focused ULIP -...

SBI Life Insurance has launched higher income individual focused market-linked life insurance...

Insurance arms of ICICI and HDFC seek to raise $1 billion
Insurance arms of ICICI and HDFC seek...

Two of India's leading private-sector insurers are looking to raise over $1 billion this...

Banks selling life products can be a boost for insurance sector
Banks selling life products can be a...

Insurers, particularly those promoted by non-banking companies, are likely to see a major boost...

Edelweiss gets nod from IRDAI to set up business in  India
Edelweiss gets nod from IRDAI to set...

Edelweiss General Insurance Company (EGIC) cleared the first step in becoming an insurance...

E-insurance mandatory for Rs. 10,000 or above annual premium in life insurance: IRDAI
E-insurance mandatory for Rs. 10,000...

Electronic insurance will become mandatory for annual premium equal to or above Rs 10,000...

Online insurance is the talk of the day for agents
Online insurance is the talk of the...

IRDAI is planning to put in place an insurance self-network platform which could be used by an...

Online insurance broker Coverfox to sell Oriental's Motor policies
Online insurance broker Coverfox to...

Oriental Insurance has for the first time tied up with a private online insurance broker...

Insurance Cos thrilled for  e-commerce selling and servicing of policies
Insurance Cos thrilled for ...

Insurance companies are enthusiastic about the proposed guidelines on selling and servicing of...

'Adventure Sports' - a new insurance window
'Adventure Sports' - a new insurance...

With an increase in number of Indian tourists indulging in Adventure Sports like bungee jumping,...

Shriram New Shri Raksha Plan
Shriram New Shri Raksha Plan

What is Shriram New Shri Raksha Plan? Shriram Life New Shri Raksha Plan (UIN-128N052V01) is a non...

Protection Plan
Protection Plan

We live in a world which is uncertain at every step. It becomes all the more important to ensure...

Kotak Income Protection plan
Kotak Income Protection plan

In this uncertain world, we all are striving to make one thing certain that the future of ours...

Family Health Optima Insurance Plan
Family Health Optima Insurance Plan

Highlights   Single policy, wider coverage for whole family at an affordable premium. Get extra...

Health Insurance Plan
Health Insurance Plan

WHY HEALTH INSURANCE   Life is a surprise package of joys, happiness, challenges and setbacks....

Car Insurance
Car Insurance

BENEFITES : Drive away with Reliance Private Car Insurance policy to get made-to-order protection...

3 Smart Ways to Use Personal Loans

Sometimes borrowing credit may become inevitable given a certain financial crunch. At such times,...

Home Loans: Frequently Asked Questions

  Most people require finance while buying a home. With an increase in the number of institutions...

Life Insurers' New Premium up 27% in May
Life Insurers' New Premium up 27% in...

The new premium collected by life insurers rose by 26.6 per cent in May to Rs 10,610.10 crore....

Reliance Life Insurance CEO Anup Rau quits
Reliance Life Insurance CEO Anup Rau...

Reliance Life Insurance's chief executive of three years, Anup Rau has quit the company, said...

Mahendra Singh Dhoni selected as brand ambassador of Exide Life
Mahendra Singh Dhoni selected as...

Exide Life Insurance has announced India cricket team captain Mahendra Singh Dhoni as its brand...

Heavy discounts raise brows of IRDAI
Heavy discounts raise brows of IRDAI

Heavy discounts in insurance segments such as group health would soon come under the scanner of...

IRDAI gives approval to 23cross-border reinsurers
IRDAI gives approval to...

IRDAI has granted special approval to 23 Cross Border Reinsurers (CBR) for the year 2016-17. This...

IRDAI issues fresh corporate governance guidelines
IRDAI issues fresh corporate...

IRDAI has released comprehensive corporate governance guidelines, including a cap on salary of...

Ships plying in Indian ports will not pay additional premiums
Ships plying in Indian ports will not...

Ships entering or leaving Indian ports are not required to pay a piracy-related additional...

After MFs, Insurance Cos to disclose pay of MD, CEO
After MFs, Insurance Cos to disclose...

Close on the heels of mutual funds (MFs) disclosing remuneration of its top executives following...

Over 50,000 farmers in Gujarat buys crop insurance online
Over 50,000 farmers in Gujarat buys...

Having faced the worst of droughts, farmers have started taking crop insurance seriously with...

Corp Bank, New India Assurance sign MoU for renewal of corporate agency
Corp Bank, New India Assurance sign...

An apex-level coordination committee meeting was organized between Corporation Bank and The New...

BELOVED AGENTS PLEASE LISTEN AND BE PROACTIVE IN THIS AGGRESSIVE CURRENT COMPETITION IN INDIA
BELOVED AGENTS PLEASE LISTEN AND BE...

1. Introduction: In Indian Life Insurance Sector there is an urgent crying need to boost the...

MERGER DAYS ARE HERE AGAIN !
MERGER DAYS ARE HERE AGAIN !

Mergers and Acquisitions (M&A) activity is broadly driven by larger economic themes as...

THE ISSUES & PERSPECTIVES OF GROUP LIFE INSURANCE POLICY / SCHEMES AS AVAILABLE IN INDIA
THE ISSUES & PERSPECTIVES OF GROUP...

1. Introduction: 1.1. Group Life insurance was initially first conceived & practised on a...

AGENTS ARE INFLUENTIAL AND  WIDELY ACCEPTED INSURANCE INTERMEDIARIES
AGENTS ARE INFLUENTIAL AND WIDELY...

The life insurance segment is struggling with a high rate of agent attrition. Over the past three...

Max Life Future Genius Education Plan
Max Life Future Genius Education Plan

What this plan offers you   Complete financial security through immediate payout/s & future...

Women's Insurance Plans
Women's Insurance Plans

HDFC Life presents special solutions catering to different financial needs of women. Women’s...

Health And Wellness
Health And Wellness

Medical costs have skyrocketed over the years, and often we find ourselves struggling to arrange...

Motor Insurance
Motor Insurance

A vehicle in today’s world is an inseparable part of life. It gives an exclusiveness &...

Health Insurance
Health Insurance

Health Insurance Policies from Royal Sundaram Royal Sundaram offers affordable health insurance...

UNDERSTAND TWO WHEELER INSURANCE POLICY COVERAGE
UNDERSTAND TWO WHEELER INSURANCE...

  Your policy covers:   Loss or damage to your vehicle against natural calamities -Fire,        ...

FEATURES OF MARINE RISKS AND...

Introduction "There is no virtue in not knowing what can be known", says Aldous Huxley. Insurance...

IMPACTS OF VARIOUS IRDAI INITIATIVES, ENDEAVOURS & NEW REGULATIONS BEING IN PLACE FOR INDIAN INSURANCE SECTOR
IMPACTS OF VARIOUS IRDAI INITIATIVES,...

Introduction:IRDA (currently referred as IRDAI) came in existence after the enactment of IRDA...

LIC to set up credit enhancement fund shortly
LIC to set up credit enhancement fund...

LIC will "shortly" announce setting up of a credit enhancement fund to provide guarantees for...

Customers loyal to LIC the most, followed by Kotak Life
Customers loyal to LIC the most,...

Life Insurance Corporation of India (LIC) has held on to its position as a brand that customers...

LIC Chairman S K Roy resigns before term ends
LIC Chairman S K Roy resigns before...

S.K. Roy, the head of Life Insurance Corp (LIC), the biggest single investor in the country, has...

Revised IPO guidelines for raising fund to come soon
Revised IPO guidelines for raising...

Revised initial public offering (IPO) guidelines will be issued soon for insurers as some of them...

IRDAI grants 16 FDI proposals worth Rs. 14,592 crore
IRDAI grants 16 FDI proposals worth...

Insurance regulator IRDAI has approved as many as 16 proposals amounting to Rs 14,591.9 crore as...

Maharashtra, Gujarat and Uttar Pradesh rapid in agri-schemes implementation
Maharashtra, Gujarat and Uttar...

Expressing concern over slow implementation of farm schemes in some states, Agriculture Minister...

Selling of policies via e-commerce not accepted by all
Selling of policies via e-commerce...

Recently, Insurance Regulatory and Development Authority of India (IRDAI) had delivered...

Health Guard Individual Policy from Bajaj Allianz
Health Guard Individual Policy from...

Complete Health Insurance for You Bajaj Allianz's Health Guard Individual option plan is...

CEO Wake-up Call: Frauds & Abuse in the Insurance Industry
CEO Wake-up Call: Frauds & Abuse in...

IntroductionGood performance of an insurance company determines the position and the growth of...

Use analytics for better product design and distribution: Vijayan
Use analytics for better product...

Use of data analytics will improve product design and distribution which expands reach of...

Telangana govt. orders to recheck assessing agricultural losses
Telangana govt. orders to recheck...

The Telangana government wants insurance companies to review the manner in which they assess...

