My Term Insurance from ING Vysya Life Insurance

 

 

 

Property, gold, or a simple fixed deposit. Investing is always good, but not good enough when it comes to building a solid foundation for your family’s financial future.

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Samsung Life Insurance eyes Pramerica stake in DLF JV

South Korea’s largest insurance company,Samsung Life Insurance is in talks with DLF -Pramerica to buy Pramerica’s 26% stake in the insurance joint venture to enter India. Even after the exit of ING from Indian insurance sector by selling off its 26% stake in joint venture ING Vysya Life Insurance, several foreign players are eying to enter India.

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IRDA collects Rs 2.5 cr penalty in June-Sept period

Insurance Regulatory and Development Authority (Irda) has collected a whopping Rs 2.56 crore as penalty in the June to September period. The insurance regulator had imposed penalties ranging from Rs 5 lakh to Rs 1.47 crore on insurance companies. On one instance, a penalty of Rs 15 lakh was imposed on Indusind Bank, which is the corporate agent of Cholamandalam MS General Insurance.

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