HONEYWELL INTRODUCES MAXPRO CLOUD ALARM MONITOR FOR REAL-TIME REMOTE MONITORING
HONEYWELL INTRODUCES MAXPRO CLOUD...

Honeywell (NYSE: HON) has announced the launch of its leading remote monitoring solution,...

Repay Personal Loan Conveniently with Tata Capital
Repay Personal Loan Conveniently with...

Getting a personal loan is easy, especially with online applications, minimal paperwork and...

New India Assurance company chief gets two-year extension
New India Assurance company chief...

The tenure of New India Assurance Company's CMD, G Srinivasan was today extended for little over...

Tractor Finance – A Boon for Farmers
Tractor Finance – A Boon for Farmers

Agriculture has been and continues to be the largest sector of the Indian economy. This sector...

New India Assurance, GIC gets nod for IPO
New India Assurance, GIC gets nod for...

New India Assurance and General Insurance Corporation have obtained approval from their...

Car Insurance from Bharti AXA General Insurance
Car Insurance from Bharti AXA General...

Key benefits Instant policy 24 X 7 Claims help Get Cashless claims at 2700+ garages Get No Claim...

My Home Insurance Cover from Bajaj Allianz General Insurance
My Home Insurance Cover from Bajaj...

My Home Insurance All Risk Policy will protect not only home, but also the belongings inside it,...

Pravasi Bhartiya Bima Policy from IFFCO Tokio general insurance
Pravasi Bhartiya Bima Policy from...

What the Policy Cover? Section – 1 : Personal Accident-This Section covers for a Sum Insured of...

BHARTI AXA LIFE FUTURE INVEST PLAN
BHARTI AXA LIFE FUTURE INVEST PLAN

It is an Investment Plan where one can invest money for a limited time-frame and reap good...

IDBI Federal Termsurance Life Protection Insurance Plan
IDBI Federal Termsurance Life...

It is a non-linked, non-participating insurance plan that protect the family in case of an...

Edelweiss Tokio Life – Income Replacement
Edelweiss Tokio Life – Income...

An ideal plan to ensure continuity of monthly income for the family after death of bread winner....

What Is Solvency Ratio in Life Insurance?
What Is Solvency Ratio in Life...

Solvency Ratio is a key metric used to determine the ability of a life insurance company to meet...

Save Assure Traditional Endowment Plan from Bajaj Allianz
Save Assure Traditional Endowment...

Key Features Bajaj Allianz Save Assure is a Limited Premium Payment, Non-Participating, Non...

LIC to get 1.6 million shares on discount
LIC to get 1.6 million shares on...

LIC will get 1.6 million shares at Rs 96.63 each, a slight discount to the market price of Rs...

LIC increases stake in Auto industry
LIC increases stake in Auto industry

Life Insurance Corporation increased its stake in all the three listed automobile companies,...

LIC's Gulf arm tops overseas chart
LIC's Gulf arm tops overseas chart

LIC has had a good run in the Gulf countries with its Bahrain-based arm LIC International that...

Salient features of Bajaj Allianz Car Insurance Policy
Salient features of Bajaj Allianz Car...

Car insurance policy is very important to keep your luxurious asset safe and sound. You do not...

IRDAI gives approval to 23 cross-border reinsurers
IRDAI gives approval to 23...

The Insurance Regulatory and Development Authority of India has granted special approval to 23...

Analytics must for expanding reach of insurance: IRDAI
Analytics must for expanding reach of...

Use of data analytics will improve product design and distribution which will expand the reach...

Best pension plans in India-How to choose them?
Best pension plans in India-How to...

Retirement planning is not only important for your security but the comfortable sunset years....

IRDAI may allow insurers to invest in banks' AT-1 bonds
IRDAI may allow insurers to invest in...

The additional tier-1 (AT-1) bond market, which has been witnessing subdued demand, is likely to...

IRDAI gives a nod to 16 FDI proposals worth Rs 14,592 cr
IRDAI gives a nod to 16 FDI proposals...

IRDAI has approved as many as 16 proposals amounting to Rs 14,591.9 crore as foreign investment....

United India gets Rs. 45-crore claim from FICCI for gutted Delhi building
United India gets Rs. 45-crore claim...

United India Insurance has received a claim from the Federation of Indian Chambers of Commerce...

National Insurance and New India Assurance keen on strategic sale
National Insurance and New India...

Finance minister Arun Jaitley may have cleared the way for public listing of state-owned general...

New India Assurance targets global premium of Rs 20,800 crore in current fiscal
New India Assurance targets global...

Country's largest non-life insurer New India Assurance is targeting to achieve a global premium...

Nuclear plants insured by New India Assurance
Nuclear plants insured by New India...

India’s first insurance policy covering public liability to an atomic power plant operator has...

List of Investment Options under ...

Most people start thinking about tax savings during the last quarter of the financial year....

NPS is an Investment Option for Low Income Earners
NPS is an Investment Option for Low...

In effect since January 2004, the National Pension System(NPS) is a cohesive plan designed to...

Title insurance to come to the aid for property buyers
Title insurance to come to the aid...

To provide relief to 2nd hand property buyers facing legalities for property ownership, the...

IRDAI issues first R1 licence to ITI Reinsurance
IRDAI issues first R1 licence to ITI...

IRDAI has given its first phase of licence to ITI Reinsurance, thus clearing the first ever...

IRDAI bans life insurers from offering indemnity-based health products
IRDAI bans life insurers from...

The insurance regulator has banned life insurers from offering indemnity-based health products,...

New India, GIC get nod for IPO, Govt may earn Rs. 10k cr
New India, GIC get nod for IPO, Govt...

New India Assurance and General Insurance Corporation have obtained board approval from their...

Lloyd's Chairman offers support for insurance penetration in India
Lloyd's Chairman offers support for...

Lloyd's of London chairman John Nelson has said the 325-year old insurance giant can help support...

CAG eyes over Crop insurance schemes in 9 states
CAG eyes over Crop insurance schemes...

The Comptroller and Auditor General (CAG) will conduct a performance audit of crop insurance...

SMART LIFELONG PLAN
SMART LIFELONG PLAN

ABOUT THE PLAN   Our Smart Lifelong plan is unit linked life insurance plan with the objective of...

Exide Life Smart Term Plan
Exide Life Smart Term Plan

What is Exide Life Smart Term Plan?   Building a solid foundation for your family’s financial...

ULIPs - Boon or Bane?
ULIPs - Boon or Bane?

Unit-linked insurance plans (ULIPs) are products that provide risk cover as well as an...

Do You Have Enough Health Insurance for Retirement?
Do You Have Enough Health Insurance...

Most people fail to understand the importance of post-retirement health coverage. Young adults...

Savings and Investment Plans
Savings and Investment Plans

Our Savings and Investment plans are life insurance plans that offer you multiple avenues to save...

Personal Accident Insurance
Personal Accident Insurance

Undisputedly, Personal Accidents can wreak havoc on anyone’s life. Being financially prepared is...

PLANS FOR FAMILIES / EXTENDED FAMILIES
PLANS FOR FAMILIES / EXTENDED FAMILIES

HEARTBEAT FAMILY FLOATER   Heartbeat Family Floater plan protects your family through...

Travel Insurance Plans
Travel Insurance Plans

Easy Travel - Individual   Coverage for Medical Treatment + Dental Treatment + Repatriation of...

Underwriting Public Liability Insurance (Professional Liability Insurance)
Underwriting Public Liability...

Evolution of Professional Liability Insurance Professional Liability Insurance is available to...

Climate change and mitigation measures by Insurance Industry
Climate change and mitigation...

Introduction: The Earth's average temperature warmed by about 0.76°C over the past 100 years with...

SBI Life launches HNI focused ULIP - 'Smart Privilege'
SBI Life launches HNI focused ULIP -...

SBI Life Insurance has launched higher income individual focused market-linked life insurance...

Insurance arms of ICICI and HDFC seek to raise $1 billion
Insurance arms of ICICI and HDFC seek...

Two of India's leading private-sector insurers are looking to raise over $1 billion this...

Banks selling life products can be a boost for insurance sector
Banks selling life products can be a...

Insurers, particularly those promoted by non-banking companies, are likely to see a major boost...

Edelweiss gets nod from IRDAI to set up business in  India
Edelweiss gets nod from IRDAI to set...

Edelweiss General Insurance Company (EGIC) cleared the first step in becoming an insurance...

E-insurance mandatory for Rs. 10,000 or above annual premium in life insurance: IRDAI
E-insurance mandatory for Rs. 10,000...

Electronic insurance will become mandatory for annual premium equal to or above Rs 10,000...

Online insurance is the talk of the day for agents
Online insurance is the talk of the...

IRDAI is planning to put in place an insurance self-network platform which could be used by an...

Online insurance broker Coverfox to sell Oriental's Motor policies
Online insurance broker Coverfox to...

Oriental Insurance has for the first time tied up with a private online insurance broker...

Insurance Cos thrilled for  e-commerce selling and servicing of policies
Insurance Cos thrilled for ...

Insurance companies are enthusiastic about the proposed guidelines on selling and servicing of...

'Adventure Sports' - a new insurance window
'Adventure Sports' - a new insurance...

With an increase in number of Indian tourists indulging in Adventure Sports like bungee jumping,...

Shriram New Shri Raksha Plan
Shriram New Shri Raksha Plan

What is Shriram New Shri Raksha Plan? Shriram Life New Shri Raksha Plan (UIN-128N052V01) is a non...

Protection Plan
Protection Plan

We live in a world which is uncertain at every step. It becomes all the more important to ensure...

Kotak Income Protection plan
Kotak Income Protection plan

In this uncertain world, we all are striving to make one thing certain that the future of ours...

Family Health Optima Insurance Plan
Family Health Optima Insurance Plan

Highlights   Single policy, wider coverage for whole family at an affordable premium. Get extra...

Health Insurance Plan
Health Insurance Plan

WHY HEALTH INSURANCE   Life is a surprise package of joys, happiness, challenges and setbacks....

Car Insurance
Car Insurance

BENEFITES : Drive away with Reliance Private Car Insurance policy to get made-to-order protection...

3 Smart Ways to Use Personal Loans

Sometimes borrowing credit may become inevitable given a certain financial crunch. At such times,...

Home Loans: Frequently Asked Questions

  Most people require finance while buying a home. With an increase in the number of institutions...

Life Insurers' New Premium up 27% in May
Life Insurers' New Premium up 27% in...

The new premium collected by life insurers rose by 26.6 per cent in May to Rs 10,610.10 crore....

Reliance Life Insurance CEO Anup Rau quits
Reliance Life Insurance CEO Anup Rau...

Reliance Life Insurance's chief executive of three years, Anup Rau has quit the company, said...

Mahendra Singh Dhoni selected as brand ambassador of Exide Life
Mahendra Singh Dhoni selected as...

Exide Life Insurance has announced India cricket team captain Mahendra Singh Dhoni as its brand...

Heavy discounts raise brows of IRDAI
Heavy discounts raise brows of IRDAI

Heavy discounts in insurance segments such as group health would soon come under the scanner of...

IRDAI gives approval to 23cross-border reinsurers
IRDAI gives approval to...

IRDAI has granted special approval to 23 Cross Border Reinsurers (CBR) for the year 2016-17. This...

IRDAI issues fresh corporate governance guidelines
IRDAI issues fresh corporate...

IRDAI has released comprehensive corporate governance guidelines, including a cap on salary of...

Ships plying in Indian ports will not pay additional premiums
Ships plying in Indian ports will not...

Ships entering or leaving Indian ports are not required to pay a piracy-related additional...

After MFs, Insurance Cos to disclose pay of MD, CEO
After MFs, Insurance Cos to disclose...

Close on the heels of mutual funds (MFs) disclosing remuneration of its top executives following...

Over 50,000 farmers in Gujarat buys crop insurance online
Over 50,000 farmers in Gujarat buys...

Having faced the worst of droughts, farmers have started taking crop insurance seriously with...

Corp Bank, New India Assurance sign MoU for renewal of corporate agency
Corp Bank, New India Assurance sign...

An apex-level coordination committee meeting was organized between Corporation Bank and The New...

BELOVED AGENTS PLEASE LISTEN AND BE PROACTIVE IN THIS AGGRESSIVE CURRENT COMPETITION IN INDIA
BELOVED AGENTS PLEASE LISTEN AND BE...

1. Introduction: In Indian Life Insurance Sector there is an urgent crying need to boost the...

MERGER DAYS ARE HERE AGAIN !
MERGER DAYS ARE HERE AGAIN !

Mergers and Acquisitions (M&A) activity is broadly driven by larger economic themes as...

THE ISSUES & PERSPECTIVES OF GROUP LIFE INSURANCE POLICY / SCHEMES AS AVAILABLE IN INDIA
THE ISSUES & PERSPECTIVES OF GROUP...

1. Introduction: 1.1. Group Life insurance was initially first conceived & practised on a...

AGENTS ARE INFLUENTIAL AND  WIDELY ACCEPTED INSURANCE INTERMEDIARIES
AGENTS ARE INFLUENTIAL AND WIDELY...

The life insurance segment is struggling with a high rate of agent attrition. Over the past three...

Max Life Future Genius Education Plan
Max Life Future Genius Education Plan

What this plan offers you   Complete financial security through immediate payout/s & future...

Women's Insurance Plans
Women's Insurance Plans

HDFC Life presents special solutions catering to different financial needs of women. Women’s...

Health And Wellness
Health And Wellness

Medical costs have skyrocketed over the years, and often we find ourselves struggling to arrange...

Motor Insurance
Motor Insurance

A vehicle in today’s world is an inseparable part of life. It gives an exclusiveness &...

Health Insurance
Health Insurance

Health Insurance Policies from Royal Sundaram Royal Sundaram offers affordable health insurance...

UNDERSTAND TWO WHEELER INSURANCE POLICY COVERAGE
UNDERSTAND TWO WHEELER INSURANCE...

  Your policy covers:   Loss or damage to your vehicle against natural calamities -Fire,        ...

FEATURES OF MARINE RISKS AND...

Introduction "There is no virtue in not knowing what can be known", says Aldous Huxley. Insurance...

IMPACTS OF VARIOUS IRDAI INITIATIVES, ENDEAVOURS & NEW REGULATIONS BEING IN PLACE FOR INDIAN INSURANCE SECTOR
IMPACTS OF VARIOUS IRDAI INITIATIVES,...

Introduction:IRDA (currently referred as IRDAI) came in existence after the enactment of IRDA...

LIC to set up credit enhancement fund shortly
LIC to set up credit enhancement fund...

LIC will "shortly" announce setting up of a credit enhancement fund to provide guarantees for...

Customers loyal to LIC the most, followed by Kotak Life
Customers loyal to LIC the most,...

Life Insurance Corporation of India (LIC) has held on to its position as a brand that customers...

LIC Chairman S K Roy resigns before term ends
LIC Chairman S K Roy resigns before...

S.K. Roy, the head of Life Insurance Corp (LIC), the biggest single investor in the country, has...

Revised IPO guidelines for raising fund to come soon
Revised IPO guidelines for raising...

Revised initial public offering (IPO) guidelines will be issued soon for insurers as some of them...

IRDAI grants 16 FDI proposals worth Rs. 14,592 crore
IRDAI grants 16 FDI proposals worth...

Insurance regulator IRDAI has approved as many as 16 proposals amounting to Rs 14,591.9 crore as...

Maharashtra, Gujarat and Uttar Pradesh rapid in agri-schemes implementation
Maharashtra, Gujarat and Uttar...

Expressing concern over slow implementation of farm schemes in some states, Agriculture Minister...

Selling of policies via e-commerce not accepted by all
Selling of policies via e-commerce...

Recently, Insurance Regulatory and Development Authority of India (IRDAI) had delivered...

Health Guard Individual Policy from Bajaj Allianz
Health Guard Individual Policy from...

Complete Health Insurance for You Bajaj Allianz's Health Guard Individual option plan is...

CEO Wake-up Call: Frauds & Abuse in the Insurance Industry
CEO Wake-up Call: Frauds & Abuse in...

IntroductionGood performance of an insurance company determines the position and the growth of...

Use analytics for better product design and distribution: Vijayan
Use analytics for better product...

Use of data analytics will improve product design and distribution which expands reach of...

Telangana govt. orders to recheck assessing agricultural losses
Telangana govt. orders to recheck...

The Telangana government wants insurance companies to review the manner in which they assess...

HONEYWELL INTRODUCES MAXPRO CLOUD ALARM MONITOR FOR REAL-TIME REMOTE MONITORING
HONEYWELL INTRODUCES MAXPRO CLOUD...

Honeywell (NYSE: HON) has announced the launch of its leading remote monitoring solution,...

Repay Personal Loan Conveniently with Tata Capital
Repay Personal Loan Conveniently with...

Getting a personal loan is easy, especially with online applications, minimal paperwork and...

New India Assurance company chief gets two-year extension
New India Assurance company chief...

The tenure of New India Assurance Company's CMD, G Srinivasan was today extended for little over...

Tractor Finance – A Boon for Farmers
Tractor Finance – A Boon for Farmers

Agriculture has been and continues to be the largest sector of the Indian economy. This sector...

New India Assurance, GIC gets nod for IPO
New India Assurance, GIC gets nod for...

New India Assurance and General Insurance Corporation have obtained approval from their...

Car Insurance from Bharti AXA General Insurance
Car Insurance from Bharti AXA General...

Key benefits Instant policy 24 X 7 Claims help Get Cashless claims at 2700+ garages Get No Claim...

My Home Insurance Cover from Bajaj Allianz General Insurance
My Home Insurance Cover from Bajaj...

My Home Insurance All Risk Policy will protect not only home, but also the belongings inside it,...

Pravasi Bhartiya Bima Policy from IFFCO Tokio general insurance
Pravasi Bhartiya Bima Policy from...

What the Policy Cover? Section – 1 : Personal Accident-This Section covers for a Sum Insured of...

BHARTI AXA LIFE FUTURE INVEST PLAN
BHARTI AXA LIFE FUTURE INVEST PLAN

It is an Investment Plan where one can invest money for a limited time-frame and reap good...

IDBI Federal Termsurance Life Protection Insurance Plan
IDBI Federal Termsurance Life...

It is a non-linked, non-participating insurance plan that protect the family in case of an...

Edelweiss Tokio Life – Income Replacement
Edelweiss Tokio Life – Income...

An ideal plan to ensure continuity of monthly income for the family after death of bread winner....

What Is Solvency Ratio in Life Insurance?
What Is Solvency Ratio in Life...

Solvency Ratio is a key metric used to determine the ability of a life insurance company to meet...

Save Assure Traditional Endowment Plan from Bajaj Allianz
Save Assure Traditional Endowment...

Key Features Bajaj Allianz Save Assure is a Limited Premium Payment, Non-Participating, Non...

LIC to get 1.6 million shares on discount
LIC to get 1.6 million shares on...

LIC will get 1.6 million shares at Rs 96.63 each, a slight discount to the market price of Rs...

LIC increases stake in Auto industry
LIC increases stake in Auto industry

Life Insurance Corporation increased its stake in all the three listed automobile companies,...

LIC's Gulf arm tops overseas chart
LIC's Gulf arm tops overseas chart

LIC has had a good run in the Gulf countries with its Bahrain-based arm LIC International that...

Salient features of Bajaj Allianz Car Insurance Policy
Salient features of Bajaj Allianz Car...

Car insurance policy is very important to keep your luxurious asset safe and sound. You do not...

IRDAI gives approval to 23 cross-border reinsurers
IRDAI gives approval to 23...

The Insurance Regulatory and Development Authority of India has granted special approval to 23...

Analytics must for expanding reach of insurance: IRDAI
Analytics must for expanding reach of...

Use of data analytics will improve product design and distribution which will expand the reach...

Best pension plans in India-How to choose them?
Best pension plans in India-How to...

Retirement planning is not only important for your security but the comfortable sunset years....

IRDAI may allow insurers to invest in banks' AT-1 bonds
IRDAI may allow insurers to invest in...

The additional tier-1 (AT-1) bond market, which has been witnessing subdued demand, is likely to...

IRDAI gives a nod to 16 FDI proposals worth Rs 14,592 cr
IRDAI gives a nod to 16 FDI proposals...

IRDAI has approved as many as 16 proposals amounting to Rs 14,591.9 crore as foreign investment....

United India gets Rs. 45-crore claim from FICCI for gutted Delhi building
United India gets Rs. 45-crore claim...

United India Insurance has received a claim from the Federation of Indian Chambers of Commerce...

National Insurance and New India Assurance keen on strategic sale
National Insurance and New India...

Finance minister Arun Jaitley may have cleared the way for public listing of state-owned general...

New India Assurance targets global premium of Rs 20,800 crore in current fiscal
New India Assurance targets global...

Country's largest non-life insurer New India Assurance is targeting to achieve a global premium...

Nuclear plants insured by New India Assurance
Nuclear plants insured by New India...

India’s first insurance policy covering public liability to an atomic power plant operator has...

Jan Suraksha insurance schemes see no premium hikes in FY 17
Jan Suraksha insurance schemes see no...

Insurance schemes under the Pradhan Mantri Jan Suraksha Yojana will not see any premium increase...

Directors' & Officers' cover gaining popularity
Directors' & Officers' cover gaining...

With the authorities tightening the screws on directors and senior corporate bosses after...

Insurers using drones to check crop yields
Insurers using drones to check crop...

Private insurance companies are using drones to photograph farms and if permitted by the...

Myths about SME Finance
Myths about SME Finance

Small and medium enterprises (SMEs) play an important part in the growth of the economy. The...

My: Asset-Insta Home Insurance from L & T General Insurance Company
My: Asset-Insta Home Insurance from L...

With the Insta home insurance Plan, the customer doesn't have to deal with time consuming...

Health Secure Plan from Aviva Life Insurance Company
Health Secure Plan from Aviva Life...

OverviewDue to the current lifestyle and stress levels, incidents of critical illnesses,...

College of Insurance Aviation...

Relevance of the program: - Aviation insurance policies are distinctly different from those for...

Certificate course on "Compliance,...

III is pleased to inform that they have introduced a Certificate Course on "Compliance,...

POST GRADUATE DIPLOMA IN HEALTH INSURANCE
POST GRADUATE DIPLOMA IN HEALTH...

The College of Insurance, the training arm of the Insurance Institute of India, in association...

LIC uses market volatility to raise stake in companies
LIC uses market volatility to raise...

Life Insurance Corporation of India has used market volatility during the March quarter to raise...

LIC wants Axis bank to sell its life products
LIC wants Axis bank to sell its life...

LIC owns about 15% in Axis Bank, but now it's pushing Axis bank to sell insurance policies...

LIC eyes to double policy sales at 4 crore; intends to hire 2 lakh agents
LIC eyes to double policy sales at 4...

LIC is aiming to double its business in terms of new policy issuance to four crore in the...

IRDAI squeezes norms for insurance IPOs
IRDAI squeezes norms for insurance IPOs

Insurance Regulatory and Development Authority of India (IRDAI) will make certain changes to its...

IRDAI instruct insurers not to depend on banks for selling policies
IRDAI instruct insurers not to depend...

The insurance regulator has warned life companies against overdependence on banks for selling...

IRDAI asks Universal Sompo General Insurance's Japanese MD to step down
IRDAI asks Universal Sompo General...

The Insurance Regulatory & Development Authority of India has ordered Universal Sompo...

Insurers may have to lower agent commission for certain products
Insurers may have to lower agent...

Insurers may soon have to lower commissions to insurance agents in certain product categories,...

Companies rope in global travel risk firms
Companies rope in global travel risk...

  Most companies have mailers sent out by the central travel desk that advise employees on the...

Future Generali eyes 30% growth in rural, micro insurance business
Future Generali eyes 30% growth in...

Future Generali is expecting 30 per cent growth in India's rural and micro insurance sector in...

Mistakes to Avoid While Buying Health Insurance Plans Online
Mistakes to Avoid While Buying Health...

  Health insurance is an investment towards a healthier, more secured future. Health insurance...

Life Insurance & Married Women’s Property Act (MWP Act) - Details and Benefits
Life Insurance & Married Women’s...

  The Married Women’s Property Act aims to protect properties of women from creditors. Under this...

Issues Faced by Home Loan Seekers
Issues Faced by Home Loan Seekers

  There are people who save up all through their lives to buy their houses using only their own...

M Ravichandran expresses views on IRDAI norms for selling and servicing of insurance policies through e-commerce platform
M Ravichandran expresses views on...

  Mr. M Ravichandran, President-Insurance of Tata AIG General Insurance has expressed his views...

Want to Send Your Child Overseas For Studies?
Want to Send Your Child Overseas For...

  For most parents, one of their most important goals is to educate their children in best...

List of Investment Options under ...

Most people start thinking about tax savings during the last quarter of the financial year....

NPS is an Investment Option for Low Income Earners
NPS is an Investment Option for Low...

In effect since January 2004, the National Pension System(NPS) is a cohesive plan designed to...

Title insurance to come to the aid for property buyers
Title insurance to come to the aid...

To provide relief to 2nd hand property buyers facing legalities for property ownership, the...

IRDAI issues first R1 licence to ITI Reinsurance
IRDAI issues first R1 licence to ITI...

IRDAI has given its first phase of licence to ITI Reinsurance, thus clearing the first ever...

IRDAI bans life insurers from offering indemnity-based health products
IRDAI bans life insurers from...

The insurance regulator has banned life insurers from offering indemnity-based health products,...

New India, GIC get nod for IPO, Govt may earn Rs. 10k cr
New India, GIC get nod for IPO, Govt...

New India Assurance and General Insurance Corporation have obtained board approval from their...

Lloyd's Chairman offers support for insurance penetration in India
Lloyd's Chairman offers support for...

Lloyd's of London chairman John Nelson has said the 325-year old insurance giant can help support...

CAG eyes over Crop insurance schemes in 9 states
CAG eyes over Crop insurance schemes...

The Comptroller and Auditor General (CAG) will conduct a performance audit of crop insurance...

SMART LIFELONG PLAN
SMART LIFELONG PLAN

ABOUT THE PLAN   Our Smart Lifelong plan is unit linked life insurance plan with the objective of...

Exide Life Smart Term Plan
Exide Life Smart Term Plan

What is Exide Life Smart Term Plan?   Building a solid foundation for your family’s financial...

ULIPs - Boon or Bane?
ULIPs - Boon or Bane?

Unit-linked insurance plans (ULIPs) are products that provide risk cover as well as an...

Do You Have Enough Health Insurance for Retirement?
Do You Have Enough Health Insurance...

Most people fail to understand the importance of post-retirement health coverage. Young adults...

Savings and Investment Plans
Savings and Investment Plans

Our Savings and Investment plans are life insurance plans that offer you multiple avenues to save...

Personal Accident Insurance
Personal Accident Insurance

Undisputedly, Personal Accidents can wreak havoc on anyone’s life. Being financially prepared is...

PLANS FOR FAMILIES / EXTENDED FAMILIES
PLANS FOR FAMILIES / EXTENDED FAMILIES

HEARTBEAT FAMILY FLOATER   Heartbeat Family Floater plan protects your family through...

Travel Insurance Plans
Travel Insurance Plans

Easy Travel - Individual   Coverage for Medical Treatment + Dental Treatment + Repatriation of...

Underwriting Public Liability Insurance (Professional Liability Insurance)
Underwriting Public Liability...

Evolution of Professional Liability Insurance Professional Liability Insurance is available to...

Climate change and mitigation measures by Insurance Industry
Climate change and mitigation...

Introduction: The Earth's average temperature warmed by about 0.76°C over the past 100 years with...

SBI Life launches HNI focused ULIP - 'Smart Privilege'
SBI Life launches HNI focused ULIP -...

SBI Life Insurance has launched higher income individual focused market-linked life insurance...

Insurance arms of ICICI and HDFC seek to raise $1 billion
Insurance arms of ICICI and HDFC seek...

Two of India's leading private-sector insurers are looking to raise over $1 billion this...

Banks selling life products can be a boost for insurance sector
Banks selling life products can be a...

Insurers, particularly those promoted by non-banking companies, are likely to see a major boost...

Edelweiss gets nod from IRDAI to set up business in  India
Edelweiss gets nod from IRDAI to set...

Edelweiss General Insurance Company (EGIC) cleared the first step in becoming an insurance...

E-insurance mandatory for Rs. 10,000 or above annual premium in life insurance: IRDAI
E-insurance mandatory for Rs. 10,000...

Electronic insurance will become mandatory for annual premium equal to or above Rs 10,000...

Online insurance is the talk of the day for agents
Online insurance is the talk of the...

IRDAI is planning to put in place an insurance self-network platform which could be used by an...

Online insurance broker Coverfox to sell Oriental's Motor policies
Online insurance broker Coverfox to...

Oriental Insurance has for the first time tied up with a private online insurance broker...

Insurance Cos thrilled for  e-commerce selling and servicing of policies
Insurance Cos thrilled for ...

Insurance companies are enthusiastic about the proposed guidelines on selling and servicing of...

'Adventure Sports' - a new insurance window
'Adventure Sports' - a new insurance...

With an increase in number of Indian tourists indulging in Adventure Sports like bungee jumping,...

Shriram New Shri Raksha Plan
Shriram New Shri Raksha Plan

What is Shriram New Shri Raksha Plan? Shriram Life New Shri Raksha Plan (UIN-128N052V01) is a non...

Protection Plan
Protection Plan

We live in a world which is uncertain at every step. It becomes all the more important to ensure...

Kotak Income Protection plan
Kotak Income Protection plan

In this uncertain world, we all are striving to make one thing certain that the future of ours...

Family Health Optima Insurance Plan
Family Health Optima Insurance Plan

Highlights   Single policy, wider coverage for whole family at an affordable premium. Get extra...

Health Insurance Plan
Health Insurance Plan

WHY HEALTH INSURANCE   Life is a surprise package of joys, happiness, challenges and setbacks....

Car Insurance
Car Insurance

BENEFITES : Drive away with Reliance Private Car Insurance policy to get made-to-order protection...

3 Smart Ways to Use Personal Loans

Sometimes borrowing credit may become inevitable given a certain financial crunch. At such times,...

Home Loans: Frequently Asked Questions

  Most people require finance while buying a home. With an increase in the number of institutions...

Life Insurers' New Premium up 27% in May
Life Insurers' New Premium up 27% in...

The new premium collected by life insurers rose by 26.6 per cent in May to Rs 10,610.10 crore....

Reliance Life Insurance CEO Anup Rau quits
Reliance Life Insurance CEO Anup Rau...

Reliance Life Insurance's chief executive of three years, Anup Rau has quit the company, said...

Mahendra Singh Dhoni selected as brand ambassador of Exide Life
Mahendra Singh Dhoni selected as...

Exide Life Insurance has announced India cricket team captain Mahendra Singh Dhoni as its brand...

Heavy discounts raise brows of IRDAI
Heavy discounts raise brows of IRDAI

Heavy discounts in insurance segments such as group health would soon come under the scanner of...

IRDAI gives approval to 23cross-border reinsurers
IRDAI gives approval to...

IRDAI has granted special approval to 23 Cross Border Reinsurers (CBR) for the year 2016-17. This...

IRDAI issues fresh corporate governance guidelines
IRDAI issues fresh corporate...

IRDAI has released comprehensive corporate governance guidelines, including a cap on salary of...

Ships plying in Indian ports will not pay additional premiums
Ships plying in Indian ports will not...

Ships entering or leaving Indian ports are not required to pay a piracy-related additional...

After MFs, Insurance Cos to disclose pay of MD, CEO
After MFs, Insurance Cos to disclose...

Close on the heels of mutual funds (MFs) disclosing remuneration of its top executives following...

Over 50,000 farmers in Gujarat buys crop insurance online
Over 50,000 farmers in Gujarat buys...

Having faced the worst of droughts, farmers have started taking crop insurance seriously with...

Corp Bank, New India Assurance sign MoU for renewal of corporate agency
Corp Bank, New India Assurance sign...

An apex-level coordination committee meeting was organized between Corporation Bank and The New...

BELOVED AGENTS PLEASE LISTEN AND BE PROACTIVE IN THIS AGGRESSIVE CURRENT COMPETITION IN INDIA
BELOVED AGENTS PLEASE LISTEN AND BE...

1. Introduction: In Indian Life Insurance Sector there is an urgent crying need to boost the...

MERGER DAYS ARE HERE AGAIN !
MERGER DAYS ARE HERE AGAIN !

Mergers and Acquisitions (M&A) activity is broadly driven by larger economic themes as...

THE ISSUES & PERSPECTIVES OF GROUP LIFE INSURANCE POLICY / SCHEMES AS AVAILABLE IN INDIA
THE ISSUES & PERSPECTIVES OF GROUP...

1. Introduction: 1.1. Group Life insurance was initially first conceived & practised on a...

AGENTS ARE INFLUENTIAL AND  WIDELY ACCEPTED INSURANCE INTERMEDIARIES
AGENTS ARE INFLUENTIAL AND WIDELY...

The life insurance segment is struggling with a high rate of agent attrition. Over the past three...

Max Life Future Genius Education Plan
Max Life Future Genius Education Plan

What this plan offers you   Complete financial security through immediate payout/s & future...

Women's Insurance Plans
Women's Insurance Plans

HDFC Life presents special solutions catering to different financial needs of women. Women’s...

Health And Wellness
Health And Wellness

Medical costs have skyrocketed over the years, and often we find ourselves struggling to arrange...

Motor Insurance
Motor Insurance

A vehicle in today’s world is an inseparable part of life. It gives an exclusiveness &...

Health Insurance
Health Insurance

Health Insurance Policies from Royal Sundaram Royal Sundaram offers affordable health insurance...

UNDERSTAND TWO WHEELER INSURANCE POLICY COVERAGE
UNDERSTAND TWO WHEELER INSURANCE...

  Your policy covers:   Loss or damage to your vehicle against natural calamities -Fire,        ...

FEATURES OF MARINE RISKS AND...

Introduction "There is no virtue in not knowing what can be known", says Aldous Huxley. Insurance...

IMPACTS OF VARIOUS IRDAI INITIATIVES, ENDEAVOURS & NEW REGULATIONS BEING IN PLACE FOR INDIAN INSURANCE SECTOR
IMPACTS OF VARIOUS IRDAI INITIATIVES,...

Introduction:IRDA (currently referred as IRDAI) came in existence after the enactment of IRDA...

LIC to set up credit enhancement fund shortly
LIC to set up credit enhancement fund...

LIC will "shortly" announce setting up of a credit enhancement fund to provide guarantees for...

Customers loyal to LIC the most, followed by Kotak Life
Customers loyal to LIC the most,...

Life Insurance Corporation of India (LIC) has held on to its position as a brand that customers...

LIC Chairman S K Roy resigns before term ends
LIC Chairman S K Roy resigns before...

S.K. Roy, the head of Life Insurance Corp (LIC), the biggest single investor in the country, has...

Revised IPO guidelines for raising fund to come soon
Revised IPO guidelines for raising...

Revised initial public offering (IPO) guidelines will be issued soon for insurers as some of them...

IRDAI grants 16 FDI proposals worth Rs. 14,592 crore
IRDAI grants 16 FDI proposals worth...

Insurance regulator IRDAI has approved as many as 16 proposals amounting to Rs 14,591.9 crore as...

Maharashtra, Gujarat and Uttar Pradesh rapid in agri-schemes implementation
Maharashtra, Gujarat and Uttar...

Expressing concern over slow implementation of farm schemes in some states, Agriculture Minister...

Selling of policies via e-commerce not accepted by all
Selling of policies via e-commerce...

Recently, Insurance Regulatory and Development Authority of India (IRDAI) had delivered...

Health Guard Individual Policy from Bajaj Allianz
Health Guard Individual Policy from...

Complete Health Insurance for You Bajaj Allianz's Health Guard Individual option plan is...

CEO Wake-up Call: Frauds & Abuse in the Insurance Industry
CEO Wake-up Call: Frauds & Abuse in...

IntroductionGood performance of an insurance company determines the position and the growth of...

Use analytics for better product design and distribution: Vijayan
Use analytics for better product...

Use of data analytics will improve product design and distribution which expands reach of...

Telangana govt. orders to recheck assessing agricultural losses
Telangana govt. orders to recheck...

The Telangana government wants insurance companies to review the manner in which they assess...

HONEYWELL INTRODUCES MAXPRO CLOUD ALARM MONITOR FOR REAL-TIME REMOTE MONITORING
HONEYWELL INTRODUCES MAXPRO CLOUD...

Honeywell (NYSE: HON) has announced the launch of its leading remote monitoring solution,...

Repay Personal Loan Conveniently with Tata Capital
Repay Personal Loan Conveniently with...

Getting a personal loan is easy, especially with online applications, minimal paperwork and...

New India Assurance company chief gets two-year extension
New India Assurance company chief...

The tenure of New India Assurance Company's CMD, G Srinivasan was today extended for little over...

Tractor Finance – A Boon for Farmers
Tractor Finance – A Boon for Farmers

Agriculture has been and continues to be the largest sector of the Indian economy. This sector...

New India Assurance, GIC gets nod for IPO
New India Assurance, GIC gets nod for...

New India Assurance and General Insurance Corporation have obtained approval from their...

Car Insurance from Bharti AXA General Insurance
Car Insurance from Bharti AXA General...

Key benefits Instant policy 24 X 7 Claims help Get Cashless claims at 2700+ garages Get No Claim...

My Home Insurance Cover from Bajaj Allianz General Insurance
My Home Insurance Cover from Bajaj...

My Home Insurance All Risk Policy will protect not only home, but also the belongings inside it,...

Pravasi Bhartiya Bima Policy from IFFCO Tokio general insurance
Pravasi Bhartiya Bima Policy from...

What the Policy Cover? Section – 1 : Personal Accident-This Section covers for a Sum Insured of...

BHARTI AXA LIFE FUTURE INVEST PLAN
BHARTI AXA LIFE FUTURE INVEST PLAN

It is an Investment Plan where one can invest money for a limited time-frame and reap good...

IDBI Federal Termsurance Life Protection Insurance Plan
IDBI Federal Termsurance Life...

It is a non-linked, non-participating insurance plan that protect the family in case of an...

Edelweiss Tokio Life – Income Replacement
Edelweiss Tokio Life – Income...

An ideal plan to ensure continuity of monthly income for the family after death of bread winner....

What Is Solvency Ratio in Life Insurance?
What Is Solvency Ratio in Life...

Solvency Ratio is a key metric used to determine the ability of a life insurance company to meet...

Save Assure Traditional Endowment Plan from Bajaj Allianz
Save Assure Traditional Endowment...

Key Features Bajaj Allianz Save Assure is a Limited Premium Payment, Non-Participating, Non...

LIC to get 1.6 million shares on discount
LIC to get 1.6 million shares on...

LIC will get 1.6 million shares at Rs 96.63 each, a slight discount to the market price of Rs...

LIC increases stake in Auto industry
LIC increases stake in Auto industry

Life Insurance Corporation increased its stake in all the three listed automobile companies,...

LIC's Gulf arm tops overseas chart
LIC's Gulf arm tops overseas chart

LIC has had a good run in the Gulf countries with its Bahrain-based arm LIC International that...

Salient features of Bajaj Allianz Car Insurance Policy
Salient features of Bajaj Allianz Car...

Car insurance policy is very important to keep your luxurious asset safe and sound. You do not...

IRDAI gives approval to 23 cross-border reinsurers
IRDAI gives approval to 23...

The Insurance Regulatory and Development Authority of India has granted special approval to 23...

Analytics must for expanding reach of insurance: IRDAI
Analytics must for expanding reach of...

Use of data analytics will improve product design and distribution which will expand the reach...

Best pension plans in India-How to choose them?
Best pension plans in India-How to...

Retirement planning is not only important for your security but the comfortable sunset years....

IRDAI may allow insurers to invest in banks' AT-1 bonds
IRDAI may allow insurers to invest in...

The additional tier-1 (AT-1) bond market, which has been witnessing subdued demand, is likely to...

IRDAI gives a nod to 16 FDI proposals worth Rs 14,592 cr
IRDAI gives a nod to 16 FDI proposals...

IRDAI has approved as many as 16 proposals amounting to Rs 14,591.9 crore as foreign investment....

United India gets Rs. 45-crore claim from FICCI for gutted Delhi building
United India gets Rs. 45-crore claim...

United India Insurance has received a claim from the Federation of Indian Chambers of Commerce...

National Insurance and New India Assurance keen on strategic sale
National Insurance and New India...

Finance minister Arun Jaitley may have cleared the way for public listing of state-owned general...

New India Assurance targets global premium of Rs 20,800 crore in current fiscal
New India Assurance targets global...

Country's largest non-life insurer New India Assurance is targeting to achieve a global premium...

Nuclear plants insured by New India Assurance
Nuclear plants insured by New India...

India’s first insurance policy covering public liability to an atomic power plant operator has...

Jan Suraksha insurance schemes see no premium hikes in FY 17
Jan Suraksha insurance schemes see no...

Insurance schemes under the Pradhan Mantri Jan Suraksha Yojana will not see any premium increase...

Directors' & Officers' cover gaining popularity
Directors' & Officers' cover gaining...

With the authorities tightening the screws on directors and senior corporate bosses after...

Insurers using drones to check crop yields
Insurers using drones to check crop...

Private insurance companies are using drones to photograph farms and if permitted by the...

Myths about SME Finance
Myths about SME Finance

Small and medium enterprises (SMEs) play an important part in the growth of the economy. The...

My: Asset-Insta Home Insurance from L & T General Insurance Company
My: Asset-Insta Home Insurance from L...

With the Insta home insurance Plan, the customer doesn't have to deal with time consuming...

Health Secure Plan from Aviva Life Insurance Company
Health Secure Plan from Aviva Life...

OverviewDue to the current lifestyle and stress levels, incidents of critical illnesses,...

College of Insurance Aviation...

Relevance of the program: - Aviation insurance policies are distinctly different from those for...

List of Investment Options under ...

Most people start thinking about tax savings during the last quarter of the financial year....

NPS is an Investment Option for Low Income Earners
NPS is an Investment Option for Low...

In effect since January 2004, the National Pension System(NPS) is a cohesive plan designed to...

Title insurance to come to the aid for property buyers
Title insurance to come to the aid...

To provide relief to 2nd hand property buyers facing legalities for property ownership, the...

IRDAI issues first R1 licence to ITI Reinsurance
IRDAI issues first R1 licence to ITI...

IRDAI has given its first phase of licence to ITI Reinsurance, thus clearing the first ever...

IRDAI bans life insurers from offering indemnity-based health products
IRDAI bans life insurers from...

The insurance regulator has banned life insurers from offering indemnity-based health products,...

New India, GIC get nod for IPO, Govt may earn Rs. 10k cr
New India, GIC get nod for IPO, Govt...

New India Assurance and General Insurance Corporation have obtained board approval from their...

Lloyd's Chairman offers support for insurance penetration in India
Lloyd's Chairman offers support for...

Lloyd's of London chairman John Nelson has said the 325-year old insurance giant can help support...

CAG eyes over Crop insurance schemes in 9 states
CAG eyes over Crop insurance schemes...

The Comptroller and Auditor General (CAG) will conduct a performance audit of crop insurance...

SMART LIFELONG PLAN
SMART LIFELONG PLAN

ABOUT THE PLAN   Our Smart Lifelong plan is unit linked life insurance plan with the objective of...

Exide Life Smart Term Plan
Exide Life Smart Term Plan

What is Exide Life Smart Term Plan?   Building a solid foundation for your family’s financial...

ULIPs - Boon or Bane?
ULIPs - Boon or Bane?

Unit-linked insurance plans (ULIPs) are products that provide risk cover as well as an...

Do You Have Enough Health Insurance for Retirement?
Do You Have Enough Health Insurance...

Most people fail to understand the importance of post-retirement health coverage. Young adults...

Savings and Investment Plans
Savings and Investment Plans

Our Savings and Investment plans are life insurance plans that offer you multiple avenues to save...

Personal Accident Insurance
Personal Accident Insurance

Undisputedly, Personal Accidents can wreak havoc on anyone’s life. Being financially prepared is...

PLANS FOR FAMILIES / EXTENDED FAMILIES
PLANS FOR FAMILIES / EXTENDED FAMILIES

HEARTBEAT FAMILY FLOATER   Heartbeat Family Floater plan protects your family through...

Travel Insurance Plans
Travel Insurance Plans

Easy Travel - Individual   Coverage for Medical Treatment + Dental Treatment + Repatriation of...

Underwriting Public Liability Insurance (Professional Liability Insurance)
Underwriting Public Liability...

Evolution of Professional Liability Insurance Professional Liability Insurance is available to...

Climate change and mitigation measures by Insurance Industry
Climate change and mitigation...

Introduction: The Earth's average temperature warmed by about 0.76°C over the past 100 years with...

SBI Life launches HNI focused ULIP - 'Smart Privilege'
SBI Life launches HNI focused ULIP -...

SBI Life Insurance has launched higher income individual focused market-linked life insurance...

Insurance arms of ICICI and HDFC seek to raise $1 billion
Insurance arms of ICICI and HDFC seek...

Two of India's leading private-sector insurers are looking to raise over $1 billion this...

Banks selling life products can be a boost for insurance sector
Banks selling life products can be a...

Insurers, particularly those promoted by non-banking companies, are likely to see a major boost...

Edelweiss gets nod from IRDAI to set up business in  India
Edelweiss gets nod from IRDAI to set...

Edelweiss General Insurance Company (EGIC) cleared the first step in becoming an insurance...

E-insurance mandatory for Rs. 10,000 or above annual premium in life insurance: IRDAI
E-insurance mandatory for Rs. 10,000...

Electronic insurance will become mandatory for annual premium equal to or above Rs 10,000...

Online insurance is the talk of the day for agents
Online insurance is the talk of the...

IRDAI is planning to put in place an insurance self-network platform which could be used by an...

Online insurance broker Coverfox to sell Oriental's Motor policies
Online insurance broker Coverfox to...

Oriental Insurance has for the first time tied up with a private online insurance broker...

Insurance Cos thrilled for  e-commerce selling and servicing of policies
Insurance Cos thrilled for ...

Insurance companies are enthusiastic about the proposed guidelines on selling and servicing of...

'Adventure Sports' - a new insurance window
'Adventure Sports' - a new insurance...

With an increase in number of Indian tourists indulging in Adventure Sports like bungee jumping,...

Shriram New Shri Raksha Plan
Shriram New Shri Raksha Plan

What is Shriram New Shri Raksha Plan? Shriram Life New Shri Raksha Plan (UIN-128N052V01) is a non...

Protection Plan
Protection Plan

We live in a world which is uncertain at every step. It becomes all the more important to ensure...

Kotak Income Protection plan
Kotak Income Protection plan

In this uncertain world, we all are striving to make one thing certain that the future of ours...

Family Health Optima Insurance Plan
Family Health Optima Insurance Plan

Highlights   Single policy, wider coverage for whole family at an affordable premium. Get extra...

Health Insurance Plan
Health Insurance Plan

WHY HEALTH INSURANCE   Life is a surprise package of joys, happiness, challenges and setbacks....

Car Insurance
Car Insurance

BENEFITES : Drive away with Reliance Private Car Insurance policy to get made-to-order protection...

3 Smart Ways to Use Personal Loans

Sometimes borrowing credit may become inevitable given a certain financial crunch. At such times,...

Home Loans: Frequently Asked Questions

  Most people require finance while buying a home. With an increase in the number of institutions...

Life Insurers' New Premium up 27% in May
Life Insurers' New Premium up 27% in...

The new premium collected by life insurers rose by 26.6 per cent in May to Rs 10,610.10 crore....

Reliance Life Insurance CEO Anup Rau quits
Reliance Life Insurance CEO Anup Rau...

Reliance Life Insurance's chief executive of three years, Anup Rau has quit the company, said...

Mahendra Singh Dhoni selected as brand ambassador of Exide Life
Mahendra Singh Dhoni selected as...

Exide Life Insurance has announced India cricket team captain Mahendra Singh Dhoni as its brand...

Heavy discounts raise brows of IRDAI
Heavy discounts raise brows of IRDAI

Heavy discounts in insurance segments such as group health would soon come under the scanner of...

IRDAI gives approval to 23cross-border reinsurers
IRDAI gives approval to...

IRDAI has granted special approval to 23 Cross Border Reinsurers (CBR) for the year 2016-17. This...

IRDAI issues fresh corporate governance guidelines
IRDAI issues fresh corporate...

IRDAI has released comprehensive corporate governance guidelines, including a cap on salary of...

Ships plying in Indian ports will not pay additional premiums
Ships plying in Indian ports will not...

Ships entering or leaving Indian ports are not required to pay a piracy-related additional...

After MFs, Insurance Cos to disclose pay of MD, CEO
After MFs, Insurance Cos to disclose...

Close on the heels of mutual funds (MFs) disclosing remuneration of its top executives following...

Over 50,000 farmers in Gujarat buys crop insurance online
Over 50,000 farmers in Gujarat buys...

Having faced the worst of droughts, farmers have started taking crop insurance seriously with...

Corp Bank, New India Assurance sign MoU for renewal of corporate agency
Corp Bank, New India Assurance sign...

An apex-level coordination committee meeting was organized between Corporation Bank and The New...

BELOVED AGENTS PLEASE LISTEN AND BE PROACTIVE IN THIS AGGRESSIVE CURRENT COMPETITION IN INDIA
BELOVED AGENTS PLEASE LISTEN AND BE...

1. Introduction: In Indian Life Insurance Sector there is an urgent crying need to boost the...

MERGER DAYS ARE HERE AGAIN !
MERGER DAYS ARE HERE AGAIN !

Mergers and Acquisitions (M&A) activity is broadly driven by larger economic themes as...

THE ISSUES & PERSPECTIVES OF GROUP LIFE INSURANCE POLICY / SCHEMES AS AVAILABLE IN INDIA
THE ISSUES & PERSPECTIVES OF GROUP...

1. Introduction: 1.1. Group Life insurance was initially first conceived & practised on a...

AGENTS ARE INFLUENTIAL AND  WIDELY ACCEPTED INSURANCE INTERMEDIARIES
AGENTS ARE INFLUENTIAL AND WIDELY...

The life insurance segment is struggling with a high rate of agent attrition. Over the past three...

Max Life Future Genius Education Plan
Max Life Future Genius Education Plan

What this plan offers you   Complete financial security through immediate payout/s & future...

Women's Insurance Plans
Women's Insurance Plans

HDFC Life presents special solutions catering to different financial needs of women. Women’s...

Health And Wellness
Health And Wellness

Medical costs have skyrocketed over the years, and often we find ourselves struggling to arrange...

Motor Insurance
Motor Insurance

A vehicle in today’s world is an inseparable part of life. It gives an exclusiveness &...

Health Insurance
Health Insurance

Health Insurance Policies from Royal Sundaram Royal Sundaram offers affordable health insurance...

UNDERSTAND TWO WHEELER INSURANCE POLICY COVERAGE
UNDERSTAND TWO WHEELER INSURANCE...

  Your policy covers:   Loss or damage to your vehicle against natural calamities -Fire,        ...

FEATURES OF MARINE RISKS AND...

Introduction "There is no virtue in not knowing what can be known", says Aldous Huxley. Insurance...

IMPACTS OF VARIOUS IRDAI INITIATIVES, ENDEAVOURS & NEW REGULATIONS BEING IN PLACE FOR INDIAN INSURANCE SECTOR
IMPACTS OF VARIOUS IRDAI INITIATIVES,...

Introduction:IRDA (currently referred as IRDAI) came in existence after the enactment of IRDA...

LIC to set up credit enhancement fund shortly
LIC to set up credit enhancement fund...

LIC will "shortly" announce setting up of a credit enhancement fund to provide guarantees for...

Customers loyal to LIC the most, followed by Kotak Life
Customers loyal to LIC the most,...

Life Insurance Corporation of India (LIC) has held on to its position as a brand that customers...

LIC Chairman S K Roy resigns before term ends
LIC Chairman S K Roy resigns before...

S.K. Roy, the head of Life Insurance Corp (LIC), the biggest single investor in the country, has...

Revised IPO guidelines for raising fund to come soon
Revised IPO guidelines for raising...

Revised initial public offering (IPO) guidelines will be issued soon for insurers as some of them...

IRDAI grants 16 FDI proposals worth Rs. 14,592 crore
IRDAI grants 16 FDI proposals worth...

Insurance regulator IRDAI has approved as many as 16 proposals amounting to Rs 14,591.9 crore as...

Maharashtra, Gujarat and Uttar Pradesh rapid in agri-schemes implementation
Maharashtra, Gujarat and Uttar...

Expressing concern over slow implementation of farm schemes in some states, Agriculture Minister...

Selling of policies via e-commerce not accepted by all
Selling of policies via e-commerce...

Recently, Insurance Regulatory and Development Authority of India (IRDAI) had delivered...

Health Guard Individual Policy from Bajaj Allianz
Health Guard Individual Policy from...

Complete Health Insurance for You Bajaj Allianz's Health Guard Individual option plan is...

CEO Wake-up Call: Frauds & Abuse in the Insurance Industry
CEO Wake-up Call: Frauds & Abuse in...

IntroductionGood performance of an insurance company determines the position and the growth of...

Use analytics for better product design and distribution: Vijayan
Use analytics for better product...

Use of data analytics will improve product design and distribution which expands reach of...

Telangana govt. orders to recheck assessing agricultural losses
Telangana govt. orders to recheck...

The Telangana government wants insurance companies to review the manner in which they assess...

HONEYWELL INTRODUCES MAXPRO CLOUD ALARM MONITOR FOR REAL-TIME REMOTE MONITORING
HONEYWELL INTRODUCES MAXPRO CLOUD...

Honeywell (NYSE: HON) has announced the launch of its leading remote monitoring solution,...

Repay Personal Loan Conveniently with Tata Capital
Repay Personal Loan Conveniently with...

Getting a personal loan is easy, especially with online applications, minimal paperwork and...

New India Assurance company chief gets two-year extension
New India Assurance company chief...

The tenure of New India Assurance Company's CMD, G Srinivasan was today extended for little over...

Tractor Finance – A Boon for Farmers
Tractor Finance – A Boon for Farmers

Agriculture has been and continues to be the largest sector of the Indian economy. This sector...

New India Assurance, GIC gets nod for IPO
New India Assurance, GIC gets nod for...

New India Assurance and General Insurance Corporation have obtained approval from their...

Car Insurance from Bharti AXA General Insurance
Car Insurance from Bharti AXA General...

Key benefits Instant policy 24 X 7 Claims help Get Cashless claims at 2700+ garages Get No Claim...

My Home Insurance Cover from Bajaj Allianz General Insurance
My Home Insurance Cover from Bajaj...

My Home Insurance All Risk Policy will protect not only home, but also the belongings inside it,...

Pravasi Bhartiya Bima Policy from IFFCO Tokio general insurance
Pravasi Bhartiya Bima Policy from...

What the Policy Cover? Section – 1 : Personal Accident-This Section covers for a Sum Insured of...

BHARTI AXA LIFE FUTURE INVEST PLAN
BHARTI AXA LIFE FUTURE INVEST PLAN

It is an Investment Plan where one can invest money for a limited time-frame and reap good...

IDBI Federal Termsurance Life Protection Insurance Plan
IDBI Federal Termsurance Life...

It is a non-linked, non-participating insurance plan that protect the family in case of an...

Edelweiss Tokio Life – Income Replacement
Edelweiss Tokio Life – Income...

An ideal plan to ensure continuity of monthly income for the family after death of bread winner....

What Is Solvency Ratio in Life Insurance?
What Is Solvency Ratio in Life...

Solvency Ratio is a key metric used to determine the ability of a life insurance company to meet...

Save Assure Traditional Endowment Plan from Bajaj Allianz
Save Assure Traditional Endowment...

Key Features Bajaj Allianz Save Assure is a Limited Premium Payment, Non-Participating, Non...

LIC to get 1.6 million shares on discount
LIC to get 1.6 million shares on...

LIC will get 1.6 million shares at Rs 96.63 each, a slight discount to the market price of Rs...

LIC increases stake in Auto industry
LIC increases stake in Auto industry

Life Insurance Corporation increased its stake in all the three listed automobile companies,...

LIC's Gulf arm tops overseas chart
LIC's Gulf arm tops overseas chart

LIC has had a good run in the Gulf countries with its Bahrain-based arm LIC International that...

Salient features of Bajaj Allianz Car Insurance Policy
Salient features of Bajaj Allianz Car...

Car insurance policy is very important to keep your luxurious asset safe and sound. You do not...

IRDAI gives approval to 23 cross-border reinsurers
IRDAI gives approval to 23...

The Insurance Regulatory and Development Authority of India has granted special approval to 23...

Analytics must for expanding reach of insurance: IRDAI
Analytics must for expanding reach of...

Use of data analytics will improve product design and distribution which will expand the reach...

Best pension plans in India-How to choose them?
Best pension plans in India-How to...

Retirement planning is not only important for your security but the comfortable sunset years....

IRDAI may allow insurers to invest in banks' AT-1 bonds
IRDAI may allow insurers to invest in...

The additional tier-1 (AT-1) bond market, which has been witnessing subdued demand, is likely to...

IRDAI gives a nod to 16 FDI proposals worth Rs 14,592 cr
IRDAI gives a nod to 16 FDI proposals...

IRDAI has approved as many as 16 proposals amounting to Rs 14,591.9 crore as foreign investment....

United India gets Rs. 45-crore claim from FICCI for gutted Delhi building
United India gets Rs. 45-crore claim...

United India Insurance has received a claim from the Federation of Indian Chambers of Commerce...

National Insurance and New India Assurance keen on strategic sale
National Insurance and New India...

Finance minister Arun Jaitley may have cleared the way for public listing of state-owned general...

New India Assurance targets global premium of Rs 20,800 crore in current fiscal
New India Assurance targets global...

Country's largest non-life insurer New India Assurance is targeting to achieve a global premium...

Nuclear plants insured by New India Assurance
Nuclear plants insured by New India...

India’s first insurance policy covering public liability to an atomic power plant operator has...

Jan Suraksha insurance schemes see no premium hikes in FY 17
Jan Suraksha insurance schemes see no...

Insurance schemes under the Pradhan Mantri Jan Suraksha Yojana will not see any premium increase...

Directors' & Officers' cover gaining popularity
Directors' & Officers' cover gaining...

With the authorities tightening the screws on directors and senior corporate bosses after...

Insurers using drones to check crop yields
Insurers using drones to check crop...

Private insurance companies are using drones to photograph farms and if permitted by the...

Myths about SME Finance
Myths about SME Finance

Small and medium enterprises (SMEs) play an important part in the growth of the economy. The...

My: Asset-Insta Home Insurance from L & T General Insurance Company
My: Asset-Insta Home Insurance from L...

With the Insta home insurance Plan, the customer doesn't have to deal with time consuming...

Health Secure Plan from Aviva Life Insurance Company
Health Secure Plan from Aviva Life...

OverviewDue to the current lifestyle and stress levels, incidents of critical illnesses,...

College of Insurance Aviation...

Relevance of the program: - Aviation insurance policies are distinctly different from those for...

Certificate course on "Compliance,...

III is pleased to inform that they have introduced a Certificate Course on "Compliance,...

POST GRADUATE DIPLOMA IN HEALTH INSURANCE
POST GRADUATE DIPLOMA IN HEALTH...

The College of Insurance, the training arm of the Insurance Institute of India, in association...

LIC uses market volatility to raise stake in companies
LIC uses market volatility to raise...

Life Insurance Corporation of India has used market volatility during the March quarter to raise...

LIC wants Axis bank to sell its life products
LIC wants Axis bank to sell its life...

LIC owns about 15% in Axis Bank, but now it's pushing Axis bank to sell insurance policies...

LIC eyes to double policy sales at 4 crore; intends to hire 2 lakh agents
LIC eyes to double policy sales at 4...

LIC is aiming to double its business in terms of new policy issuance to four crore in the...

IRDAI squeezes norms for insurance IPOs
IRDAI squeezes norms for insurance IPOs

Insurance Regulatory and Development Authority of India (IRDAI) will make certain changes to its...

IRDAI instruct insurers not to depend on banks for selling policies
IRDAI instruct insurers not to depend...

The insurance regulator has warned life companies against overdependence on banks for selling...

IRDAI asks Universal Sompo General Insurance's Japanese MD to step down
IRDAI asks Universal Sompo General...

The Insurance Regulatory & Development Authority of India has ordered Universal Sompo...

Insurers may have to lower agent commission for certain products
Insurers may have to lower agent...

Insurers may soon have to lower commissions to insurance agents in certain product categories,...

Companies rope in global travel risk firms
Companies rope in global travel risk...

  Most companies have mailers sent out by the central travel desk that advise employees on the...

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